October 27, 2010

Staff Notice 51-333: Environmental Reporting Guidance

The purpose of this notice is to provide guidance to reporting issuers (other than investment funds) on existing continuous disclosure (CD) requirements relating to environmental matters under securities legislation.

This notice clarifies existing disclosure requirements relating to environmental matters and does not create any new legal requirements or modify existing ones. It is intended to assist issuers in: (1) determining what
information about environmental matters needs to be disclosed, and (2) enhancing or supplementing their disclosure regarding environmental matters, as necessary.

Environmental matters include a broad range of issues, including issues related to air, land, water and waste. This notice applies to all issuers but may be more relevant to certain issuers given their particular circumstances.