For Immediate Release
November 28, 2008

Canadian Securities Regulators Announce Extension of Comment Period on ABCP Consultation Paper

Toronto – The Canadian Securities Administrators (CSA) has extended to February 16, 2009, the public comment period for its consultation paper outlining securities regulatory proposals related to the Canadian non-bank sponsored asset-backed commercial paper (ABCP) market. The consultation paper entitled Securities Regulatory Proposals Stemming from the 2007-08 Credit Market Turmoil and its Effect on the ABCP Market in Canada was published on October 6, 2008 with a comment period to end on December 20, 2008. The CSA made the extension at the request of constituents.

The Consultation Paper is available on the websites of various CSA members.

The CSA, the council of the securities regulators of Canada’s provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.

For more information:

Laurie Gillett
Ontario Securities Commission
416-595-8913
Ainsley Cunningham
Manitoba Securities Commission
204-945-4733

Sylvain Théberge
Autorité des marchés financiers
514-940-2176
Wendy Connors-Beckett
New Brunswick Securities Commission
506 643-7745
Ken Gracey
British Columbia Securities Commission
604-899-6577
Natalie MacLellan
Nova Scotia Securities Commission
902-424-8586
Mark Dickey
Alberta Securities Commission
403-297-4481
Barbara Shourounis
Saskatchewan Financial Services Commission
306-787-5842
Marc Gallant
Department of the Attorney General
Prince Edward Island
902-368-4552
Doug Connolly
Financial Services Regulation Div.
Newfoundland and Labrador
709-729-2594
Fred Pretorius
Yukon Securities Registry
867-667-5225
Louis Arki
Nunavut Securities Office
867-975-6587
Donald MacDougall
Northwest Territories
Securities Office
867-920-8984