Home In Depth Special Reports The case of Emerge ETFs

The case of Emerge ETFs

The cease-trade order on all 11 ETFs from Emerge Canada Inc. represented the first time such an order had been placed on a family of ETFs in Canada. We examine the circumstances surrounding this troubled firm.

March 10, 2025

OSC alleges Emerge Canada breached duties to investors with self-dealing loans

Failed fund manager still owes $4.7-million receivable to funds

  • March 10, 2025 March 10, 2025
  • 17:07

Court orders Emerge Capital Management to repay employees who lent it money

Cheques for partial repayment to Emerge Canada employees bounced: court documents

  • August 13, 2024 September 10, 2024
  • 12:22

More tax troubles for former Emerge ETFs unitholders

The unpaid receivables owed to former investors could lead to penalties for holding non-qualified investments

  • June 11, 2024 June 11, 2024
  • 14:00

Emerge ETFs unitholder calls for greater regulatory oversight

Investor decries lack of communication throughout cease-trade order, and recommends increased due diligence when choosing funds

  • April 29, 2024 April 29, 2024
  • 14:00

Emerge ETFs class action won’t proceed

Fund manager has no assets or insurance, lawyer says

  • April 26, 2024 April 26, 2024
  • 15:00

OSC still overseeing Emerge Canada as receivable remains unpaid

The regulator's investigation into Emerge Canada is ongoing

  • April 16, 2024 April 16, 2024
  • 10:25

What we’ve learned from the Emerge ETFs saga

A year after an unprecedented cease-trade order, unitholders are still waiting for answers

  • March 25, 2024 March 25, 2024
  • 14:08

How to improve confidence in ETFs

There are practical steps to take following the Emerge Canada saga

  • March 25, 2024 March 25, 2024
  • 14:07

Receivable owing on Emerge ETFs creates unique tax challenge

Unitholders should be cautious when calculating their capital gains or losses

  • February 2, 2024 February 2, 2024
  • 14:30

Emerge unitholders become unsecured creditors

Investors in five Emerge ARK ETFs have not received payments for receivables outstanding

  • January 8, 2024 January 8, 2024
  • 09:50