TSX announced amendments to Listing Fee Schedule effective January 1, 2009
Following its annual review of its Listing Fee Schedule, the TSX has made certain adjustments to its listing fees effective January 1, 2009. The fee review included a consideration of the difficult market environment currently facing many TSX-listed issuers and the need to be competitive with other major exchanges.
The amendments to the Listing Fee Schedule include changes to:
- the base and maximum sustaining fees for corporate issuers (variable fee rates remain unchanged);
- the fees payable for corporate reorganisations, which includes income trust conversions; and
- the maximum fees payable for security-based compensation arrangements (minimum fees and the variable fee rates remain unchanged).
Original listing and additional listing fees (other than for security-based compensation arrangements) remain unchanged.
As the revised Listing Fee Schedule will be effective as of January 1, 2009, the new listing fees will apply to applications, transactions and notices filed on or after January 1, 2009.
