Canadian Securities Law

Share Buybacks During COVID-19? Practical Considerations Before Proceeding

March 27, 2020
- Stikeman Elliott
Issuers looking to undertake or continue normal course issuer bids (NCIBs) during the COVID-19 pandemic should consider a number of issues. Canadian issuers wishing to buy back previously issued shares are generally subject to the issuer bid rules set... Read more
Industry Canada Provides Guidance on Virtual Meetings and AGM Delays under the CBCA

March 26, 2020
- Stikeman Elliott
Recognizing the inherent difficulties in hosting in-person annual general meetings in light of the COVID-19 outbreak, Industry Canada has published guidance endorsing virtual shareholder meetings for Canadian federally incorporated businesses. The... Read more
Extension of Filing Deadlines for Certain Exchanges, Commodity Future Exchanges, Clearing Agencies and other “Regulated Entities” in Response to COVID-19 Pandemic

March 25, 2020
- Stikeman Elliott
In response to the COVID-19 pandemic, securities regulatory authorities in each of Canada’s provinces and territories have temporarily extended certain deadlines for specified “Regulated Entities” including exchanges, commodity future... Read more
Canadian Securities Regulators Extend Certain Financial Information Filing Deadlines of Dealers, Advisers, Investment Fund Managers and Foreign Exempt Firms in Response to COVID-19 Pandemic

March 25, 2020
- Stikeman Elliott
In response to the COVID-19 pandemic, securities regulatory authorities in each of Canada’s provinces and territories have temporarily extended certain deadlines in respect of documents or information to be filed or payment of fees by certain registrants... Read more
Extension of Certain Filing, Delivery and Prospectus Renewal Requirements of Investment Funds in Response to COVID-19 Pandemic

March 25, 2020
- Stikeman Elliott
Securities regulatory authorities in each of Canada’s provinces and territories have, effective on March 23, 2020, extended filing and delivery obligations of investment funds under securities legislation, subject to certain conditions. Delivery... Read more
Canadian Securities Regulators Publish Blanket Orders Granting 45-Day Filing Extension for Continuous Disclosure Filings

March 24, 2020
- Stikeman Elliott
Temporary exemptive relief has also been granted under separate blanket orders for regulated entities, investment funds filing requirements, registrants and unregistered capital markets participants.... Read more
TSX and TSX-V Extend Deadlines for AGMs During COVID-19 Pandemic

March 24, 2020
- Stikeman Elliott
Issuers listed on the Toronto Stock Exchange (TSX) and the TSX Venture Exchange (TSX-V) have been granted relief from certain provisions of the TSX Company Manual and the TSX-V Policies in response to the COVID-19 pandemic. TSX temporarily extends deadlines... Read more
COVID-19 Front Line Perspectives and Practical Considerations for Public Companies

March 23, 2020
- Stikeman Elliott
As the COVID-19 pandemic disrupts business operations, it also brings about new governance and compliance challenges for public companies. In this article, we discuss front line perspectives and practical considerations that may guide Canadian public companies... Read more
CSA and IIROC Release COVID-19 Relief and Guidance to Registrants, Investment Fund Issuers and Other Market Participants

March 20, 2020
- Stikeman Elliott
The Canadian Securities Administrators (CSA) have announced that as a result of the COVID-19 outbreak they will provide temporary relief from regulatory filings required to be made on or before June 1, 2020 (the CSA COVID-19 Release). The Investment... Read more
Looking to Change Your Meeting Because of COVID-19? CSA Says Go For It!

March 20, 2020
- Stikeman Elliott
The Canadian Securities Administrators (CSA) have provided guidance for issuers considering changes or alternatives to their in-person annual general meetings. Issuers looking to change the date, time, location and/or format of an annual general meeting... Read more

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