Regulatory Alerts2025-10-09
Decision No. 2025-PDG-0049: Coordinated General Decision 51-932 Regarding Temporary Exemption from Continuous Disclosure and Beneficial Ownership Communication Obligations Due to Postal Service Suspension
The Autorité des marchés financiers issued Decision No. 2025-PDG-0049 to temporarily exempt non-investment fund issuers from mailing proxy-related documents to registered and beneficial owners due to the Canada Post strike. Issuers must instead publish a press release and proxy materials on SEDAR+ and their websites, provide electronic access, and accept votes without postal deadlines. The exemption applies until postal services resume, at which point issuers must fulfill outstanding mailing obligations within seven days unless the meeting occurs sooner.
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