52-112 - Non-GAAP and Other Financial Measures Disclosure (National Instrument)

52-112 - Non-GAAP and Other Financial Measures Disclosure (National Instrument)

• National Instrument 52-112 Non-GAAP and Other Financial Measures Disclosure

  Effective Date: Subject to Ministerial Approval – August 25, 2021.
  Note: Phased in transition period for certain sections.

  Requirements to address the disclosure surrounding non-GAAP financial measures, non-GAAP ratios, and other financial measures (i.e., capital management measures, supplementary financial measures, and total of segments measures.

  52_112_ni_may_27_2021.pdf
• Amendments to National Instrument 52-112

  Subject to ministerial approval, the Amendments will come into force in Saskatchewan on December 29, 2026.

  Further to a new IFRS Accounting Standard, IFRS 18 Presentation and Disclosure in Financial Statements, which requires disclosure of management-defined performance measures in a note to the financial statements, the amendments of National Instrument 52-112 Non-GAAP and Other Financial Measures Disclosure (NI 52-112) primarily seek to ensure that such measures, which have historically been subject to the requirements of NI 52-112, remain subject to its requirements.

  Further details can be found in the CSA Notice and its annexes. 

  52_112_ni_december_29_2026.pdf
• Amendments to National Instrument 52-112

  Effective Date: June 9, 2023. In Saskatchewan: June 20, 2023.

  52_112_ni_amendments_2023_03_23.pdf
• Companion Policy 52-112 Non-GAAP and Other Financial Measures Disclosure

  Effective Date: Subject to the effective date of National Instrument 52-112 Non-GAAP and Other Financial Measures Disclosure.

  52_112_cp_may_27_2021.pdf
• Changes to Companion Policy 52-112CP

  Subject to ministerial approval, the Amendments will come into force in Saskatchewan on December 29, 2026.

  Further to a new IFRS Accounting Standard, IFRS 18 Presentation and Disclosure in Financial Statements, which requires disclosure of management-defined performance measures in a note to the financial statements, the amendments of National Instrument 52-112 Non-GAAP and Other Financial Measures Disclosure (NI 52-112) primarily seek to ensure that such measures, which have historically been subject to the requirements of NI 52-112, remain subject to its requirements.

  Further details can be found in the CSA Notice and its annexes. 

  52_112_cp_december_29_2026.pdf
• Amendments to Companion Policy 52-112CP

  Effective Date: Subject to Ministerial approval – June 9, 2023.

  52_112_cp_amendments_2023_03_23.pdf