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ARTICLE · 08 MAY 2020

Earnings Calls In The Age Of COVID-19: Proceed With Caution

Blake, Cassels & Graydon LLP
Blake, Cassels & Graydon LLP
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Blake, Cassels & Graydon LLP

Blake, Cassels & Graydon LLP

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Canadian public issuers are grappling with the COVID-19 pandemic and its implications for earnings calls and disclosure.

CanadaCoronavirus (COVID-19)
Jeff Bakker
Jeff Bakker
Howard Levine
Howard Levine
Matthew Merkley
Matthew Merkley
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Canadian public issuers are grappling with the COVID-19 pandemic and its implications for earnings calls and disclosure. This bulletin highlights certain considerations for earnings calls that prudent management teams of Canadian public issuers should bear in mind as they navigate the next several quarters, which will be far from the norm and subject to higher scrutiny.

CURRENT STATUS OF THE ISSUER AND IMPACTS OF THE OUTBREAK

Businesses across all industries have taken exceptional measures to adapt to the direct and indirect consequences of the COVID-19 outbreak, in some cases to survive and in other cases to seize new opportunities. Considering this disruption, investors and other key stakeholders are paying close attention to the current operational and financial standings of issuers. 

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