Before a stock can be sold in Canada it must:

Question

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In Canada, before a stock can be sold, it must be approved by the applicable Provincial Securities Commission. Each province has its own securities commission that regulates the sale of securities within that province. The federal government and federal securities commission do not play a direct role in approving the sale of stocks in Canada. Shareholders do not have the authority to approve the sale of stocks, but they do have the ability to vote on issues presented by the company, such as the election of directors or major corporate changes.

Before a Stock Can Be Sold in Canada It Must