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LEGISLATION - Interpretation - Jurisdiction - Federal - Provincial and territorial - Regulations - Constitutional issues - Federal v. provincial jurisdiction

Friday, May 26, 2017 @ 8:35 AM  

Reference by the Government of Quebec (Quebec) concerning the constitutionality of the implementation of a pan-Canadian securities regulation regime and of the Capital Markets Stability Act (Federal Act). Quebec asked the Court to determine: (1) if the Constitution of Canada authorized the implementation of pan-Canadian securities regulation under the authority of a single regulator, and (2) if the Federal Act exceeded the authority of the Parliament of Canada over the general branch of the trade and commerce power under subsection 91(2) of the Constitution Act, 1867....