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ARTICLE · 04 DECEMBER 2024

Take Two: The Canadian Securities Administrators Seek Comments On New Version Of Access Model For Continuous Disclosure Documents

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Following the adoption in April 2024 by the Canadian Securities Administrators ("CSA") of an "access equals delivery" model allowing issuers to file prospectuses without printing and mailing...

CanadaCorporate/Commercial Law
Marie-Christine Valois
Marie-Christine Valois
Paul Blyschak
Paul Blyschak
Claudia Schneidman
Claudia Schneidman
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Overview and Key Takeaways

Following the adoption in April 2024 by the Canadian Securities Administrators ("CSA") of an "access equals delivery" model allowing issuers to file prospectuses without printing and mailing, the CSA published for comment its revised "access equals delivery" model for certain continuous disclosure documents (the "Proposed Access Model"). With this new draft published on November 19, the CSA introduces important changes to its previous proposal to address concerns raised by stakeholders during the 2022 comment period regarding potential adverse effects on retail investors. The comment period for this new iteration closes on February 17, 2025.

Our key takeaways include:

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