The Canada Steering Committee meets regularly to discuss issues that effect ISDA's Canadian members. During these meetings, members are also updated on the activities of the Legal/Regulatory Subcommittee and Accounting Subcommittee.

• Chair, Canada Steering Committee: François Bourassa (National Bank of Canada)
• Chair, Legal & Regulatory Committee: Margaret Grottenthaler (Stikeman Elliott LLP)
• ISDA Staff Contact: Katherine Darras -- KDarras@isda.org

How to Join

Committee Activities

Documentation

PROJECT	STATUS	PROJECTED OR ACTUAL COMPLETION DATE
Memorandum outlining the benefits of use of the Transfer Annex form of Credit Support Agreement between Canadian Counterparties and Redline showing changes from the previous version	Completed	January 25, 2007
Instructions and Additional Provisions for the use of the ISDA Credit Support Annex (New York law) with a Quebec Counterparty	Completed	February 2005
Canadian Law Force Majeure Definition for use with the 2002 ISDA Master Agreement	Completed	June 2004

Legal Opinions

PROJECT	STATUS	PROJECTED OR ACTUAL COMPLETION DATE
Legal Opinion Supporting Instructions and Additional Provisions for the use of ISDA Credit Support Annex (New York law) with a Quebec counterparty. (For Members Only)	Completed	December 23, 2005

Regulatory

PROJECT	ADDRESSED TO	STATUS	PROJECTED OR ACTUAL COMPLETION DATE
ISDA Submission to Department of Finance Canada, Department of Industry Canada reg. Reforming Federal Securities Transfer Rules	Mr. Timothy C. Sargent	Completed	April 30, 2008
ISDA Submission to Senate Committee on Banking, Trade and Commerce re Bill C-12 Hearings	Mr. Line Gravel, Senate Committee on Banking Trade and Commerce, Ontario, Canada	Completed	February 26, 2008
Comment letter to Quebec AMF on Proposed Derivative Framework Documents. (English version) (French Version)	Autorité des marchés financiers (AMF)	Completed	November 8, 2007
ISDA Comment Letter to Industry Canada regarding the Definition of Eligible Financial Contract	Mr. Matthew Dooley, Senior Project Manager, Industry Canada	Completed	October 31, 2006
ISDA Comment Letter to Ontario Commodity Futures Act Advisory Committee re: Interim Report reviewing Ontario’s Commodity Futures Act (CFA)	Ontario Commodity Futures Act Advisory Committee	Completed	August 1, 2006
Comment letter to Quebec AMF on Regulation of Derivatives. (English version) (French version)	Autorité des marchés financiers (AMF)	Completed	July 27, 2006
Letter requesting support for reforms to Canadian Insolvency Law Reform	Mr. David Dodge Governor Bank of Canada	Completed	June 22, 2006
Ontario Commodity Futures Act Advisory Committee – Interim Report reviewing Ontario’s Commodity Futures Act (CFA)	Minister Gerry Phillips	TBA	Interim Report Comments requested by July 14, 2006
Comment letter on Amendments to the Bankruptcy and Insolvency Act and Companies' Creditors Arrangement Act and Suggested Amendments to Bankruptcy and Insolvency Act and CCAA	Mr. Eric Dagenais	Completed	March 21, 2006
Comment letter on Amendments to the Bankruptcy and Insolvency Act and Companies' Creditors Arrangement Act	Mr. Gilles Gauthier, Director -Industry Canada	Completed	August 31, 2005
Submission to Ontario Government concerning priority of collateral law reform on 2005 legislative agenda	The Honourable Dalton McGuinty Premier And The Honourable Jim Watson Minister of Consumer and Business Services	Completed	February 15, 2005
Intervenor Factum – Pengrowth Corporation, Canadian Forest Oil Ltd., and Altagas Ltd. v. Androscoggin Energy LLC	Court of Appeal for Ontario	Completed	February 14, 2005
Comment Letter on the draft rules under the British Columbia Securities Act, S.B.C. c.43	Ms. Brenda Benham British Columbia Securities Commission	Completed	August 31, 2004
Comment letter on Bankruptcy and Insolvency Act, Companies' Creditors Arrangement Act and Winding-up and Restructuring Act	Mr. Gilles Gauthier, Director -Industry Canada	Completed	June 7, 2004
Comment Letter on the Uniform Securities Act and the Model Securities Administration Act	Ms. Jane Brindle, Legal Counsel Alberta Canadian Securities Administrators	Completed	May 10, 2004
Final Draft OSFI Ruling on Physically-settled Commodity Transactions and cover letter	Final Draft of Ruling from: Office of the Superintendent of Financial Institutions Canada (OSFI) and cover letter.	Completed	April 12, 2004
Letter in support of proposed amendments to the Uniform Securities Transfer Act	Mr. David Brown Executive Director, USTA Project Mr. Maxime Pare Chair, CSA USTA Task Force	Completed	December 10, 2003
Concept Proposal for Uniform Securities Legislation as it concerns OTC Derivatives	USL Project Steering Committee of the Canadian Securities Administrators	Completed	April 15, 2003
Proposed Amendments to National Instrument 81-102	Commission des valeurs mobilières du Québec	Completed	October 17, 2002
Intervenor Factum - Enron Capital & Trade Resources Canada Corp. v Blue Range Resource Corp., Humble Petroleum Mtkg. Ltd., Pricewaterhousecoopers Inc.	Court of Appeal of Alberta	Completed	2000