On Wednesday, May 20, 2020, the Canadian Securities
Administrator (CSA) announced additional temporary
relief for non-investment fund issuers from certain regulatory
filings to be made on or between June 2, 2020 and August 31, 2020
as a result of the COVID-19 outbreak (the May
Relief) through blanket orders in each of the provinces
and territories which are substantially harmonized throughout the
country (collectively, the May Blanket Orders).
The relief is substantially similar to the temporary relief
announced by the CSA on March 23, 2020 (the March
Relief) in relation to filings to be made on or between
March 23, 2020 and June 1, 2020.
An issuer who relied on the March Relief to extend one or more
of its periodic filings normally required to be made on or between
March 23, 2020 and June 1, 2020 cannot rely on the May Relief as a
further extension for those already extended deadlines under the
March Relief. Issuers are reminded that the May Relief is