IR Leader
November 25, 2025
Thank you for your membership and support of the Canadian Investor Relations Institute (CIRI). CIRI membership offers you many opportunities to engage with an open and wlecoming community of IR peers and service providers.

As a friendly reminder, your membership will expire on December 31, 2025. Your 2026 membership renewal statement is now available online. When you renew today, you will maintain uninterrupted access to your benefits. Stay informed on the latest investor relations information and be connected with your peers. CIRI’s membership benefits include:
  • Specialized Professional Development workshops and seminars
  • Engaging Networking events with investor relations professionals
  • Trusted Resources, guides, publications and an IR e-Library to improve your IR program
  • CIRI Member Perks, offering discounts and savings from hotel, mobility and travel providers
  • …and much more!

To renew your membership, please visit CIRI.org and Sign In using your email address as your username. Click on your name at the top of the website, in the middle, and select My Account. Click on the Renew Now button on the left, and you will be taken to your open statement, where you can complete the payment. Your renewal is complete once you receive an email from CIRI with your order confirmation.

We look forward to serving you in 2026!
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Here are just a few of the many great reasons to update your profile today:

  • Your current email address will ensure timely delivery of CIRI benefits, including CIRI publications, research and Issues Alerts;
  • These benefits keep you up to date on emerging trends, best practices and issues impacting IROs; and
  • Help your peers by adding your name to CIRI's Volunteer Advisory Network (VAN) to offer your expertise. 

Make sure we know how to reach you and, if you've achieved the CPIR designation, be sure to include it. Log on to CIRI.org and update your profile today!

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Top Stories

SEC Chair to Target Proxy Advisors, Investors Over “Weaponization of Shareholder Proposals”

The U.S. Securities and Exchange Commission (SEC) will examine and propose actions focused on the role of proxy advisory firms and large institutional investors’ influence over the shareholder voting process, in order to tackle “the abuse of the corporate governance system and weaponization of shareholder proposals by politicized shareholder activists,” according to comments by SEC Chair Paul Atkins.

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CSA Launches Consultation on Proposed Amendments to Non-GAAP and Other Financial Measures Disclosure

The Canadian Securities Administrators (CSA) has published a Notice and Request for Comment for proposed amendments and changes to National Instrument 52-112 Non-GAAP and Other Financial Measures Disclosure (NI 52-112) and other materials (together, the Proposed Amendments).

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Australia's Anti-Greenwashing Law Offers a Model for Canada

Australian regulators have developed the kind of clear guidance on greenwashing that Canadian firms need.

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Torys on Budget 2025: The Climate Competitiveness Strategy

Central to the 2025 Federal Budget was a climate competitiveness strategy—a roadmap for Canada’s bid to become a “clean energy superpower”. The strategy focuses on refining Canada’s industrial carbon pricing system, extending investment incentives for clean technologies and improving regulatory clarity through both revisions to existing frameworks and the introduction of new ones.

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Semi-Annual Reporting Moves From Concept To Pilot: What Venture Issuers Need To Know

October 23, 2025 marked the next step in Canada's shift toward semi-annual reporting. Building on the themes we explored in our September Cassels Comment, the Canadian Securities Administrators (CSA) have published a proposed, multi-year pilot project (the SAR Pilot) that would permit certain venture issuers to voluntarily adopt semi-annual financial reporting through Coordinated Blanket Order 51-933 – Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers (Blanket Order). This development follows the CSA's earlier indication that it was considering alternatives to quarterly financial reporting and represents a potential significant change to Canada's disclosure framework.

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The Red Glare: Watching the Impact in Canada of ESG Changes in the United States -- Proxy Voting Changes

In response to regulatory pressures in the US and shifting stewardship priorities among their clients including in respect of ESG matters, in October 2025, both Glass, Lewis & Co. (Glass Lewis) and Institutional Shareholder Services Inc. (ISS) announced a shift in their global proxy voting policies away from standardized benchmark proxy voting recommendations to customized recommendations tailored to each investor’s priorities, including in respect of DEI and environmental matters.

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ISSB to Develop Standards for Nature-Related Reporting

The IFRS Foundation’s International Sustainability Standards Board (ISSB) announced that it will begin work on standard setting for disclosure requirements on nature-related risks and opportunities, with plans to have an initial draft released by late next year.

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