For Immediate Release
March 30, 2009

Terms of CSA Chair and Vice-Chair Renewed

Montréal – The Canadian Securities Administrators (CSA) have renewed the term of Jean St-Gelais as Chair of the CSA for one year. Mr. St-Gelais, President and CEO of the Autorité des marchés financiers (AMF), has served as CSA Chair since April 2005.

"In the current economic environment, the CSA play a leading role in promoting fair and efficient capital markets for the benefit of all Canadians," said Mr. St-Gelais. "I look forward to continued cooperation with my colleagues from other jurisdictions in our efforts to harmonize and improve the regulation of Canada’s capital markets and to effectively enforce securities legislation."

The term of CSA Vice-Chair Don Murray, Chair of the Manitoba Securities Commission, was also renewed for one year. "We will continue to focus on our fundamental objectives, which are to provide protection to investors and ensure confidence in Canada’s capital markets," said Mr. Murray. "We will remain attentive to current market conditions and public concerns," Mr. Murray added.

CSA members voted to extend the terms of the Chair and Vice-Chair during meetings held in Toronto on March 26 and 27, 2009. The members also renewed the term of David Wilson, Chair of the Ontario Securities Commission, as Chair of the Policy Coordination Committee for one year until March 31, 2010.

The CSA, the council of securities regulators of Canada's provinces and territories, coordinate and harmonize regulation for the Canadian capital markets.

 

Information:

 

Sylvain Théberge
Québec Autorité des marchés financiers
514-940-2176

Mark Dickey
Alberta Securities Commission
403 297-4481

Andrew Poon
British Columbia Securities Commission
604-899-6880

Ainsley Cunningham
Manitoba Securities Commission
204-945-4733

Wendy Connors-Beckett
New Brunswick Securities Commission
506-643-7745

Doug Connolly
Financial Services Regulation Div.
Newfoundland and Labrador
709-729-2594

Donald MacDougall
Securities Office
Northwest Territories
867-920-8984

Natalie MacLellan
Nova Scotia Securities Commission
902-424-8586

Louis Arki
Securities Office Nunavut
867-975-6587
Carolyn Shaw-Rimmington
Ontario Securities Commission
416-593-2361

Mark Gallant
Office of the Attorney General
Prince Edward Island
902-368-4552

Barbara Shourounis
Saskatchewan Financial Services Commission
306-787-5842

Fred Pretorius
Securities Office
Yukon
867-667-5225