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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 - CIRO White Paper and Proposed Rule Amendments to Modernize Account Transfers (October 8, 2025)
(October 8, 2025)

Submission – CSA – Notice and Request for Comment 25-314 – Proposed Approach to Oversight and Refinements to the Proposed Binding Authority Framework for an Identified Ombudservice (OBSI) (September 29, 2025)
(September 29, 2025)

Submission - Philippe Lebel - AMF - Recalibration of AMF Fees (September 19, 2025)
(September 19, 2025)

Submission - OSC - Proposed Amendments to OSC Rule 48-501 Trading During Distributions, Formal Bids and Share Exchange Transactions and Proposed Changes to Companion Policy 48-501 Trading During Distributions, Formal Bids and Share Exchange Transactions (September 17, 2025)
(September 17, 2025)

Submission to Finance - Implementation of CARF & Amendments to CRS (September 12, 2025)
(September 12, 2025)

SIMA urges reform of Canada’s retirement-savings framework
(August 27, 2025)

Canada’s Retirement Puzzle: Why Private Savings Must be at the Centre of Reform – Summary
(August 26, 2025)

Submission - CIRO - CIRO Rule Consolidation Project - Phase 5 (June 24, 2025)
(June 24, 2025)

Submission - Mr. Félix Fortin-Lauzier - Quebec Government - Bill 92 (May 16, 2025)

Comments on transfer of mutual advisors oversight from CSF to CIRO.

(May 16, 2025)

Submission - OSC - Me Philippe Lebel - CSA Consultation - Principal Distributor Model (April 28, 2025)
(April 28, 2025)

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)
(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)