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Policy

Policy

As the voice of Canada’s investment funds industry, SIMA’s principal role is to advocate on behalf of its members and their investors. We review and analyze public policy issues, including federal and provincial legislation and regulatory and self-regulatory initiatives and develop and communicate approaches that advance our mission – to foster a strong, stable investment sector where investors can realize their financial goals.

SIMA files many submissions to policy makers and other stakeholders. We also commission reports from independent third-party think tanks and analysts on topical issues, source and share independently- produced research from around the world and provide public commentary. Our Policy and Advocacy pages provide access to all of the documents we have available on a subject by subject basis.

Featured Documents

Submission - CIRO - Proposal to Harmonize CIRO Continuing Education (CE) Programs (March 18, 2025)
(March 18, 2025)

Submission – Competition Bureau – Consultation – Environmental claims and the Competition Act – Draft Guidance (March 7, 2025)
(March 7, 2025)

Submission - CIRO - Non-Tailored Advice in the Order Execution Only Channel (February 28, 2025)
(February 28, 2025)

Submission - OSC Consultation 81-737- Improve Retail Investor Access to LTA through Investment Fund Product Structures (February 21, 2025)

Based on our review of the Proposal’s objectives, regulatory and structural requirements, threshold issues and market considerations, we have identified the following potential issues that could materially impact the success or viability of OLTF offerings. We raise these issues in this submission, to support the OSC’s development of the regulatory proposal in the next phase of this important initiative.

(February 21, 2025)

Submission - CSA Consultation – Amendments to Multilateral Instrument 13-102 System Fees (February 19, 2025)
(February 19, 2025)

Submission - CIRO - Proposal to Modernize the CIRO Arbitration Program (February 7, 2025)
(February 7, 2025)

Submission - CIRO - CIRO Rule Consolidation Project - Phase 4 (February 4, 2025)
(February 4, 2025)

Submission - CSA - CSA Notice and Request for Comments – Proposed Amendments and Proposed Changes to Modernize the Continuous Disclosure Regime for Investment Funds (January 31, 2025)
(January 31, 2025)

Submission - CIRO - Enhanced Cost Reporting – Proposed Rule Amendments (January 8, 2025)
(January 8, 2025)

Submission to Finance – Requesting the expansion of the list under 209(5) of the Income Tax Regulations (October 9, 2024)
(October 9, 2024)

Submission - Competition Bureau - Consultation - Competition Act New Greenwashing Provisions (September 27, 2024)
(September 27, 2024)

Submission - CIRO - Proposed Proficiency Model – Approved Persons Under the Investment Dealer and Partially Consolidated Rules (September 17, 2024)
(September 17, 2024)

Submission - Finance - Consultation on Qualified Investments for Registered Plans (July 19, 2024)
(July 19, 2024)

Submission - CIRO - CIRO Consultation Phase 3 (July 17, 2024)
(July 17, 2024)

Submission - CIFSC - Proposed Changes to CIFSC Responsible Investment Identification Framework (July 15, 2024)
(July 15, 2024)

Submission - CIRO Consultation Re: Proposed Integrated Fee Model (June 24, 2024)
(June 24, 2024)

Submission - Canadian Sustainability Standards Board (CSSB) Proposed Sustainability Standards CSDS 1 & 2 (June 13, 2024)
(June 13, 2024)

Submission to CIRO Re: CIRO Consultation - Policy Options for Leveling the Advisor Compensation Playing Field (March 25, 2024)
(March 25, 2024)

Submission to Finance – FHSA and TFSA Full Carve out of the Additional Reporting Requirements for Trusts (March 19, 2024)
(March 19, 2024)

Submission to CIRO - RE: CIRO Rule Consolidation Project – Phase 2 (March 11, 2024)
(March 11, 2024)