News Releases

CSA Publishes Staff Notice Outlining Local Exemptions

Sep 09, 2005

On September 14, 2005 the Canadian Securities Administrators (CSA) will implement National Instrument 45-106 Prospectus and Registration Exemptions.  Although this Instrument consolidates and harmonizes most of the prospectus and registration exemptions currently available in Canadian jurisdictions, there remains a number of local exemptions.  For ease of reference, these local exemptions are listed in CSA Staff Notice 45-304 Notice of Local Exemptions posted on the CSA website at


Please refer to the CSA Staff Notice and Appendices for a list of local exemptions available by jurisdiction. 


The CSA, the council of the securities regulators of Canada's provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.