Government of British Columbia

Government of British Columbia

July 23, 2015 12:15 ET

Government of British Columbia: MEDIA ADVISORY - Ministry of Finance

VICTORIA, BRITISH COLUMBIA--(Marketwired - July 23, 2015) -

MEDIA ADVISORY - Ministry of Finance

VICTORIA - British Columbia Minister of Finance Michael de Jong, on behalf of and with other members of the Council of Ministers, will announce important developments toward the implementation of the Cooperative Capital Markets Regulatory System.

British Columbia, Ontario, Saskatchewan, New Brunswick, Prince Edward Island, Yukon and Canada are jointly working toward the establishment of the Cooperative Capital Markets Regulatory System. The Cooperative System is designed to streamline the capital markets regulatory framework and strengthen Canada's capital markets by providing better protection to investors, enhancing Canada's financial services sector and managing systemic risk.

The Council of Ministers, co-chaired by B.C. Finance Minister Michael de Jong and federal Finance Minister Joe Oliver, began its inaugural meeting in Victoria, B.C., today. In addition to the two co-chairs, members of the Council of Ministers in attendance are: Ontario Finance Minister Charles Sousa; Saskatchewan Justice Minister and Attorney General, Gordon Wyant; New Brunswick Justice Minister Stephen Horsman; and Yukon Community Services Minister Currie Dixon.

For more information on the Cooperative Capital Markets Regulatory System, visit: http://ccmr-ocrmc.ca/

Event Date: Friday, July 24, 2015

Time: 10 a.m. PDT

Location:
Legislative Press Theatre
Victoria, B.C.

Special Instructions:
Media unable to attend in person may dial-in to listen to the press conference and participate in the questions and answers portion of the event.

Media dial-in number:
604 681-0260 Vancouver
1 877 353-9184 from Canada and USA
Participant Pass Code: 44333#

Contact Information

  • Media contact:
    Jamie Edwardson
    B.C. Ministry of Finance
    250 356-2821