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ARTICLE · 03 JUNE 2020

Canadian Securities Regulators Extend Deadlines For Filings Due By August 31, 2020

This week, the Canadian Securities Administrators (CSA) published blanket orders providing non-investment fund Canadian reporting issuers ("Reporting Issuers") with a temporary 45-day extension in...

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Summary

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This week, the Canadian Securities Administrators (CSA) published blanket orders providing non-investment fund Canadian reporting issuers ("Reporting Issuers") with a temporary 45-day extension in respect of most securities regulatory filings required to be made between June 2 and August 31, 2020 (the "Filing Relief"). The CSA announced similar relief for Canadian investment fund reporting issuers, which has been enacted pursuant to separate blanket relief orders.


Scope


The Filing Relief applies to various filings required to be made by Reporting Issuers, including interim and annual financial statements, Management Discussion and Analysis (MD&As), Annual Information Forms (AIFs), and Business Acquisition Reports (BARs). In addition, the 45-day extension also applies to the lapse date of a final base shelf prospectus (the "Lapse Date Relief").

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