The Globe and Mail reports in its Friday edition that TMX Group, 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 under way in the United States. A Reuters dispatch to The Globe says the move comes as Canada is attempting to revive its market for initial public offerings 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, chief executive officer John McKenzie told Reuters 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.