Also called a quarterly report. The interim financial statements relating to one or more financial quarters, related notes, and if applicable, the auditor’s report or management’s report on the interim financial statements are required to filed on SEDAR+ in the jurisdictions where an issuer is a reporting issuer under Applicable Securities Laws in Canada. Reporting issuers must ask shareholders if they wish to receive a paper copy of such interim financial information under section 4.6 of National Instrument 51-102 — Continuous Disclosure Obligations (NI 51-102). If requested by a shareholder to do so, the interim financial information and related MD&A must be sent to the shareholder, subject to certain exceptions.

There is no specific requirement under Applicable Securities Laws in Canada to prepare, file or deliver an interim financial report, but it is common practice in Canada for management of a reporting issuer to prepare a document titled “Interim Financial Report” or similar containing:

This Interim Financial Report may be sent to shareholders, either to fulfill the requirement to deliver the interim financial information to them, or for informational or promotional purposes.

If such document is prepared and sent to shareholders, it is required to be filed on SEDAR+ in the jurisdictions where the issuer is a reporting issuer.

Reporting issuers usually deliver the interim financial report for the first quarter at the same time they send the proxy solicitation materials required to be delivered to their shareholders before holding an annual meeting of shareholders or it is made available to shareholders at that meeting.

The preparation and delivery of an Annual Report is more common than the preparation of an interim financial report in Canada.