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Canadian Consolidated Trading Update

TMX DatalinxⓇ is launching TSX Consolidated Volume (TCV) in September 2025 with the data feed available to vendors. This service aggregates trading volume from across all Canadian equity venues for TSX and TSXV listings, giving market participants a significantly broader view of activity without the need to license each marketplace individually. Designed to support informed decision-making, TCV makes trading insights more accessible across Canada's public markets and enhances visibility for listed issuers.

Canadian securities regulators propose semi-annual financial reporting pilot

The Canadian Securities Administrators (CSA) announced a proposed multi-year pilot to allow eligible venture issuers to voluntarily adopt semi-annual financial reporting (the SAR Pilot). The SAR Pilot would provide an exemption for certain venture issuers listed on the TSX Venture Exchange Inc. (TSXV) or the CNSX Markets Inc. (CSE) from the requirement to file first and third quarter financial reports under National Instrument 51-102 Continuous Disclosure Obligations.