Americas Block Trades OSC / CSA CAD

Canada Block Trades on TSX

Block-trade financing and discreet execution for large lines of shares listed in Canada — for sellers and acquirers who need to move size without disturbing the order book or the price.

01 · The Market

Americas

Canada equity markets.

Black Haven Investments provides liquidity around block trades in Canada-listed equity: off-market or negotiated-price execution, risk taken on the line itself, and the large-holding disclosure that follows a substantial transfer managed end to end. The market is overseen by Canadian Securities Administrators (provincial commissions, principally the Ontario Securities Commission).

Canada block trades at a glance:

Listed venue	Toronto Stock Exchange (TSX)
Regulator	Canadian Securities Administrators (provincial commissions, principally the Ontario Securities Commission)
Currency	CAD
Principal indices	S&P/TSX 60, S&P/TSX Composite
Structure	Off-market or negotiated-price

Regulatory references are published for general orientation and are not legal advice.

02 · Exchanges

One Venue

Each Canada exchange, covered.

TSX · Toronto

Toronto Stock Exchange

Canada’s principal senior listings venue, with a particular weighting to resources, financials, and energy. Cross-listing with US venues is common and creates structuring optionality for borrowers.

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03 · FAQ

Canada · Block Trades

What holders ask about Canada.

01How do you execute a Canada block trade?

We work the line off the order book, off-market or at a negotiated price, and the block is then printed to Toronto Stock Exchange (TSX) under its block-trade rules. Black Haven Investments can take all or part of the risk on the line, so the seller achieves a clean exit at an agreed price.

02How large a block can you handle in Canada?

It depends on the stock’s free float, daily traded volume and volatility. We assess each line on its merits and indicate a workable size and price range after reviewing the position.

03Does the block trade have to be disclosed?

Often, yes. A substantial transfer by a significant shareholder is generally disclosable under the relevant regime overseen by OSC / CSA. We manage the sequencing and wording of any required notification around the trade.

04Can you finance the buyer of the block?

Yes. A block can be paired with a stock loan to the acquirer, so the newly acquired Canada-listed line serves immediately as collateral for the financing that funds it.

04 · Adjacent Markets

Americas

Countries adjacent to Canada.

United States · Brazil · Mexico · Chile

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A particular Canada holding to talk through?

Send a confidential enquiry, and a senior principal will reply within one business day.

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