The securities regulators of Alberta, Manitoba, New Brunswick, Nova Scotia, Ontario, Quebec, and Saskatchewan (the participating jurisdictions) have jointly announced they are postponing the publication CSA Multilateral Staff Notice 58-311 Report on Fifth Staff Review of Disclosure regarding Women on Boards and in Executive Officer Positions (The report).

The data in the report is compiled from public documents filed on the System for Electronic Document Analysis and Retrieval (SEDAR) by non-venture issuers with year-ends between December 31 and March 31 that filed information circulars by July 31. This year, due to COVID-19, a number of issuers delayed their Annual General Meeting and did not file information circulars by July 31. This left the CSA with a sample size not comparable with that of prior years.

The CSA expects to publish the report in early 2021.

For more information, please call Barbara Hendrickson at BAX Securities Law (416) 601 -1004.

This publication is not intended to constitute legal advice. No one should act on it or refrain from acting on it without consulting with a lawyer. BAX does not warrant or guarantee the accuracy or currency or completeness of the publication. No part of this publication may be reproduced without the prior written permission of BAX Securities Law.