This Note provides an overview of the information that constitutes forward-looking information and the related disclosure requirements applicable to forward-looking information. It also describes the statutory defence available under the Ontario Securities Act, R.S.O. 1990, c. S.5, against civil liability for misrepresentations in forward-looking information and summarizes related guidance provided by the Ontario Securities Commission and the Canadian Securities Administrators with respect to forward-looking information and the defence. This Note provides practical tips to assist reporting issuers and others in relation to the defence and related disclosure matters.