{
 "as_of": "2026-11-06",
 "cmr": "ca-cm-kg/TSX/BLDP",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# Ballard Power Systems Inc. (TSX: BLDP) — research page\n\nAs of 2026-11-06 · ca-cm-kg · record version 1\n\n## Identity and listing\n\nBallard Power Systems Inc. is listed on the TSX under ticker BLDP. ISIN is not on the record (no ISIN found on issuer pages). LEI is 549300OHZ8BMF53YYS26. Security type is Corporate. Segment is not on the record. Sector is Clean Technology & Renewable Energy. Jurisdiction is British Columbia (CA-BC). Listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 26 filings in the twelve months from 2025-11-06 to 2026-11-06, across 23 filing days. Filings by type are 1 AGM record date, 8 financial statements and 17 newswire releases. The median gap between filing days is 8.5 days. The latest filing is dated 2026-11-05, a newswire release, 1 day before the record date of 2026-11-06. On the TSX the median cadence gap is 16 days, the median filing count is 0.0, and the median latency is 3.0 days across 2270 issuers. In the sector the median cadence gap is 18.5 days, the median filing count is 12 and the median latency is 8 days across 77 issuers.\n\n## Auditor\n\nThe auditor of record is not on the record (none found). Its location is not on the record. The record holds no auditor changes.\n\n## Events and halts\n\nThe record holds no listing, delisting, name change, domicile change or segment move events. The halt flag is listed, not halted.\n\n## Orderability\n\nUnder paragraph (o) of the definition the signal is ACM-200 and the outcome is determinable. Under paragraph (q) of the definition the signal is ACM-200 and the outcome is determinable. The rule version is acm-68000/ca/kyp-know-your-product-ni-31-103/r1, with the chapter as of 2026-11-04.\n\n## Coverage\n\nResearch house coverage has not been read.\n\n## Open research\n\nOpenly published research notes have not been read. The record holds no notes for this field.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed. No issuer years are sealed. The live record began on 2026-09-10. Years 2021 to 2026 are sealed in the store but not served as of a date, and the as-of door answers not_sealed.\n\n## Sources\n\n7 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.tsx.com/json/company-directory/search/tsx/^* (identity.exchange)\n- https://api.gleif.org/api/v1/lei-records/549300OHZ8BMF53YYS26 (identity.jurisdiction)\n- https://www.tsx.com/en/resource/571 (identity.sector)\n- https://mcp.ca-cm-kg.ai/events/TSX/BLDP (the disclosure lines)\n- https://iiroc.mediaroom.com/index.php?s=2429&l=100 (the halt flag)\n- https://mcp.ca-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://mcp.ca-cm-kg.ai/record/TSX/BLDP (the record)\n",
 "market": "CA",
 "node": "ca-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": "2026-09-10",
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "6 years are sealed in the CA store; their Replay split is not built, so the as-of door answers not_sealed and the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false,
   "store_years_sealed_not_served": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ]
  },
  "auditor": {
   "auditor": {
    "market": "CA",
    "reason": "none found",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "CA",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "CA",
    "state": "not_on_record"
   },
   "changes": []
  },
  "cmr": "ca-cm-kg/TSX/BLDP",
  "coverage": {
   "note": "the coverage field has not been read for this issuer",
   "state": "not_read"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 2270,
     "median_cadence_gap_days": 16,
     "median_filings": 0,
     "median_latency_days": 3,
     "name": "TSX"
    },
    "sector": {
     "issuers": 77,
     "median_cadence_gap_days": 18.5,
     "median_filings": 12,
     "median_latency_days": 8,
     "name": "Clean Technology & Renewable Energy"
    }
   },
   "by_type": {
    "agm_record_date": 1,
    "financial_statement": 8,
    "newswire_release": 17
   },
   "cadence_median_gap_days": 8.5,
   "filing_days": 23,
   "filings": 26,
   "latency_days": 1,
   "latest": [
    {
     "category": null,
     "date": "2026-11-05",
     "source": "https://www.newswire.ca/news-releases/ballard-fcmove-r-sc-fuel-cell-engine-makes-series-production-debut-in-next-generation-solaris-urbino-12-hydrogen-bus-823728154.html",
     "title": "Ballard FCmove®-SC fuel cell engine makes series-production debut in next-generation Solaris Urbino 12 hydrogen bus",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-10-28",
     "source": "https://www.prnewswire.com/news-releases/ballard-launches-hpu-agile-h-80kw-of-clean-power-in-a-lightweight-towable-unit-302921736.html",
     "title": "Ballard launches HPU Agile-H: 80kW of clean power in a lightweight, towable unit",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-10-28",
     "source": "https://www.newswire.ca/news-releases/ballard-launches-hpu-agile-h-80kw-of-clean-power-in-a-lightweight-towable-unit-845471957.html",
     "title": "Ballard launches HPU Agile-H: 80kW of clean power in a lightweight, towable unit",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-10-22",
     "source": "https://www.newswire.ca/news-releases/review-of-the-ballard-forum-853622983.html",
     "title": "Review of the Ballard Forum",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-10-21",
     "source": "https://www.prnewswire.com/news-releases/ballard-and-geopura-put-clean-energy-center-stage-in-a-hydrogen-powered-summer-of-music-and-sport-302915027.html",
     "title": "Ballard and GeoPura put clean energy center stage in a hydrogen-powered summer of music and sport",
     "type": "newswire_release"
    }
   ],
   "latest_filing_date": "2026-11-05",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.ca-cm-kg.ai/events/TSX/BLDP",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsx/^*",
    "state": "sourced",
    "value": "TSX"
   },
   "isin": {
    "market": "CA",
    "reason": "no ISIN found on issuer pages",
    "state": "not_on_record"
   },
   "jurisdiction": {
    "read_by": "GLEIF LEI record (LEI per the LEI column)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/549300OHZ8BMF53YYS26",
    "state": "sourced",
    "value": "British Columbia (CA-BC)"
   },
   "lei": {
    "read_by": "GLEIF name-exact",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/549300OHZ8BMF53YYS26",
    "state": "sourced",
    "value": "549300OHZ8BMF53YYS26"
   },
   "name": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsx/^*",
    "state": "sourced",
    "value": "Ballard Power Systems Inc."
   },
   "sector": {
    "read_by": "TMX listed-companies workbook (exchange list, monthly; data month named in the source column)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/en/resource/571 (tsx-and-amp-tsxv-listed-companies-2026-08-14-en.xlsx, data as of 31-Jul-2026)",
    "state": "sourced",
    "value": "Clean Technology & Renewable Energy"
   },
   "security_type": {
    "read_by": "TMX listed-companies workbook (exchange list, monthly; data month named in the source column)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/en/resource/571 (tsx-and-amp-tsxv-listed-companies-2026-08-14-en.xlsx, data as of 31-Jul-2026)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "market": "CA",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsx/^*",
    "state": "sourced",
    "value": "BLDP"
   },
   "website": {
    "market": "CA",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": [],
   "domicile_change": [],
   "listing": [],
   "name_change": [],
   "segment_move": []
  },
  "market": "CA",
  "node": "ca-cm-kg",
  "numbers_hash": "sha256:26b71da3bd9279195ba3e0e14dd59c142ebacf628d3fce94d60b3ec20d4222d4",
  "open_research": {
   "rows": [],
   "state": "not_read"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "Paragraph (o) of the definition",
    "Paragraph (q) of the definition"
   ],
   "outcomes": {
    "Paragraph (o) of the definition": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Paragraph (q) of the definition": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.ca-cm-kg.ai/book/aio.json",
    "door": "https://mcp.ca-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/ca/kyp-know-your-product-ni-31-103/r1",
   "section": "ca.aio.v11"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.ca-cm-kg.ai/record/TSX/BLDP",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-08",
   "source": "https://iiroc.mediaroom.com/index.php?s=2429&l=100",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:26b71da3bd9279195ba3e0e14dd59c142ebacf628d3fce94d60b3ec20d4222d4",
 "path": "/ca/TSX/BLDP",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "Ballard Power Systems Inc. is listed on the TSX under ticker BLDP. ISIN is not on the record (no ISIN found on issuer pages). LEI is 549300OHZ8BMF53YYS26. Security type is Corporate. Segment is not on the record. Sector is Clean Technology & Renewable Energy. Jurisdiction is British Columbia (CA-BC). Listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 26 filings in the twelve months from 2025-11-06 to 2026-11-06, across 23 filing days. Filings by type are 1 AGM record date, 8 financial statements and 17 newswire releases. The median gap between filing days is 8.5 days. The latest filing is dated 2026-11-05, a newswire release, 1 day before the record date of 2026-11-06. On the TSX the median cadence gap is 16 days, the median filing count is 0.0, and the median latency is 3.0 days across 2270 issuers. In the sector the median cadence gap is 18.5 days, the median filing count is 12 and the median latency is 8 days across 77 issuers.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record (none found). Its location is not on the record. The record holds no auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record holds no listing, delisting, name change, domicile change or segment move events. The halt flag is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "Under paragraph (o) of the definition the signal is ACM-200 and the outcome is determinable. Under paragraph (q) of the definition the signal is ACM-200 and the outcome is determinable. The rule version is acm-68000/ca/kyp-know-your-product-ni-31-103/r1, with the chapter as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "Research house coverage has not been read.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "Openly published research notes have not been read. The record holds no notes for this field.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed. No issuer years are sealed. The live record began on 2026-09-10. Years 2021 to 2026 are sealed in the store but not served as of a date, and the as-of door answers not_sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "7 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.tsx.com/json/company-directory/search/tsx/^*"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://api.gleif.org/api/v1/lei-records/549300OHZ8BMF53YYS26"
  },
  {
   "for": "identity.sector",
   "source": "https://www.tsx.com/en/resource/571"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.ca-cm-kg.ai/events/TSX/BLDP"
  },
  {
   "for": "the halt flag",
   "source": "https://iiroc.mediaroom.com/index.php?s=2429&l=100"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.ca-cm-kg.ai/book/aio.json"
  },
  {
   "for": "the record",
   "source": "https://mcp.ca-cm-kg.ai/record/TSX/BLDP"
  }
 ],
 "title": "Ballard Power Systems Inc. (BLDP) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}