The Canadian Investor is one of the clearest and most informative accounts of Canada’s financial system and the issues it has been facing since the 2008 financial market crash. This insightful book examines all aspects of the many different institutions, programs, actors, and laws that affect investors’ rights. A detailed and accessible analysis of the Canadian landscape that explores securities commissions and other regulatory institutions through a contemporary lens, The Canadian Investor is currently unique in Canada.
Understanding investors, their rights, and their relationship with the legal institutions that are set up to protect them constitutes the foundation of this book. The Canadian Investor attempts to answer the following questions: Who is an investor? What accountability measures are in place to protect investors? How do the rights and programs in Canada look in comparison to other similarly situated countries? In addition to detailing the current state of investor rights and the social and economic importance of investor welfare, this book highlights gaps in protections and proposes some positive avenues for development by drawing on international and historical evidence. The Canadian Investor is an unquestionable must-read for investors, students, practitioners, and all those who desire a properly functioning securities market that serves the interests of Canadians.
About the author
Anita Indira Anand is a professor of law and JR Kimber Chair in Investor Protection and Corporate Governance at the University of Toronto. Professor Anand served as associate dean at the law school from 2007 to 2009 and serves as the academic director of the Centre for the Legal Profession and its program on ethics in law and business. She is a senior fellow and member of the governing board at Massey College and is cross-appointed to the Rotman School of Management and the School of Public Policy and Governance, and serves as the director of policy and research at the Capital Markets Institute at Rotman. Her main research areas relate to the regulation of capital markets, with a specific focus on corporate governance, enforcement, capital raising techniques, and systemic risk. In 2015, Professor Anand was appointed by Ontario’s minister of finance to the Expert Committee to Consider Financial Advisory and Financial Planning Policy Alternatives. She has conducted research for the Five-Year Review Committee, the Wise Person’s Committee, the Task Force to Modernize Securities Legislation in Canada, and the Commission of Inquiry into the Investigation of the Bombing of Air India Flight 182. She was the inaugural chair of the Ontario Securities Commission’s Investor Advisory Panel (2010–2012) and the president of the Canadian Law and Economics Association (2009–2011). During the 2009–2010 academic year, Professor Anand was a visiting scholar at the Bank of Canada and a Herbert Smith visitor at the University of Cambridge. In 2005–2006, she was a Canada–US Fulbright scholar and visiting Olin scholar in law and economics at Yale Law School. In 2012, she was appointed to the Bertha Wilson Honour Society by the Schulich School of Law for service to the legal profession. She has received research grants from the Social Sciences and Humanities Research Council of Canada, the Law Foundation of Ontario, the Connaught Foundation, and others.