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Rudy Mezzetta The decision last week by the Capital Markets Authority Implementation Office (CMAIO) to “pause” its operations didn’t come as a surprise to many in the investment industry. “I am not surprised with this announcement it has been a long time coming,” said Rebecca Cowdery, a securities lawyer with Borden Ladner Gervais LLP in Toronto. While a national regulator would be ideal, Cowdery said, the proposed cooperative regulator which never got buy-in from Quebec, Alberta or Manitoba was “too cumbersome” to be much of an improvement on the existing system. Last week, the CMAIO, which was established in 2015 to guide the launch of a national capital markets regulatory authority, put its operations on pause and laid off its staff. The organization said that it could resume its work in the future “when there is greater certainty around cooperative system launch timelines.”

Katie walmsleyIan russellJean paul bureaudInvestment industry association of canadaPortfolio management association of canadaCanadian securities administratorInvestment industry associationPortfolio management associationDeputy prime ministerகேடீ வால்ம்ஸ்லிஈயந் ரஸ்ஸல்முதலீடு தொழில் சங்கம் ஆஃப் கனடாபோர்ட்‌ஃபோலீயோ மேலாண்மை சங்கம் ஆஃப் கனடாமுதலீடு தொழில் சங்கம்போர்ட்‌ஃபோலீயோ மேலாண்மை சங்கம்துணை ப்ரைம் அமைச்சர்