Canada’s ETF market has proven strong, resilient and investor focused. Regulation must reinforce rather than risk eroding its success. The Canadian Securities Administrators (CSA) are urged to adopt a national, evidence-based cost–benefit framework before adding new rules, respect ETF managers’ fiduciary judgment, and avoid prescriptive disclosure or procedural mandates that create cost without investor value. Additional Canadian regulatory burdens risk disadvantaging domestic ETFs against foreign competitors and curbing market innovation. With proven ETF market health and no demonstrated market failure, reforms should be data-driven to sustain Canada’s leadership in ETF markets.

Please see the CFFiM’s full recommendations here.