There are a variety of filing fees applicable to SEDAR+ filers:
Annual SEDAR+ and SEDI filing fees. These fees are for using the SEDAR+ and SEDI systems and are due when Annual Financial Statements are submitted to SEDAR+. These fees are based on a several variables; visit the CSA site to learn more about SEDAR+ annual fees.
Annual securities commission filing fees. An annual fee is applicable for each jurisdiction a filer reports to. Fees vary across jurisdictions. Securities commission filing fees are due when Annual Financial Statements are submitted via SEDAR+.
If an issuer reports to the Ontario Securities Commission (OSC) it must complete and submit with its Annual Financial Statements a Form 13-502 variant. This form determines the amount of fees payable to the OSC. These forms can be downloaded from the OSC web site.
If an issuer reports to the Alberta Securities Commission (ASC) it must complete and submit with its Annual Financial Statements a Form 13-501 variant. This form determines the amount of fees payable to the ASC. These forms can be downloaded from the ASC web site.
We provide a convenient fee estimation tool for annual filings on request or via our Compliance Management Portal.
Late filing fees. Certain SEDAR+ filings require a late fee to be transmitted when they are filed. These fees vary based on the filing type and the reporting jurisdictions. In legacy SEDAR, these fees could be paid after the initial filing had been made, however, in SEDAR+, the fees are due at the time of filing. There is no way to avoid paying late fees. Our team will contact you when the SEDAR+ system is asking for payment of late fees upon preparing your documents for submission and provide a detailed quote of the required fees. Similar to annual system and commission filing fees, late fees will need to be collected in advance of the filing being made.
Filing specific fees. Certain SEDAR+ filings require a fee to be transmitted when they are filed. These fees vary based on the filing type and the reporting jurisdictions.
The filer should contact Newsfile prior to the date of the filing to determine the total amount of fees owing. Additional fees may apply if submitting documents after your deadline date.
All fees are paid electronically from our bank account at the time of filing. The issuer must submit payment for the fees to Newsfile Corp. prior to the filing, by cheque, e-transfer, credit card, or wire transfer.
SEDAR+ funds are transferred out of our account at the time of filing. We cannot provide our clients with the large amounts of credit which fee billing would entail. Only in extraordinary circumstances will we advance our own funds.