Reports of Exempt Distribution

Issuers and underwriters who rely on certain prospectus exemptions to distribute securities are required to file a report of exempt distribution.

New Report (in force as of June 30, 2016)

Form 45-106F1 Report of Exempt Distribution (Form 45-106F1) came into force in all CSA jurisdictions on June 30, 2016.

  • New Report [English]
  • New Report - PDF fillable form [English]

    [Please note that the official versions of the New Report and the Schedule 1 and 2 Templates in Québec are available on the Autorité des marchés financiers website.]  

Schedules 1 and 2 of the New Report must be filed using the following templates developed by the CSA:

For more information on the New Report, including guidance on completing, filing and transitioning to the New Report, see:

  • CSA Notice of Amendments to National Instrument 45-106 Prospectus Exemptions relating to Reports of Exempt Distribution – April 7, 2016
  • CSA Staff Notice 45-308 (Revised) Guidance for Preparing and Filing Reports of Exempt Distribution under National Instrument 45-106 Prospectus Exemptions – September 29, 2016
  • Multilateral CSA Staff Notice 13-323 Frequently Asked Questions About Making Exempt Market Offering and Disclosure Filings on SEDAR – April 21, 2016 

[These documents are available on various CSA members’ websites]

New contact information for the public official in the local jurisdiction that can answer questions about the securities regulatory authority's or regulator's indirect collection and use of personal information

We have updated the contact information for the securities regulatory authority or regulator in the local jurisdiction(s) where the report is filed, referenced in Notice – Collection and use of personal information on page 11 of Form 45-106F1 Report of Exempt Distribution (the Form), and listed at the end of the Form, to provide contact information for the public official in the local jurisdiction that can answer questions about the securities regulatory authority's or regulator's indirect collection and use of personal information.

  • New contact information for the public official in the local jurisdiction that can answer questions about the securities regulatory authority's or regulator's indirect collection and use of personal information. [English]

Prior Reports (in force before June 30, 2016)

Before June 30, 2016, in all CSA jurisdictions except British Columbia, the form of report was Form 45-106F1 (Prior Form 45-106F1).

Schedule 1 of Prior Form 45-106F1 could be filed using this Schedule 1 Template.

  • Prior Schedule 1 Template [English]

Before June 30, 2016, in British Columbia, the form of report was Form 45-106F6 Report of Exempt Distribution (Form 45-106F6).

On June 30, 2016, Prior Form 45-106F1 and Form 45-106F6 were replaced with the New Report.

Report for Start-Up Crowdfunding Prospectus Exemption

The Start-Up Crowdfunding Prospectus Exemption is available in British Columbia, Saskatchewan, Manitoba, Québec, New Brunswick and Nova Scotia.

Issuers that rely on this exemption in Saskatchewan, Manitoba, Québec, New Brunswick and Nova Scotia are required to file Form 5 – Start-Up Crowdfunding Report of Exempt Distribution (Form 5).

Form 5 (excluding Schedule 1) can be filed using the following PDF Fillable Form. As of June 30, 2016, Schedule 1 of Form 5 must be completed and filed using the Start-Up Crowdfunding Schedule 1 Template when filed on the System for Electronic Document Analysis and Retrieval (SEDAR).

  • Form 5 – Start-Up Crowdfunding Report of Exempt Distribution [English
  • Schedule 1 of Form 5 [English

Issuers that rely on this exemption in British Columbia are required to file the New Report as of June 30, 2016. Before June 30, 2016, issuers that relied on this exemption in British Columbia were required to file Form 45-106F6 .