Regulatory Alerts2025-06-19
CSA Notice of Publication: Amendments and Changes to Certain Regulations and Policy Statements related to the Senior Tier of the Canadian Securities Exchange, the Cboe Canada Inc. and AQSE Growth Market name changes, and Majority Voting Form of Proxy Requirements
The Canadian Securities Administrators (CSA) have published final amendments to multiple securities regulations and policy statements to align regulatory treatment with the Canadian Securities Exchange's new Senior Tier, reflect the name changes of Cboe Canada Inc. and AQSE Growth Market, and address majority voting requirements under the Canada Business Corporations Act. These changes, effective September 19, 2025, ensure that non-emerging issuers on the CSE Senior Tier are treated consistently with other non-emerging exchange-listed issuers and clarify proxy voting options for directors. The amendments replace references to former exchange names and harmonize proxy form requirements to resolve uncertainties arising from recent legislative changes regarding majority voting in uncontested director elections.