CSA Staff Notice: 13-315 (Revised) - Securities Regulatory Authority Closed Dates 2010

CANADIAN SECURITIES ADMINISTRATORS' STAFF NOTICE 13-315 (REVISED)

SECURITIES REGULATORY AUTHORITY CLOSED DATES 2010{•}

We have a review system for prospectuses (including long form, short form and mutual fund prospectuses), prospectus amendments, pre-filings, and waiver applications. It is described in National Policy 11-202 - Process for Prospectus Reviews in Multiple Jurisdictions (NP 11-202).

Under NP 11-202, a filer that receives a receipt from the principal regulator will be deemed to have a receipt in each passport jurisdiction where the prospectus was filed. However, the principal regulator's receipt will only evidence that the OSC has issued a receipt if the OSC is open on the date of the principal regulator's receipt and has indicated that it is "clear for final". If the OSC is not open on the date of the principal regulator's receipt, the principal regulator will issue a second receipt that evidences that the OSC has issued a receipt on the next day that the OSC is open.

A dealer may solicit expressions of interest in a non-principal jurisdiction only after a receipt has been issued by that jurisdiction. In addition, an issuer may distribute its securities in the non-principal jurisdiction only at that time.

The following is a list of the closed dates of the securities regulatory authorities for 2010. These dates should be noted by issuers in structuring their affairs.

1. Saturdays and Sundays (all)

2. Friday January 1, 2010 (all)

3. Monday January 4 (QC)

4. Monday February 15 (AB, SK, MB, ON, PE)

5. Friday February 26 (YT)

6. Monday March 15 (NL)

7. Friday April 2 (all)

8. Monday April 5 (all except AB, SK, ON, NL)

9. Monday April 19 (NL)

10. Monday May 24 (all)

11. Monday June 21 (NT, NL)

12. Thursday June 24 (QC)

13. Thursday July 1 (all)

14. Friday July 2 (SK)

15. Friday July 9 (NU)

16. Monday July 12 (NL)

17. Monday August 2 (all except QC, NL, PE)

18. Wednesday August 4 (NL{••})

19. Monday August 16 (YT)

20. Friday August 20 (PE)

21. Monday September 6 (all)

22. Monday October 11 (all)

23. Thursday November 11 (all except AB, ON, QC)

24. Friday December 24 (QC, NT)

25. Friday December 24 after 12:00 p.m. (AB, MB, NB, NS, PE, YU); after 1:00 p.m. (BC)

26. Monday December 27 (all)

27. Tuesday December 28 (all)

28. Friday December 31 (QC, NT)

29. Friday December 31 after 12:00 p.m. (NB); after 1:00 p.m. (BC)

30. Monday January 3, 2011 (all)

31. Tuesday January 4, 2011 (QC)

February 19, 2010

{•} Bracketed information indicates those jurisdictions that are closed on the particular date.

{••} Weather permitting, otherwise observed on the first following acceptable weather day, such determination made on morning of holiday.