An Update On Temporary Relief From Securities Requirements Due To COVID-19

On April 16, 2020, the Canadian Securities Administrators issued an updated version of Staff Notice 51-360 - Frequently Asked Questions Regarding Filing Extension Relief Granted By Way Of A Blanket Order In Response to COVID-19, which provides the following additional guidance on deferred filings and applicable filing fees in connection with the local blanket orders that were previously issued in each of the provinces and territories regarding relief from certain periodic reporting and filing requirements (collectively, the Blanket Orders):

• if an issuer is relying on a Blanket Order to defer filings, the issuer may pay the corresponding fees at the time the deferred filings are made, or, in respect of deferred annual and/or interim financial statements only, such fees may be paid anytime within the extension period (even if such deferred filings have already been made). In jurisdictions where fees are payable for other deferred filings, such as annual information