Please note The default status of a reporting issuer shown on the list is as of the date of the last update indicated. More current information may be obtained by calling the Contact Centre at 416-593-8314 or 1-877-785-1555 (Toll Free).

Legend

1a.	Failure to file annual financial statements.
1b.	Failure to file interim financial statements.
1c.	Failure to file an annual or interim management’s discussion and analysis (MD&A) or annual or interim management report of fund performance (MRFP).
1d.	Failure to file an Annual Information Form (AIF).
1e.	Failure to file a certification of annual or interim filings required by Multilateral Instrument 52-109 Certification of Disclosure in Issuers’ Annual and Interim Filings (MI 52-109).
1f.	Failure to file required proxy materials or a required information circular.
1g.	Failure to file an issuer profile supplement on the System for Electronic Disclosure by Insiders (SEDI).
1h.	Failure to file a material change report.
1i.	Failure to provide a written update after filing a confidential report of a material change.
1j.	Failure to file a business acquisition report.
1k.	Failure to file annual oil and gas disclosure prescribed by National Instrument 51-101 Standards of Disclosure of Oil and Gas Activities (NI 51-101) or technical reports for a mineral project required under NI 43-101 Standards of Disclosure for Mineral Projects (NI 43-101).
1l.	Failure to file a mandatory news release.
1m.	Failure to file corporate governance disclosure as required by National Instrument 58-101 Disclosure of Corporate Governance Practices.
1n.	Failure to file audit committee disclosure as required by Multilateral Instrument 52-110 Audit Committees or BC Instrument 52-509 Audit Committees.
1o.	Failure to include disclosure in an issuer’s MD&A relating to disclosure controls and procedures and their effectiveness that is referred to in a certificate filed under MI 52-109.
2a.	Financial statements of the reporting issuer, or the auditors’ report accompanying the financial statements, do not comply with the requirements of NI 51-102 Continuous Disclosure Obligations (NI 51-102), National Instrument 81-106 Investment Fund Continuous Disclosure (NI 81-106) or National Instrument 52-107 Acceptable Accounting Principles, Auditing Standards and Reporting Currency.
2b.	The reporting issuer has acknowledged that its financial statements, or the auditors’ report accompanying the financial statements, may no longer be relied upon.
2c.	The reporting issuer’s AIF, MD&A, MRFP, information circular, or business acquisition reports do not contain information for each of the content items required by NI 51-102 or NI 81-106.
2d.	The reporting issuer’s technical disclosure or other reports do not comply with the disclosure requirements of NI 43-101 or NI 51-101.
3.	Failure to pay a fee required by the Act or the regulations.
4.	Failure to comply with any other requirement related to continuous disclosure.

Interested users may wish to review OSC Policy 57-603 "Defaults by Reporting Issuers in Complying with Financial Statement Filing Requirements" for more information about the Commission's current approach to responding to financial statement filing defaults, as well as OSC Policy 51-601 "Reporting Issuer Defaults".

The Reporting Issuer List is generally updated everyday.

Reporting Issuers subject to Cease Trade Order:

The notation "Cease Traded" beside the name of the reporting issuer indicates that the securities of the issuer are subject to a Cease Trade Order issued by the Commission under paragraph 2 of subsection 127(1) of the Act, as at the date of the list. Securities that are subject to a Cease Trade Order of the Commission may not be traded in Ontario. To the right of the notation "Cease Traded" is the date the order was made by the Commission.


This list does not show Management and Insider Cease Trade Orders issued by the commission. Weekly notification of Management and Insider Cease Trade Orders is published in Chapter 4 of the OSC Bulletin. For companies that have management or insiders subject to Management and Insider Cease Trade Orders, please click here.

Users are cautioned that although every effort is made to ensure the list is complete and accurate, a reporting issuer may be in default and be subject to a Management and Insider Cease Trade Order, but that order will NOT be shown on the list. For additional information about Management and Insider Cease Trade Orders, users should review OSC Policy 57-603 and CSA Staff Notice 57-303 Frequently Asked Questions.

Additional information may be obtained from the following sources:

by calling the OSC Contact Centre at 416-593-8314 or toll-free 1-877-785-1555

by reviewing the record of filings of the reporting issuer on SEDAR

by contacting the reporting issuer directly.

by reviewing publication of Cease Trade Orders (including Management and Insider Cease Trade Orders) in Chapter 4 of the OSC Bulletin

copies of Cease Trade Orders issued by the Commission may be obtained from the OSC: Address Ontario Securities Commission Inquiries & Contact Centre 20 Queen Street West, Suite 1903 Toronto ON M5H 3S8 Phone (416) 593-8314 1-877-785-1555 (Toll-Free) Fax (416) 593-8122 E-mail inquiries@osc.gov.on.ca Website www.osc.gov.on.ca