SEDAR is the System for Electronic Document Analysis and Retrieval, the electronic filing system for the disclosure documents of public companies and investment funds across Canada.
All Canadian public companies and investment funds are generally required to file their documents in the SEDAR system. In addition, some third parties who are involved in public company transactions such as take-over bids or proxy contests may be required to file. CDS INC., a subsidiary of the Canadian Depository for Securities Limited, manages the SEDAR system on behalf of the Canadian Securities Administrators (CSA).
There are a variety of filing fees applicable to SEDAR filers:
All fees are paid electronically from M2 Compliance Canadian EDI bank account at the time of filing. The issuer must submit a WIRE in CANADIAN DOLLARS or issue a check for the total of all fees payable to M2 Compliance Incorporated prior to any filing. An invoice including our fees will be issued to the filer showing the disbursement of funds.XBRL Filings
SEDAR allows the use of voluntary XBRL filings. However, filings in XBRL cannot substitute regular SEDAR filings and must be submitted with regular annual SEDAR filings.SEDAR Resources
For questions concerning filing standards or requirements, please refer to the SEDAR Filing Manual.
SEDAR's hours of operation are Monday to Friday, 7am to 11pm ET; it is closed on all Canadian statutory holidays. Users of the SEDAR system can only perform such tasks such as submitting filings or downloading profiles during these hours. M2 Compliance production is available 24/7.