Reports and DisclosureIndex

Reports and Disclosure explains what continuous disclosure means for a reporting issuer, in plain language, and gathers what each entity has published, or will publish once it exists.

Start here: Continuous Disclosure and Wiki Publication

Where to start

Fifteen articles sit in this category: nine explain a disclosure obligation, two describe the communication channels, and one covers each vehicle. These five are the shortest route through all three groups. They cover what the regime requires, where filings land, what forces immediate news, and the one entity filing today.

• Continuous disclosure and wiki publication — The NI 51-102 regime planned to bind Woodfine upon effectiveness of its planned prospectus offering. It also sets out why articles on this wiki are treated as disclosure-eligible.
• Filing systems — SEDAR+, where every required filing is lodged and searchable without charge. The most-cited article in this category.
• Material change reporting — The most time-sensitive obligation in the regime: a material change is disclosed the same day, not at the next scheduled filing.
• Press releases and material change reports — The real-time channel Woodfine plans to use for material changes. No release has been issued to date.
• Canada — Professional Centres Canada LP, the one established vehicle, and what it files with the British Columbia Securities Commission.

How disclosure works

Continuous disclosure is the ongoing set of filings a reporting issuer makes after an offering closes, not a one-time event at closing. Woodfine Capital Projects Inc. is not a reporting issuer today; it intends to become one once its planned prospectus offering takes effect. The nine articles below explain each disclosure obligation this framework requires in plain language — what is filed, on what schedule, and under which National Instrument.

• Continuous disclosure and wiki publication — NI 51-102 reporting requirements applicable to Woodfine Capital Projects Inc., including MD&A, material change reports, and electronic filing under CSA National Policy 11-201; the annual information form applies only to non-venture issuers.
• Continuous disclosure obligations — The ongoing disclosure obligations of a reporting issuer under NI 51-102: annual financial statements, an annual information form for non-venture issuers, interim statements, MD&A, and material change reports.
• Regulatory posture — Woodfine Capital Projects Inc. applies a continuous-disclosure posture aligned with NI 51-102 and CSA National Policy 11-201, under the British Columbia Securities Commission as principal regulator, in advance of its planned prospectus offering; all public materials are treated as reviewable under this regime.
• Annual reporting cycle — Annual disclosure obligations of a Canadian reporting issuer: audited IFRS financial statements and MD&A due within 90 or 120 days of fiscal year-end depending on venture-issuer status; the Annual Information Form applies only to non-venture issuers.
• Quarterly reporting — Interim reporting under NI 51-102: condensed IAS 34 financial statements and quarterly MD&A due within 45 days of each of the first three fiscal quarter-ends.
• Financial reporting — Periodic financial disclosures Woodfine Capital Projects Inc. intends to file as a reporting issuer under NI 51-102 upon effectiveness of its planned prospectus offering.
• Material change reporting — The mechanics of material change reporting under NI 51-102 Part 7: what constitutes a material change, the two-step press release plus MCR filing process, and the standard for timely disclosure.
• Insider reporting — The mechanics of insider reporting under National Instrument 55-104: who qualifies as a reporting insider, what transactions trigger a filing obligation, the SEDI electronic filing system, and the ten- and five-day windows within which initial and subsequent reports must be filed.
• Filing systems — Filing platform operated by the CSA for public dissemination of continuous disclosure documents, covering document categories, XBRL format rules, and NI 52-109 certification.

Company communications

Once Woodfine Capital Projects Inc. begins operating as a reporting issuer, it plans to communicate through two channels. The first is an immediate press release for any material change. The second is a periodic record of shareholder meetings, investor presentations, and industry conference appearances. Neither channel exists yet — the two articles below describe what each is intended to carry once the program is in place.

• Press releases and material change reports — Planned real-time disclosure channel for material changes: immediate press release, Form 51-102F3 filing on SEDAR+ within ten days, and forward-looking statement standards.
• Events and presentations — Planned record of shareholder meetings, investor presentations, and industry conference appearances, with archived materials and advance notice of forthcoming events once this program is in place.

Vehicle disclosure

Each Direct-Hold Solution gets its own page here, reserved for what that specific vehicle actually publishes. Professional Centres Canada LP is the one vehicle established today, so its page is the only one with real content. The pages for the planned United States, Spain, and Mexico vehicles hold a placeholder until each is established and begins disclosing.

• Canada — What Professional Centres Canada LP publishes to this page.
• United States — What Professional Centres United States LP will publish to this page, once established.
• Spain — What Professional Centres Spain SOCIMI will publish to this page, once established.
• Mexico — What Professional Centres Mexico FIBRA will publish to this page, once established.

See also

• Four-Jurisdiction Framework