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The Voice of Canada’s Investment Funds Industry

COVID-19: Investment fund industry updates

IFIC has created this page as part of our ongoing commitment to providing members with accurate and timely information that affects their businesses. This page includes important regulatory updates, and we will continue to update it as new developments occur. We encourage members to check back regularly.

IFIC and CFIQ are Fully Operational

While the IFIC and CFIQ offices are closed, staff members have full functionality and are able to manage all IFIC/CFIQ matters remotely. IFIC/CFIQ Committee meetings will proceed as scheduled via conference call. Please don’t hesitate to contact us at

  • May 20, 2020 – CSA provides blanket relief extending certain filing, delivery and prospectus renewal obligations for period June 2, 2020-Sept. 30, 2020
  • May 15, 2020 – Electronic Designation of Beneficiaries for Registered Plans in Ontario; Retraite Québec updates its Q&A
  • April 28, 2020 – Retraite Québec publishes Q&A
  • April 22, 2020 – MFDA Summarizes COVID-19 Programs
  • April 17, 2020 – CSA Relief on Short-Term Borrowing Limits for Mutual Funds Investing in Fixed income
  • April 16, 2020 – Deferral of IIROC Fees; CSA Provides Additional Time to Implement Client Focused Reforms; Bank of Canada Announces Corporate Bond Buying Program
  • April 15, 2020 – Updated FATCA and CRS Reporting Deadlines
  • April 9, 2020 – CSA and IIROC Joint Statement on Recent Canadian Markets Volatility; CSA Update on Changes to Regulatory Work
  • April 1, 2020 – Trust Reporting Deadlines
  • March 31, 2020 – COVID-19 Related Exemptions to IIROC Rules; CRA Publishes RRIF Q&A; IIROC Issues Cybersecurity Guidance
  • March 30, 2020 – RRIF Update; CRS/FATCA Reporting Deadline Update; AMF FAQ; CSF Q&A
  • March 27, 2020 – Cybercriminals Exploiting COVID-19; OPC Issues Guidance on Privacy and COVID-19
  • March 24, 2020 – Ontario and Quebec Closure of Non-Essential Workplaces; CSA Provides Blanket Exemptions for Investment Fund Reporting Issuers
  • March 20, 2020 – Government Filing Deadlines; RRIF Minimum Payment Changes for 2020; Questions Regarding Corporations and Partnerships
  • March 19, 2020 – CSA Announces Additional COVID-19 Measures; SRO COVID-19 Measures; IFIC Rapid Response Meeting; TMX Update on Trading