Staff Notices

Decision Information

Decision Content

2021-0003

August 11, 2021

National Day for Truth and Reconciliation

STAFF NOTICE TO APPLICANTS, LISTED ISSUERS, SECURITIES LAWYERS AND PARTICIPATING ORGANIZATIONS

Toronto Stock Exchange (“TSX”) is providing guidance with respect to the effect of National Day for Truth and Reconciliation on the settlement schedule and ex-distribution dates of trades.

The Canadian Government has recently passed Bill C-5 thereby creating a statutory holiday, National Day for Truth and Reconciliation, for employees in the federal government and federally regulated workplaces to be observed on September 30 of each year and to begin in 2021. TSX will be open for trading on National Day for Truth and Reconciliation and regular operating hours will be in effect. As this holiday is considered a non-settlement day, TSX is providing an updated settlement schedule for 2021 and operational considerations with respect to ex-distribution dates for trading days surrounding National Day for Truth and Reconciliation.

Settlement Schedule:

Trade Date

Old Settlement Date

New Settlement Date

September 28, 2021

September 30, 2021

October 1, 2021

September 29, 2021

October 1, 2021

October 4, 2021 

September 30, 2021

October 4, 2021

October 4, 2021

 

Ex-Distribution Dates:

Where listed issuers have declared distributions with record dates on September 30, 2021 or October 1, 2021 and as a result of the adjusted settlement schedule outlined above, this will result in modified ex-distribution dates as follows:

Record Date

Old Ex-Distribution Date

New Ex-Distribution Date

September 30, 2021

September 29, 2021

September 28, 2021

October 1, 2021

September 30, 2021 

September 29, 2021

 

If you have any questions about this Staff Notice, please contact your TSX Listed Issuer Services Manager. Contact information for your Listed Issuer Services Manager is available at: http://www.tsx.com/listings/tsx-and-tsxv-issuer-resources/tsx-issuer-resources/tsx-listings-staff.

 

 

 You are being directed to the most recent version of the statute which may not be the version considered at the time of the judgment.