CSA Notice 44-302 - Replacement of National Instrument 44-101 Short Form Prospectus Distributions
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Notices / News Releases 1.1.2 CSA Notice 44-302 - Replacement of National Instrument 44-101 Short Form Prospectus Distributions CSA NOTICE 44-302 - REPLACEMENT OF NATIONAL INSTRUMENT 44-101 SHORT FORM PROSPECTUS DISTRIBUTIONS December 16, 2005 Introduction On October 21, 2005, the Canadian Securities Administrators (CSA), published a notice relating to the replacement of National Instrument 44-101 Short Form Prospectus Distributions (Former NI 44-101) which came into effect in December 2000 with National Instrument 44- 101 Short Form Prospectus Distributions (New NI 44-101). New NI 44-101 will come into force on December 30, 2005. Substance and Purpose New NI 44-101 modifies the qualification, disclosure and other requirements of the short form prospectus system so that this prospectus system can build on and be more consistent with recent developments and initiatives of the CSA. Transition Section 2.8(1) of New NI 44-101 requires issuers to file a one-time notice of intention to be qualified to file a short form prospectus (a qualification notice) at least 10 business days prior to filing its first preliminary short form prospectus under New NI 44-101. Section 2.8(4) grandfathers issuers which have a current AIF as defined in Former NI 44-101 as at December 29, 2005 by deeming such issuers to have filed a qualification notice on December 14, 2005 (which is 10 business days prior to implementation of New NI 44- 101). Therefore, grandfathered issuers which otherwise satisfy the New NI 44-101 qualification criteria may file a preliminary short form prospectus under New NI 44-101 on or after December 30, 2005. Attached as Appendix ‘A’ to this Notice is a list of issuers which, based on our information, have a current AIF as at December 9, 2005. An updated version of this list as at December 29, 2005 will be utilized by staff of the CSA and by CDS to reflect which issuers are deemed to have filed a qualification notice as at December 30, 2005. We request that issuers review the list to determine whether the attached list includes the issuer if the issuer will have a current AIF as at December 29, 2005; or the attached list does not include the issuer, if the issuer will not have a current AIF as at December 29, 2005. December 16, 2005 (2005) 28 OSCB 10043 Notices / News Releases Issuers which identify inaccuracies in the list are requested Ann Mankikar to: Supervisor, Financial Examiners Ontario Securities Commission • contact CSA staff in their notice regulator (416) 593-8281 (as defined in s. 2.8(3) of New NI 44- [email protected] 101); or Louise Allard • file a qualification notice as described Analyste en valeurs mobilières below, if the issuer is not on the list and Autorité des marchés financiers intends to be short form eligible; or (514) 395-0558 ext 4442 [email protected] • file a notice withdrawing their qualification notice (a withdrawal notice), if the issuer To-Linh Huynh is on the list and does not intend to be Corporate Finance Officer short form eligible under New NI 44-101. New Brunswick Securities Commission (506) 643-7695 Filing of qualification notice or withdrawal notice on [email protected] SEDAR under New NI 44-101 Donna Gouthro Issuers may file a qualification notice or a withdrawal notice Securities Analyst at any time on or after December 30, 2005. The Nova Scotia Securities Commission qualification notice should be in substantially the form of (902) 424-7077 Appendix A to New NI 44-101. There is no prescribed form [email protected] of withdrawal notice. The CSA anticipates the changes to SEDAR for these filings will be completed in March 2006. During the transition period, issuers are required to file their qualification notice or withdrawal notice in SEDAR under the Continuous Disclosure category, filing type “Other Filings”, filing sub-type “Other”. The naming convention for the qualification notice is “Notice of Intent to Qualify – NI 44-101” and for the withdrawal notice is “Notice of Withdrawal – NI 44-101”. These notices are only required to be filed with the issuer’s notice regulator as defined in s.2.8(3) of New NI 44-101, although an issuer may file the notice with all regulators. Access to these documents should be public. Hence, upon filing the Notice the filer is required to contact the Notice Regulator to have the access changed from “Private” to “Public”. Questions Please refer your questions to any of the following: April Penn Supervisor , Financial & Insider Reporting British Columbia Securities Commission (604) 899-6805 [email protected] Bola Opeodu Compliance Officer Alberta Securities Commission (403) 297-2489 [email protected] Wayne Bridgeman Senior Analyst Manitoba Securities Commission (204) 945-4905 [email protected] December 16, 2005 (2005) 28 OSCB 10044 Notices / News Releases APPENDIX A 57. Ballard Power Systems Inc. 58. Bank of Montreal LIST OF ISSUERS WITH A “CURRENT AIF” AS AT 59. Bank of Nova Scotia, The DECEMBER 29, 2005 60. Barrick Gold Corporation 61. Baytex Energy Trust Issuer Names 62. BCE Inc. 63. Bell Canada 1. 180 Connect Inc. 64. Bell Nordiq Group Inc. 2. 407 International Inc. 65. Bell Nordiq Income Fund 3. A&W Revenue Royalties Income Fund 66. Bema Gold Corporation 4. Aastra Technologies Limited 67. Bennett Environmental Inc. 5. Aber Diamond Corporation 68. BFI Canada Income Fund 6. Abitibi-Consolidated Inc. 69. Biomira Inc. 7. Acclaim Energy Trust 70. BioMS Medical Corp. 8. ACE Aviation Holdings Inc. 71. Bioscrypt Inc. 9. ACS Media Income Fund 72. Biovail Corporation 10. Adastra Minerals Inc. 73. Birch Mountain Resources Ltd. 11. ADF Group Inc. 74. BlackRock Ventures Inc 12. Adherex Technologies Inc. 75. Blue Mountain Energy Ltd. 13. Advanced Fiber Technologies (AFT) Income Fund 76. BNN Split Corp. 14. Advantage Energy Income Fund 77. Boardwalk Real Estate Investment Trust 15. Aecon Group Inc. 78. Bolivar Gold Corp. 16. Aeterna Zentaris Inc. 79. Bombardier Inc. 17. AGF Management Limited 80. Bonavista Energy Trust 18. Agnico-Eagle Mines Limited 81. Bonterra Energy Income Trust 19. Agricore United 82. Boralex Inc. 20. Agrium Inc. 83. Boralex Power Income Fund 21. Alamos Gold Inc. 84. Borealis Infrastructure Trust 22. Alcan Inc. 85. Bow Valley Energy Ltd. 23. Alexis Nihon Real Estate Investment Trust 86. BPO Properties Ltd. 24. Algoma Steel Inc. 87. Breakwater Resources Ltd. 25. Algonquin Credit Card Trust 88. Brick Group Income Fund, The 26. Algonquin Power Income Fund 89. Broadway Credit Card Trust 27. Aliant Inc. 90. Brookfield Asset Management Inc. 28. Aliant Telecom Inc. 91. Brookfield Properties Corporation 29. Alimentation Couche-Tard Inc. 92. Burmis Energy Inc. 30. Allen-Vanguard Corporation 93. CAE Inc. 31. Alliance Atlantis Communications Inc. 94. Caisse centrale Desjardins 32. Allied Properties Real Estate Investment Trust 95. Calfrac Well Services Ltd. 33. AltaGas Income Trust 96. Calian Technologies Ltd. 34. Altalink, L.P. 97. Calloway Real Estate Investment Trust 35. Amtelecom Income Fund 98. Calpine Power Income Fund 36. Angiotech Pharmaceuticals, Inc. 99. Cambior Inc. 37. AnorMED Inc. 100. Cameco Corporation 38. Antrim Energy Inc. 101. Canaccord Capital Inc. 39. Apollo Gold Corporation 102. Canada Life Financial Corporation 40. ARC Energy Trust 103. Canada Mortgage Acceptance Corporation 41. Arctic Glacier Income Fund 104. Canadian Apartment Properties Real Estate 42. ART Advanced Research Technologies Inc. Investment Trust 43. Associated Brands Income Fund 105. Canadian Capital Auto Receivables Asset Trust 44. Astral Media Inc. 106. Canadian General Investments, Limited 45. ATCO Ltd. 107. Canadian Hotel Income Properties Real Estate 46. ATI Technologies Inc. Investment Trust 47. Atlantic Power Corporation 108. Canadian Hydro Developers, Inc. 48. Atlas Cold Storage Income Trust 109. Canadian Imperial Bank of Commerce 49. Atlas Energy Ltd. 110. Canadian National Railway Company 50. ATS Automation Tooling Systems Inc. 111. Canadian Natural Resources Limited 51. Aur Resources Inc. 112. Canadian Oil Sands Trust 52. Aurizon Mines Ltd. 113. Canadian Pacific Railway Company 53. Avenir Diversified Income Trust 114. Canadian Pacific Railway Limited 54. Axcan Pharma Inc. 115. Canadian Real Estate Investment Trust 55. Azure Dynamics Corporation 116. Canadian Revolving Auto Floorplan Trust 56. Badger Income Fund 117. Canadian Spirit Resources Inc. December 16, 2005 (2005) 28 OSCB 10045 Notices / News Releases 118. Canadian Superior Energy Inc. 177. Consumers' Waterheater Income Fund, The 119. Canadian Tire Corporation, Limited 178. Contrans Income Fund 120. Canadian Utilities Limited 179. CoolBrands International Inc. 121. Canadian Western Bank 180. Corriente Resources Inc. 122. Canam Group Inc. 181. Corus Entertainment Inc. 123. Canfor Corporation 182. Cott Corporation 124. Canico Resource Corp. 183. Counsel Corporation 125. CanWest Global Communications Corp. 184. Countryside Power Income Fund 126. Capital Desjardins Inc. 185. CP Ships Limited 127. Capital Régional et coopératif Desjardins 186. Credit Union Central of British Columbia 128. Capitol Energy Resources Ltd. (formerly Cell-Loc 187. Crescent Point Energy Trust Inc.) 188. Crew Energy Inc. 129. Cardero Resources Corp. 189. CryoCath Technologies Inc. 130. Cardiome Pharma Corp. 190. CryptoLogic Inc. 131. CARDS II Trust 191. Crystallex International Corporation 132. Caribbean Utilities Company, Ltd. 192. CSI Wireless Inc. 133. Cascades Inc. 193. CU Inc. 134. Caspian Energy Inc. 194. Cumberland Resources Ltd. 135. Catalyst Paper Corporation (formerly Norske Skog 195. Custom Direct Income Fund Canada Limited) 196. Cymat Corp. 136. Caterpillar Financial Services Limited 197. Cyries Energy Inc. 137. Cathedral Energy Services Income Trust 198. DaimlerChrysler Canada Finance Inc. 138. CCL Industries Inc. 199. DALSA Corporation 139. CCS Income Trust 200. DataMirror Corporation 140. Celestica Inc. 201. Davis + Henderson Income Fund 141. Celtic Exploration Ltd. 202. Daylight Energy Trust 142. Centerra Gold Inc. 203. Deer Creek Energy Limited 143.