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Email: fcaa@gov.sk.ca
Effective Date: March 9, 2001. Consolidated to August 13, 2013.
Regulates Canadian shelf prospectus distributions. Reformulates and replaces National Policy Statement 44 Rules for Shelf Prospectus Offerings and for Pricing Offerings after the Final Prospectus is Receipted ("NP44")
The Amendments introduce an expedited shelf prospectus regime for well-known seasoned issuers (WKSIs) in Canada. Specifically, the Amendments permit issuers that satisfy the qualification criteria and certain conditions to:
The Amendments are intended to foster capital formation by WKSIs in the Canadian public markets. Eligible reporting issuers will have more flexibility in structuring a base shelf prospectus offering, have improved certainty regarding transaction timing and be permitted to forgo certain requirements that do not, in this context, provide meaningful disclosure to investors. The Amendments will also more closely align the timing of Canadian prospectus filings with those applicable in the United States (U.S.) and better facilitate cross-border offerings.
The Amendments come into force on November 28, 2025, or on the day it is filed with the Registrar of Regulations.
Effective Date: April 16, 2024. In Saskatchewan: April 22, 2024.
Effective Date: June 9, 2023. In Saskatchewan: June 20, 2023.
Effective Date: August 31, 2020. In Saskatchewan: August 31, 2020.
Effective Date: Saskatchewan March 9, 2001. Consolidated to August 13, 2013.
The Amendments introduce an expedited shelf prospectus regime for well-known seasoned issuers (WKSIs) in Canada. Specifically, the Amendments permit issuers that satisfy the qualification criteria and certain conditions to:
The Amendments are intended to foster capital formation by WKSIs in the Canadian public markets. Eligible reporting issuers will have more flexibility in structuring a base shelf prospectus offering, have improved certainty regarding transaction timing and be permitted to forgo certain requirements that do not, in this context, provide meaningful disclosure to investors. The Amendments will also more closely align the timing of Canadian prospectus filings with those applicable in the United States (U.S.) and better facilitate cross-border offerings.
The Amendments come into force on November 28, 2025, or on the day it is filed with the Registrar of Regulations.
Effective Date: June 9, 2023. In Saskatchewan: June 20, 2023.
Effective Date: August 31, 2020. In Saskatchewan: August 31, 2020.