The Canadian Securities Administrators (CSA) has increased the limit on capital-raising under the listed issuer financing exemption (LIFE) via a new blanker order (the LIFE Order).1 Effective May 15, 2025, eligible issuers can now raise the greater of $25 million and 20% of the aggregate market value of their listed securities up to a maximum of $50 million in a twelve-month period, subject to a 50% dilution restriction.