Canadian daytraders should brace themselves and read the following document that I found on the IB Discussion Board: Investment Dealers Association of Canada Proposed Regulations 2500 - Day Trading and 100.22 - Margin Requirements For Intra-Day Exposures and Proposed Policy No. 10 It appears that the IDA is proposing a PDT rule modeled on the American regulation, with a $40k CAD minimum to daytrade. This is the only information I found so I'm not sure of the current status of this proposal. In 2001 many American traders lamented that they had been unaware of their opportunity to give feedback to the PDT proposals before they were passed. If Canadian traders get such an opportunity they should take advantage of it. If anyone knows or learns anything more about this proposed rule, please post. Let's keep this thread going with new and updated information, ideas and opinions.