SEDAR is an electronic filing system used by publicly traded companies in Canada to file financial reports and other regulatory documents with Canadian Securities Administrators (CSA).
SEDAR was established in 1997 by the Canadian Securities Administrators (CSA) and is operated and administered by CGI Information Systems and Management Consultants Inc.
It's important for entities to be aware of their obligations and to ensure that their filings are submitted on time to avoid penalties. Below are some of the SEDAR filing requirements.
SEDAR is used by Canadian public companies, investment funds, take-over bid circulars, reporting issuers, and other securities issuers to submit regulatory filings to the CSA.
SEDAR provides investors with access to public company filings, including financial statements, prospectus, MD&A, insider reports, annual information forms, and other disclosure documents.
The fees for filing documents on SEDAR depend on the type of document being filed and the jurisdiction in which the issuer is located. An average fees are $100 to $12,000.
SEDAR filing deadlines depend on type of document being filed and the regulatory requirements of the jurisdiction in which the issuer is located. Issuers should submitted on time to avoid penalties.