As the COVID-19 pandemic disrupts business operations,
it also brings about new governance and compliance challenges for
public companies. In this article, we discuss front line
perspectives and practical considerations that may guide Canadian
public companies through this uncharted period. Stikeman Elliott is
actively engaged with its clients across a broad range of
industries, providing practical advice to help key decision makers
protect interests of shareholders, remain in compliance and
mitigate risk.
Filing Deadlines
As the impact of the global COVID-19 pandemic continues to
evolve, Canadian issuers may find themselves in a position where
they are unable to meet annual and/or quarterly financial statement
filing deadlines, particularly as social distancing measures for
staff and service providers (e.g., audit teams) disrupt normal
course audit or review plans and timelines. As
previously discussed, last week the Canadian Securities
Administrators (CSA) anno
