COVID-19 has taken a toll on global stock markets as many
countries struggle to deal with the pandemic. Reporting issuers
(each an "Issuer" or "Company") should be aware
of how COVID-19 may affect their disclosure obligations, including
but not limited to, the Management's Discussion and Analysis
("MD&A"), Material Change Reports ("MCR"),
and published Forward-Looking Information ("FLI").
Issuers in Canada must carefully monitor the impacts of COVID-19
on their business and appropriately update the market as the
situation changes.
CSA Blanket Filing Relief
As of March 18, 2020, the Canadian Securities Administrators
(the "CSA") will provide temporary blanket relief from
some regulatory filings required to be made on or before June 1,
2020. The blanket relief provides a 45-day extension on filings
such as financial statements, management's discussion and
analysis, management reports of fund performance, annual
information forms, technical reports, and certain
