Notice of Ministerial Approval of Amendments to Implement an Access Model for Prospectuses, Generally, of Non-Investment Fund Reporting Issuers

NOTICE OF MINISTERIAL APPROVAL OF AMENDMENTS TO IMPLEMENT AN ACCESS MODEL FOR PROSPECTUSES, GENERALLY, OF NON-INVESTMENT FUND REPORTING ISSUERS

Ministerial Approval

On March 5, 2024, the Ontario Minister of Finance approved the following amendments made by the Ontario Securities Commission (the Commission) to implement an access model for prospectuses of non-investment fund reporting issuers:

• amendments to National Instrument 41-101 General Prospectus Requirements,

• amendments to National Instrument 44-101 Short Form Prospectus Distributions,

• amendments to National Instrument 44-102 Shelf Distributions, and

• amendments to National Instrument 44-103 Post-Receipt Pricing

(collectively, the Final Amendments).

In connection with the Final Amendments, the Commission has also made changes to:

• Companion Policy 41-101CP to National Instrument 41-101 General Prospectus Requirements,

• Companion Policy 44-102CP to National Instrument 44-102 Shelf Distributions,

• Companion Policy 44-103CP to National Instrument 44-103 Post-Receipt Pricing,

as well as related consequential changes to National Policy 47-201 Trading Securities Using the Internet and Other Electronic Means (collectively, the Final Changes).

The above material was published on January 11, 2024 in the Bulletin. See (2024), 47 OSCB 323.

The text of the Final Amendments and the Final Changes is published in Chapter B.5 of this Bulletin.

Effective Date

The Final Amendments and the Final Changes have an effective date of April 16, 2024.