The following excerpt is from Bell Canada v. Quebec (Commission de la Santé et de la Sécurité du Travail),  1 SCR 749, 1988 CanLII 81 (SCC):
33. Similarly, false prospectuses may be the subject of valid federal legislation from the criminal law standpoint, as well as of equally valid provincial legislation from the standpoint of regulating securities trading: Smith v. The Queen, 1960 CanLII 12 (SCC),  S.C.R. 776.
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