As
we recently discussed, the OSC provided
guidance earlier this week for issuers in case of a postal strike,
a situation that has now been realized. Other Canadian securities
regulators have also provided similar guidance.
For example, the Alberta Securities Commission has
advised those required to file material with the
ASC to make the filings by delivery or fax unless the filing is
required to be made through SEDAR, SEDI or NRD. With respect to the
requirement to send financial statements and related disclosure to
securityholders, the ASC has issued a Blanket Order
providing an exemption under certain circumstances. Among other
things, reporting issuers and investment funds are required to
issue a news release stating that electronic versions of the
financial statements have been filed on SEDAR and that copies of
the statements will be sent to those requesting them. The New
Brunswick Securities Commission has also issued an order (Blanket Order 51-501)
as has
