This Canadian Securities Administrators (CSA) Staff Notice provided guidance to issuers relating to the disclosure of non-GAAP financial measures.

The guidance contained in CSA Staff Notice 52-306 has been substantially incorporated into and will be superseded by National Instrument 52-112 - Non-GAAP and Other Financial Measures Disclosure (NI 52-112), which came into force on August 25, 2021, with application to disclosures for a financial year ending on or after October 15, 2021 (in the case of reporting issuers) and for filings after December 31, 2021 (in the case of issuers that are not reporting issuers).

For more information on NI 52-112, see Practice Note, Non-GAAP and Other Financial Measures Disclosure.