Last blog added on Friday, November 4th, 2022

Information About Timely Disclosure

Recent Posts

Below is a preview of the five most recent posts from the blog Timely Disclosure. To read these posts in their entirely or subscribe to future updates from this blog, please visit their website!

  • LIFE Revisited

    The “Listed Issuer Financing Exemption”, known as “LIFE”, will enter into effect on November 21, 2022[i]. As its name suggests, LIFE is a prospectus exemption for distributions of securities listed for trading on a recognized Canadian stock exchange. LIFE is intended to help smaller listed issuers r … Read more »

  • CBCA Corporations Listed on TSX Can Repeal Their Majority Voting Policies

    The Toronto Stock Exchange (TSX) Company Manual provides in section 461.3[1] that an issuer listed on TSX must adopt a majority voting policy “unless it otherwise satisfies the Majority Voting Requirement in a manner acceptable to TSX, for example, by applicable statute, articles, by-laws or other s … Read more »

  • Toronto Stock Exchange Staff Notice on Normal Course Issuer Bids

    In May 2022, the Toronto Stock Exchange (“TSX”) issued Staff Notice 2022-0001 (the “Staff Notice”)[1] on normal course issuer bids (“NCIBs”), “providing guidance on Sections 628 and 629 of the TSX Company Manual … for frequently asked questions in respect of normal course issuer bids”. Of the 35 FAQ … Read more »

  • Proxy Season Preview 2022: ESG – Growing Importance, Developments and Perspectives from Stakeholders

    On January 13, 2022, Fasken and Laurel Hill Advisory Group (“Laurel Hill”) hosted a webinar on environmental, social and governance (“ESG”) considerations, with a focus on the climate change aspects of ESG that will be relevant to public companies. The webinar’s panelists were Cheryl Gasparet of ATS … Read more »

  • Proxy Season Preview 2022

    On January 13, 2022, TMX Group Ltd. (Toronto Stock Exchange (“TSX”) and TSX Venture Exchange (“TSXV”)), Laurel Hill Advisory Group (“Laurel Hill”) and Fasken hosted a conversation on disclosure and regulatory considerations for issuers leading into the 2022 proxy season. The panel discussed six disc … Read more »