Canada Post Strike

Canada Post Strike

If you are conducting business with FCAA, please be advised that delivery may be delayed due to the postal strike. 

Click on the stakeholder list below to find out what measures should be taken in the event of a postal strike. Processing times may be impacted during this period. We apologize in advance for any inconvenience this may cause. 

 

• Auction Sales Companies and Auctioneers
• Charitable Fundraising Businesses
• Collection Agencies
• Commercial Cemeteries
• Credit Reporting Agencies
• Direct / Door to Door Sellers
• Insurance Companies – Licensed and Unlicensed
• Loan Brokers
• Mortgage Broker, Mortgage Administrator, Mortgage Brokers and Associates
• Payday Lenders
• Pension Plans
• Securities Industry Participants
• Trust, Loan and Financing Corporations
• Vehicle Dealers

 

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Auction Sales Companies and Auctioneers 

 

• Applications, renewals, tax, annual filings and payments should be delivered in person or via courier.

 

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Charitable Fundraising Businesses

 

• Applications, renewals, tax, annual filings and payments should be delivered in person or via courier.

 

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Collection Agencies

 

• Applications, renewals, tax, annual filings and payments should be delivered in person or via courier.

 

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Commercial Cemeteries

 

• Applications, renewals, tax, annual filings and payments should be delivered in person or via courier.

 

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Credit Reporting Agencies

 

• Applications, renewals, tax, annual filings and payments should be delivered in person or via courier.

 

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Direct / Door to Door Sellers

 

• Applications, renewals, tax, annual filings and payments should be delivered in person or via courier.

 

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Insurance Companies – Licensed and Unlicensed 

 

• Applications, renewals, tax, annual filings and payments should be delivered in person or via courier.
• Hail Insurance companies should send information via email, fcaa@gov.sk.ca.

 

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Loan Brokers

 

• Applications, renewals, tax, annual filings and payments should be delivered in person or via courier.

 

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Mortgage Broker, Mortgage Administrator, Mortgage Brokers and Associates

 

• Applications, renewals, tax, annual filings and payments should be delivered in person or via courier.

 

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Payday Lenders

 

• Applications, renewals, tax, annual filings and payments should be delivered in person or via courier.

 

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Pension Plans

 

• All filings for pension plans must be made using the Registration and Licensing System: https://fcaa.saskatchewan.ca 
• Payments above $2,500 must be sent by courier.
• Payments below $2,500 may be paid using the Registration and Licensing System or must be sent by courier.
• Note: The Canada Revenue Agency may assess a late filing penalty if an annual information return is not filed by the filing deadline.

 

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Securities Industry Participants

 

Corporate Finance Filings

• There is no change in filing requirements in the event of a postal strike. For Corporate Finance filings, most companies and investment funds already file these documents electronically through SEDAR, or SEDI and there is public access to these filings at www.sedar.com and www.sedi.ca. 
• Companies and individuals that need to submit filings that are not required to be made     electronically on SEDAR or SEDI, should send them via email to tony.herdzik@gov.sk.ca, by fax (306) 787-5899 or by courier.  

 

Relief From Requirement To Deliver Financial Statements And Related Disclosure 

• For Issuers:  Under General Order 11-501, a company is exempt from the requirement to deliver financial statements and MD&A to its shareholders, provided that the company:
  • complies with its filing requirements;
  • issues a news release notifying shareholders that the disclosure is available on-line and will be sent to shareholders who request copies; and
  • sends the documents to shareholders once postal service resumes.
• For investment funds: General Order 11-502 contains a similar exemption from the requirement to deliver financial statements and management reports of fund performance to security holders. 
• Affected companies and investment funds should refer to these instruments and review the conditions carefully to determine if they are eligible for the relief.  

 

Registration Filings, Reporting and Notifications 

• No changes to National Registration Database electronic submissions. 
• All other required filings, reporting and notifications should be sent to Capital Markets Branch by email to registrationFCAA@gov.sk.ca, by fax (306)787-5899 or by courier.
• Reminder:  registrants must make reasonable efforts to send clients their trade confirmations, account statements and other reporting in a timely way.

 

Applications For Relief From Requirement To Deliver Other Documents 

• FCAA will consider applications for relief from the requirements to deliver other documents to shareholders and other parties, such as proxy-related materials and bid circulars. We will consider these applications on a case-by-case basis. In cases where relief is urgently needed, FCAA will attempt to deal with such applications on an expedited basis. We encourage companies to consult with their service providers and legal advisers as to alternate delivery options for proxy-related materials.

 

Cheques Normally Mailed to FCAA 

• Any cheques normally mailed to FCAA should instead be couriered.

 

Securities Industry Participant Questions

• If you have any questions, please contact our Legal Branch by phone at (306)787-5879, or by email exemptions@gov.sk.ca.

 

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Trust, Loan and Financing Corporations

 

• Applications, renewals, tax, annual filings and payments should be delivered in person or via courier.

 

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Vehicle Dealers

 

• Applications, renewals, filings and payments must be made using the Registration and Licensing System: https://fcaa.saskatchewan.ca