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Temporary relief from certain regulatory filings available to registrants and unregistered capital markets participants due to COVID-19

The securities regulatory authorities in Alberta, British Columbia, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Saskatchewan and Yukon (the participating jurisdictions) published on May 29, 2020 temporary blanket relief for registrants and unregistered capital markets participants from certain financial…

Canadian securities regulators remind issuers of importance of disclosure in financial reporting

The Canadian Securities Administrators (CSA) released a notice on May 29, 2020 reminding reporting issuers of the importance of disclosing high quality financial information to investors. The CSA encourages issuers to visit the CSA COVID-19 Information Hub for further guidance and information, including COVID-19: Continuous Disclosure Obligations and…

Canadian Securities Administrators Implement Mandatory Debt Market Transparency

The Canadian Securities Administrators (CSA) recently finalized and expanded the mandatory transparency requirements (the transparency requirements) regarding for government debt securities and corporate debt securities. These changes amend  National Instrument 21-101 Marketplace Operation and its related Companion Policy (together, NI -21-101). With these changes, information…

Canadian Bar Association submission on CSA Consultation Paper 51-405 Consideration of an Access Equals Delivery Model for Reporting Issuers

On January 9, 2019 the Canadian Securities Administrator (CSA) including the Ontario Securities Commission (OSC) published a consultation paper ‘Consideration of an Access Equals Delivery Model for Non-Investment Fund Reporting Issuers’ (the Consultation Paper) to provide a forum for discussion on the appropriateness of an access…