13-311 - Changes to SEDAR Annual Filing Service Charges [CSA Staff Notice - Rescinded]
| Published Date: | 2003-04-11 |
|---|---|
| Effective Date: | 2003-04-11 |
| Rescinded Date: | 2003-03-03 |
| Document(s): |
Please refer to the following table of annual filing service charges and explanation below for timing of payments and amounts payable in 2003. The charges listed do not include taxes. However, applicable taxes are payable on these charges and the amount will vary, depending on the jurisdiction.
Breakdown of SEDAR Annual Filing Service Charges for Continuous Disclosure for the Year 2003
1 Type of Issuer | 2 SEDAR Annual Charges $ | 3 SEDI Annual Charges $ (241 days in 2003)(a) | 4 Total of (2)+(3) Charges $ for 2003 | Paid in SEDAR $ |
 | | | | 5 AFS(b)6 AIF(b)7 Total (5)+(6) |
| Single Jurisdiction | 455.00 | 165.00 | 620.00 | 620.00-620.00 |
| Multi-Jurisdiction | 845.00 | 495.00 | 1,340.00 | 1,340.00-1,340.00 |
| Single Jurisdiction and Short Form Prospectus | 455.00 | 1,650.00 | 2,105.00 | 620.001,485.002,105.00 |
| Multi-Jurisdiction and Short Form Prospectus | 845.00 | 1,650.00 | 2,495.00 | 1,340.001,155.002,495.00 |
(a) For 2003, the portion of the SEDAR annual filing service charges that relate to SEDI will cover 241 days (the number of days in 2003 that SEDI will be operational after it is launched on May 5, 2003). Fees for each subsequent year will cover 365 days. Fees for 2004 will be described in a subscriber update and CSA notice late in 2003.
(b) The timing and amount of the increases in the SEDAR annual filing service charges will vary, depending on the type of SEDI issuer. For example, single and multi-jurisdiction issuers (which are not short form prospectus issuers) will be required to pay the increased annual filing service charges upon the filing of their annual financial statements (“AFS”) whereas short form prospectus issuers (including both single and multi-jurisdiction issuers) will be required to pay part of the increase upon filing their AFS and the remaining amount upon filing their annual information form (“AIF”).
For SEDI issuers who filed their AFS and/or AIF between January 1 and May 11, 2003 and paid the annual filing service charges electronically at that time, CDS INC. will send an invoice to the SEDAR filing service subscriber(s) who filed the AFS and/or AIF, for the SEDI Annual Charges for 2003 as described in column 3 of the table. For SEDI issuers who filed an initial filer profile in SEDAR between January 1 and May 11, 2003 and did not file AFS or an AIF during that same period, CDS INC. will send an invoice to that SEDI issuer for the SEDI Annual Charges for 2003 as described in column 3 of the table. The amount is payable to CDS INC. upon receipt of the invoice.
Questions may be referred to any of:
April Penn
Supervisor, Financial Reporting
British Columbia Securities Commission
(604) 899-6805
apenn@bcsc.bc.ca
Heather Krywulak
Securities Analyst
Alberta Securities Commission
(403) 297-2098
heather.krywulak@seccom.ab.ca
Wayne Bridgeman
Senior Analyst, Corporate Finance
Manitoba Securities Commission
(204) 945-4905
wbridgeman@gov.mb.ca
Lisa Blackburn
Accountant, Continuous Disclosure
Corporate Finance
Ontario Securities Commission
(416) 595-8922
lblackburn@osc.gov.on.ca
Danielle Boudreau
Analyste, Marchés des capitaux
Commission des valeurs mobilières du Québec
(514) 940-2199, poste. 4428
danielle.boudreau@cvmq.com
April 11, 2003