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ARTICLE · 12 MAY 2020

CSA Provides Additional Temporary Relief From Certain Filing And Delivery Requirements

Burnet, Duckworth & Palmer LLP
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On May 1, 2020, the Canadian Securities Administrators (CSA) announced that it is providing public companies with additional temporary blanket relief from certain delivery and filing requirements.

CanadaCorporate/Commercial Law
Burnet, Duckworth & Palmer LLP
Burnet, Duckworth & Palmer LLP
Lindsay Cox
Lindsay Cox
Leslie-Anne Bowyer
Leslie-Anne Bowyer
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On May 1, 2020, the Canadian Securities Administrators (CSA) announced that it is providing public companies with additional temporary blanket relief from certain delivery and filing requirements. The relief is being provided as a result of the COVID-19 pandemic and decisions made by certain reporting issuers to delay the typical timing of holding their annual meeting of secuityholders (AGM) and/or difficulties certain issuers are having responding to requests for paper copies of certain financial statements and management's discussion and analysis (MD&A) given mandated work from home policies and compliance with public health authority recommendations in respect of social distancing. In accordance with this announcement, the Alberta Securities Commission (ASC) issued, effective May 1, 2020, Blanket Order 51-518: Temporary Exemptions from Certain Requirements to File or Send Securityholder Materials (the Blanket Order).

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