The New Brunswick Securities Commission has announced that it will embark on a series of roundtables throughout the province to understand issues and impediments to developing an effective capital market in the province.

During the past six months, the NBSC has researched the state of the capital market in the province and those initiatives that have worked to improve and grow capital markets in other areas around the world. The objective is not just to have a discussion on the issues, but also to develop ideas and ultimately shape an effective action plan that can be implemented within the commission’s mandate, it says.

“The roundtable initiative will help us shape our role in fostering the capital market so that we can fulfil our mandate more effectively,” said Donne Smith, chair and chief executive officer of the NBSC. “We expect that this dialogue will also identify potential solutions outside our purview and perhaps be the catalyst for various stakeholder groups to take on identified initiatives.”

Starting Jan. 18 and continuing over the next few months, the NBSC’s Roundtable on Fostering Capital Markets will visit 10 locations: Saint Andrews, Saint John, Moncton, Fredericton, Bathurst, Tracadie-Sheila, Miramichi, Campbellton, Edmundston and Woodstock.