The Canadian Securities Administrators have published a notice dealing with reporting issuer defaults.

The regulators note that they have developed a harmonized list of deficiencies that will generally result in a reporting issuer being noted in default of the securities laws of a particular jurisdiction. The notice describes those various deficiencies.

Certain regulators also maintain lists that identify the issuers that have been noted in default in the relevant jurisdiction. The lists identify the name of the reporting issuer, and the nature and description of the default. The lists, together with the harmonized categories of default and nomenclature used to identify each category, can be found on the websites of the various regulators.