Federal Publications logo FEDERAL
PUBLICATIONS
INC.

Navigation Bar E-mail Us Canadian Maps and Charts Books on Canada Home

Library of Parliament Publications: Business and Corporate Issues

Canadian Response to the U.S. Sarbanes-Oxley Act of 2002: New Directions for Corporate Governance

     
  Format Stapled Pages
  Catalogue No. PRB 05-37E
  Pages 13
  Language English; Aussi disponible en français
  Price $13.50
   

Written by Tara Gray.
Published by the Library of Parliament, 2005.

Description:

4 October 2005
Sarbanes-Oxley introduced sweeping changes to the corporate governance and disclosure obligations of publicly traded companies on U.S. markets. The need to maintain compatibility and competitiveness with the United States has forced Canadian regulators to adopt similar provisions. In Canada, most new rules and regulations arising from the reforms came into force in mid-2005, with the remained to be phased in over the following few years.

The paper provides an overview of the Sarbanes-Oxley Act of 2002, and an assessment of its effectiveness. The paper then examines the Canadian context and response to the U.S. legislation.

 

Reforming Canadian Securities Regulation

     
  Format Stapled Pages
  Catalogue No. PRB 05-28E
  Pages 22
  Language English; Aussi disponible en français
  Price $13.50
   

Written by Tara Gray and Andrew Kitching.
Published by the Library of Parliament, 2005.

Description:

19 September 2005
While the regulation of securities in Canada has historically fallen under provinicial jurisdiction, some legal opinions have found that the federal government has the constitutional authority to pass comprehensive legislation regulating capital market activity within Canada. The profusion of provincial and territorial regulation has led many analysts to argue that the current structure of capital markets is unsustainable with the enactment of uniform securities laws across Canada. The debate is whether harmonization can be achieved through cooperation by provincial regulators or whether a more radical solution is necessary: the imposition of a single national securities regulator by the federal government. While this latter option is still under consideration, recent reform efforts have focused on working within the current system.

This paper examines the current securities regime in Canada, and looks at the costs and benefits of provincially regulated securities markets.

 

Dual-class Share Structures and Best Practices in Corporate Governance

     
  Format Stapled Pages
  Catalogue No. PRB 05-26E
  Pages 13
  Language English; Aussi disponible en français
  Price $13.50
   

Written by Tara Gray.
Published by the Library of Parliament, 2005.

Description:

18 August 2005
While the regulation of securities in Canada has historically fallen under provinicial jurisdiction, some legal opinions have found that the federal government has the constitutional authority to pass comprehensive legislation regulating capital market activity within Canada. The profusion of provincial and territorial regulation has led many analysts to argue that the current structure of capital markets is unsustainable with the enactment of uniform securities laws across Canada. The debate is whether harmonization can be achieved through cooperation by provincial regulators or whether a more radical solution is necessary: the imposition of a single national securities regulator by the federal government. While this latter option is still under consideration, recent reform efforts have focused on working within the current system.

This paper examines the current securities regime in Canada, and looks at the costs and benefits of provincially regulated securities markets.

 
Price and availability subject to change. Shipping and applicable taxes extra.
Questions about anything on this page? Please e-mail us.
This page last modified: March 6, 2006

Library of Parliament Publications: Business and Corporate Issues main page
What's New · Home · Search · Books on Canada · Canadian Maps and Charts · Ordering · E-mail Us

©Federal Publications Inc., 1998 - 2008
165 University Avenue, Toronto, Ontario, Canada M5H 3B8
Phone: (416) 860-1611 or toll-free 1-888-433-3782 · E-mail: info@fedpubs.com