CSA Provides Update On Proposed Continuous Disclosure Reforms

In May 2021, the Canadian Securities Administrators (CSA) published for comment proposed amendments to National Instrument 51-102 – Continuous Disclosure Obligations and other related changes to securities laws and guidance (collectively, the Proposed Amendments). The Proposed Amendments were intended to streamline annual and interim disclosure requirements for reporting issuers by, among other things, combining management's discussion and analysis (MD&A) and, for annual filings for non-venture issuers, annual information form (AIF) into one reporting document together with the issuer's financial statements. See our May 2021 Blakes Bulletin: So Hard Done By? CSA Proposes to Reduce Burden with Continuous Disclosure Reforms for more information on the Proposed Amendments.