Regulatory Alerts2025-10-09
CSA Coordinated Blanket Order 51-932: Temporary Exemption from Proxy Material Delivery During Postal Suspension
The Canadian Securities Administrators issued Blanket Order 51-932 to temporarily exempt reporting issuers from delivering proxy-related materials during the Canada Post labor suspension. This relief applies exclusively to meetings where all agenda items are standard annual matters, such as director elections and financial statement approvals, provided the matters are not contested. Issuers utilizing this exemption must ensure materials are filed on SEDAR+, published on their websites, and accompanied by a news release detailing how shareholders can access information and vote.
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