Does a reporting issuer that is a subsidiary entity and exempt from paying fees need to file a participation fee form?
Yes. Each year the company should verify if the company has more than 90 percent of both net assets and gross revenues of the parent, or if the subsidiary is entitled to rely on an exemption or waiver from the requirement. These calculations should be submitted through SEDAR+ using the Subsidiary Exemption Notice Form 13-501F6 or Form 13-502F6.