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CSA Defers Launch of SEDAR+

June 2, 2023

On June 1, 2023, the Canadian Securities Administrators (CSA) announced the deferred launch of the new System for Electronic Data Analysis and Retrieval+ (SEDAR+). SEDAR+ had a planned launch date of June 13, 2023. The CSA now intends to launch SEDAR+ on July 25, 2023, with a contingency date of September 12, 2023.

All filers are required to continue using SEDAR and other existing systems until SEDAR+ goes live. However, the flat-fee model announced by the CSA on March 23 will still come into effect on June 9. It will apply to all SEDAR and National Registration Database filings. Until SEDAR+ is live, filing organizations must use the new flat-fee model and manually input their fees in SEDAR. 

Despite the delay in the launch of SEDAR+, the pre-launch onboarding window will remain closed. Filers who previously completed onboarding will have access to SEDAR+ once launched. All other filers will be able to register for SEDAR+ following the launch.

The CSA expects to confirm the SEDAR+ launch date by the end of June.

For more information or to discuss your particular circumstances in respect to this transition, please contact:

Norbert Knutel                           +1-416-863-4013
David Bristow                             +1-416-863-5829
Jessie Dewdney                          +1-416-863-2299

or any other member of our Capital Markets, Corporate Governance or Investment Products & Asset Management groups.