On February 7, 2025, the Canadian Anti-Monopoly Project (“CAMP”) and Social Capital Partners (“SCP”) submitted a joint letter to the Ontario Securities Commission (“OSC”) in response to the OSC’s Consultation Paper 81-737 – Opportunity to Improve Retail Investor Access to Long-Term Assets through Investment Fund Product Structures. The comments detail deep concerns from CAMP and SCP regarding the proposals set forth in the Consultation Paper related to expanding access to private equity.
CAMP and SCP are focused, among other matters, on educating Canadians and our policymakers about the risks associated with buyout private-equity funds and the harms they can cause. CAMP published “The Private Equity Playbook: How buyout firms extract rather than build value and what to do about it” and CAMP and SCP jointly hosted a virtual talk with some of the leading private equity critics to educate Canadians about how buyout private equity operates and how it impacts our economy and communities.
The perspectives are rooted in nearly a decade of first-hand legal and exempt-market dealer industry experience, working with or advising fund managers and/or their portfolio companies. Read the letter for complete comments.
Share with a friend
Related reading
Workforce shocks are coming. Are we going to retreat—or reinvent?
Many Canadian businesses and workers are facing looming furloughs and layoffs. As CEO of Challenge Factory Lisa Taylor argues, these workforce disruptions should be seen as an opportunity to invest in our workers, in our businesses and industries and in the future we want for our families and communities. We must evolve government programs to incentivize businesses to train and upskill workers to meet new market demands and execute on new strategies, rather than lay those employees off. Recovery from workforce shocks is possible with creative ways to reinvent and transform.
How employee ownership can help secure Canadian sovereignty | ImpactAlpha
While Canada’s policymakers try to figure out how to make the Canadian economy less vulnerable to Trump’s whims, many Canadian businesses are going to look like a good deal for American investors. A weak Canadian dollar, low interest rates and expected liquidity challenges create the conditions for an acceleration of private equity-led buyouts of Canadian firms. In ImpactAlpha, SCP's CEO Matthew Mendelsohn explains how, as Canada faces Trump’s mercurial and predatory approach to trade and economic policy, employee ownership can offer much-needed stability and resilience.
Canada Growth Summit 2025: Unleashing Canada’s potential in turbulent times
The United States’ unprecedented economic assault has brought Canada’s many pressing challenges, both internal and geopolitical, into sharp relief. On April 24, SCP CEO Matthew Mendelsohn joins a panel of experts for a discussion on accelerating investment at Growth Summit 2025. This year's PPF event will focus on how to urgently unlock Canada’s economic growth potential to safeguard our country’s global competitiveness—and our own standard of living.