Improving Governance and Oversight of Designated Commodity Benchmarks

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On September 26, 2023, the British Columbia Securities Commission (BCSC) announced amendments to the Multilateral Instrument 25-102 Designated Benchmarks and Benchmark Administrators. This regulatory update introduces changes aimed at improving the governance and oversight of

Clarity and Consistency in Securities Rules

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On September 11, 2023, the British Columbia Securities Commission (BCSC) enacted B.C. Reg. 209/2023, introducing a series of amendments to various National Instruments and the Securities Rules under the British Columbia Securities Act. These amendments

Organizational Changes in Energy Resource Management

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On July 17, 2023, the government of British Columbia enacted B.C. Reg. 187/2023, aimed at streamlining energy resource management and enhancing environmental oversight. Following an Order in Council approved by the Lieutenant Governor and based

Changing Ecological Reserve Regulations

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On July 18, 2023, British Columbia enacted changes to its ecological reserve regulations through B.C. Reg. 196/2023, under the Ecological Reserve Act. This regulation repeals several older regulations, including the Ecological Reserve Regulations from 1975

Class A and Class B Demand-Side Energy Measures

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On June 28, 2023, the government of British Columbia introduced amendments to the Demand-Side Measures Regulation (B.C. Reg. 326/2008) under the Utilities Commission Act. These changes are aimed at improving the energy efficiency programs and

Indigenous Governance in Oil and Gas Regulation

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On June 16, 2023, British Columbia implemented B.C. Reg. 146/2023, a regulatory framework under the Oil and Gas Activities Act designed to enforce the Blueberry River First Nations Implementation Agreement. This regulation is based on

Transforming Drug Schedules for Better Patient Care

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On June 19, 2023, the College of Pharmacists of British Columbia enacted amendments to the Drug Schedules Regulation, known as B.C. Reg. 9/98, under the authority of the Pharmacy Operations and Drug Scheduling Act. These