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ARTICLE · 08 JUNE 2023

Exemptions Facilitate Transition To SEDAR+

Borden Ladner Gervais LLP
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Local blanket orders provide SEDAR filers with exemptions from certain filing obligations for the period between 11 p.m. on June 8, 2023, and 7 a.m. on June 13, 2023, to allow for the transition to SEDAR+.

CanadaCorporate/Commercial Law
Laura Levine
Laura Levine
Sarah Gardiner
Sarah Gardiner
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UPDATE: On June 1, 2023, the Canadian Securities Administrators announced that the planned launch date for SEDAR+ of June 13, 2023 will be delayed to July 25, 2023. Until SEDAR+ goes live, all capital markets participants are required to continue using SEDAR and the other systems currently in use. Notwithstanding the delayed transition, the flat-fee model announced on March 23, 2023, will still come into effect on June 9, 2023 and will apply to all SEDAR and National Registration Database (NRD) filings. Details about how to apply the flat-fee model in SEDAR will be added to the SEDAR+ Launch page on June 5, 2023. The CSA and member jurisdictions have indicated that they will issue a CSA Notice and Blanket Orders to support the date change on June 8, 2023. As a result of the delayed launch of SEDAR+, the cutover period dates noted in our article below are expected to be similarly delayed.

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