* TMX Group ( TMXXF ) pushes for semi-annual reporting for all

companies

* CSA proposal currently targets smaller companies with

revenues under $10 million

* Mining industry rebound expected to boost IPO activity

on TSX in 2026

By Anirban Sen

BOCA RATON, March 12 (Reuters) - TMX Group ( TMXXF ), which

operates the Toronto Stock Exchange, is in talks with Canadian

regulators to push through new rules that will allow all

companies to report earnings every six months, instead of on a

quarterly basis, mirroring a similar effort underway in the

United States.

The move comes as Canada is attempting to revive its IPO

market and reverse a years-long shrinkage of publicly traded

companies, which has been driven by delistings and takeovers.

The Canadian Securities Administrators, the country's top

securities regulator, late last year published a proposal that

would allow smaller companies, typically with revenues of less

than $10 million, to replace quarterly earnings reports with

semi-annual filings.

TMX is suggesting that the newly proposed rules should also

include larger publicly listed companies, CEO John McKenzie said

in an interview on the sidelines of the Futures Industry

Association's annual conference in Florida.

U.S. President Donald Trump said last year that companies

should be allowed to get rid of quarterly reporting and switch

to a semi-annual earnings schedule. The U.S. Securities and

Exchange Commission has said that it was making Trump's proposal

a priority.

Companies in many parts of Europe and Asia, as well as

Australia, have been reporting earnings every six months for

several years.

"We have recommended that (CSA) should actually take it all

the way, and we should actually consider making it optional for

all public companies," said McKenzie. "Then the companies will

decide with their shareholders. If the shareholders need more

information, they will tell them or they won't provide capital."

In order to encourage more companies to list on stock

exchanges, Canada has in recent years reduced tax burdens for

smaller companies, while also easing onerous financial

disclosure requirements for companies that are seeking to tap

the public markets.

"Last year, at one point, Trump said (getting rid of

quarterly reporting) was a good idea. If it gets traction in the

U.S., we've already had engagement with the Canadian regulators

who said we have to follow it immediately, like there could be

zero lag time," said McKenzie.

MINING IPO REVIVAL

TMX is also hoping for a big pick-up in IPO activity this

year, driven by a rebound in the mining industry that has helped

offset the impact of market volatility arising from the war in

Iran, as well as the recent software selloff.

Several companies, including AGT Food and Ingredients, and

drugmaker Apotex, are aiming to tap the public markets this

year.

McKenzie said the Toronto Stock Exchange was poised to

regain its status as the world's top mining hub, after a recent

revival in listings from the sector that has been driven by

increased global demand for critical minerals over the past

year.

Roughly 1,100 mining companies currently trade on Canadian

stock exchanges.

"With what the U.S. administration is actually doing in

terms of kind of onshoring or creating mineral relationships to

counter the Chinese market, which is actually also trying to do

the same thing, you're creating more and more opportunities for

prospectors and developers to build out these mines. So it's a

very pro-mining economy," said McKenzie.