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I’m going to miss it.

I first used SEDAR (System for Electronic Document Analysis and Retrieval) in 2005.

SEDAR, for those who don’t know, houses all of the financial statements and news releases that publicly traded Canadian companies upload to the website.

So if you want to be the first to know about company financials and news – you need to use SEDAR – because most companies aren’t even reported on by major news outlets like BNN. Only the big ones.

In 2005, it was my Accounting 101 Professor who told our class about the archaic website, SEDAR, asking us to download any company’s latest annual financial statement of our choosing and then run some basic calculations (e.g. ROE, etc.).

SEDAR was originally launched on January 1, 1997 and for over 25 years, it was never updated. It looked old. That was the running joke.

Until now…

This week, SEDAR+ officially launched, replacing the old SEDAR website. My first impression? I miss the old SEDAR 😦

Joke’s on us!

It feels like they’ve taken the Bloomberg keyboard away from us old-timers who have grown accustomed to the original SEDAR, and replaced it with something that might look better.. but doesn’t function like we want it.

There’s no going back now.

Oh well!

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