News Release
Temporary relief from certain regulatory filings available to registrants and unregistered capital markets participants due to COVID-19
May 29, 2020
Toronto – The securities regulatory authorities in Alberta, British Columbia, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Saskatchewan and Yukon (the participating jurisdictions) published temporary blanket relief for registrants and unregistered capital markets participants from certain financial statement and information delivery requirements, as a result of COVID-19. The conditions of the relief are substantially the same as the temporary relief announced on March 23 (prior relief), but the relief is only applicable to registrants and unregistered capital markets participants with filing deadlines in the periods described below.
The blanket relief provides a 60-day extension for periodic filings normally required to be made between June 2, 2020 and September 30, 2020 by registrants and, in Ontario, unregistered capital markets participants that rely upon certain registration exemptions. These unregistered capital markets participants include unregistered investment fund managers and unregistered exempt international firms. Registrants and unregistered capital markets participants that have already used the prior relief to extend their deadline for any financial statement or information delivery requirements occurring on or before June 1, 2020, cannot use this relief to further extend that deadline.
The CSA is implementing the relief through local blanket orders by the participating jurisdictions. Registrants who are registered in multiple jurisdictions will need to ensure that they satisfy the applicable filing deadlines in those jurisdictions where the relief does not apply.
The securities regulatory authorities in Québec and Manitoba separately published temporary blanket relief from certain financial statement and information delivery requirements for registrants whose principal regulator is one of the participating jurisdictions.
Market participants can view these orders on CSA members’ websites and are encouraged to contact their principal regulator with any questions.
The CSA, the council of the securities regulators of Canada’s provinces and territories, co- ordinates and harmonizes regulation for the Canadian capital markets.
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For inquiries about filings for registrants:
Anita Chung, CPA, CA, CFE |
Mark French |
Wendy Morgan |
Liz Kutarna |
Ashley Lee |
Brian Murphy |
Martin Picard |
Paula White |
Sue Henderson |
For media inquiries, please refer to the list of provincial and territorial representatives below or contact us at media@acvm-csa.ca
For more information
Kristen Rose
Ontario Securities Commission
416-593-2336
media_inquiries@osc.gov.on.ca
Brian Kladko
British Columbia Securities Commission
mediainquiries@bcsc.bc.ca
Jason Booth
The Manitoba Securities Commission
204-945-1660
Sara Wilson
Financial and Consumer Services Commission, New Brunswick
506-643-7045
David Harrison
Nova Scotia Securities Commission
902-424-8586
Renée Dyer
Office of the Superintendent of Securities
Newfoundland and Labrador
709-729-4909
Rhonda Horte
Office of the Yukon Superintendent of Securities
867-667-5466
Hilary McMeekin
Alberta Securities Commission
403-592-8186
Sylvain Théberge
Autorité des marchés financiers
sylvain.theberge@lautorite.qc.ca
Shannon McMillan
Financial and Consumer Affairs Authority of Saskatchewan
306-798-4160
Steven Dowling
Government of Prince Edward Island
Superintendent of Securities
902-368-4550
Jeff Mason
Nunavut Securities Office
867-975-6591
Tom Hall
Office of the Superintendent of Securities,
Northwest Territories
867-767-9305