On June 1, the CSA announced that the launch of SEDAR+ will be deferred to July 25, 2023 or by September 12, 2023 if work on the data migration is not complete in time for the July launch. The CSA will confirm the SEDAR+ launch date by the end of June for organizations to make plans accordingly.

In the meantime, filing organizations will continue to use SEDAR and other legacy systems until SEDAR+ is live.

SEDAR+ will reduce costs, simplify payments and save time for issuers. Some of the notable features of SEDAR+ include the following:

1. Automatic fee calculator for filing fees

2. Expanded hours: SEDAR+ will be online 24 hours a day, seven days a week

3. Consolidated source of information: SEDAR+ will have all information in one centralized location, including reporting issuer lists

4. Exemptive relief applications

For more information relating to SEDAR+ requirements, read our previous update here.