As noted, CSA does not have regulatory powers, but it’s jurisdiction lies with individual provinces and territories. Each province and territory in Canada has its own securities regulator and legislation. The CSA coordinates regulation across these jurisdictions. It works to harmonize and streamline securities regulation across Canada, develop national policies, and manage systems like:

  • SEDAR+ (System for Electronic Document Analysis and Retrieval) – used for companies to make necessary filings
  • NRD (National Registration Database) – used for maintaining information about individuals licensed to perform securities activities
  • SEDI (System for Electronic Disclosure by Insiders)

To ensure a systematic approach to learning, we will describe these systems in detail in the applicable sections.
Full list of provincial securities regulators in Canada for reference:

  1. Alberta – Alberta Securities Commission (ASC)
  2. British Columbia – British Columbia Securities Commission (BCSC)
  3. Manitoba – Manitoba Securities Commission (MSC)
  4. New Brunswick – Financial and Consumer Services Commission (FCNB)
  5. Newfoundland and Labrador – Newfoundland and Labrador Securities Commission (NLSC)
  6. Nova Scotia – Nova Scotia Securities Commission (NSSC)
  7. Ontario – Ontario Securities Commission (OSC)
  8. Prince Edward Island – Prince Edward Island Securities Office (PEI Securities)
  9. Quebec – Autorité des marchés financiers (AMF)
  10. Saskatchewan – Saskatchewan Financial Services Regulatory Authority (SFSA)
  11. Northwest Territories – Securities Office, Government of the Northwest Territories
  12. Nunavut – Nunavut Securities Office
  13. Yukon – Yukon Securities Office