61-101 - Protection of Minority Security Holders in Special Transactions

61-101 - Protection of Minority Security Holders in Special Transactions

• Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions

  Effective Date:  September 3, 2019.

  61_101_mi_september_3_2019.pdf
• Amendments to National Instrument 61-101

  Effective Date: September 19, 2025. In Saskatchewan: September 19, 2025.

  The purpose of the Amendment Regulations is to codify previously granted relief related to changes at some recognized exchanges and to align securities legislation requirements with the August 2022 requirements with changes made to the Canada Business Corporations Act (CBCA) and the Canada Business Corporations Regulations, 2001.

  The Amendment Regulations address the following:

  • the creation of a senior tier at the Canadian Securities Exchange (CSE), which is intended to be a non-venture tier;
  • to ensure that requirements for non-venture issuers will also apply to those reporting issuers that are listed on the CSE Senior Tier;
  • the name change of the PLUS markets to AQSE Growth Market;
  • the name change of NEO Exchange Inc. to Cboe Canada Inc.; and,
  • amendments to the CBCA dealing with “majority voting”.

  Please see Part LXIV on page 9 of the linked PDF.

  61_101_amendments_september_19_2025.pdf
• The Securities Commission (Adoption of National Instruments) (NI 13-101, MI 11-102, MI 61-101) Amendment Regulations, 2019

  Effective Date: September 3, 2019.

  61_101_ni_september_3_2019.pdf
• Companion Policy 61-101CP

  Effective Date:  September 3, 2019.

  61_101_cp_septembr_3_2019.pdf
• Amendments to Companion Policy 61-101CP

  Effective Date: Subject to Ministerial approval – June 9, 2023.

  61_101_cp_amendments_2023_03_23.pdf