Big Shoes to Fill: Succeeding an IR Legend LEAD ARTICLE In January, Bevin Wirzba joined ARC Resources, Ltd. as Senior Vice President of Business Development and Capital Markets – a little more than six months before well-known IRO David Carey was scheduled to retire. Carey was such an iconic figure in the IR field that his name is used to illustrate how to search the member directory on the CIRI website. | Read Article |
Change is Occurring: Are You Ready? INVESTMENT COMMUNITY PERSPECTIVE Depending on the industry in which you work, the emerging importance of ESG (Environmental, Social and Governance) issues has either been a slow evolution or has blown into town like a hurricane. For businesses where it has been the latter, the dramatic impact of external pressures likely has everyone in every industry looking both inward and outward wondering: could these shifting winds impact our business in the future and if so, how? | Read Article |
Whistleblower Protection Under Ontario’s Whistleblower Program SECURITIES REGULATION AND IR On July 14, 2016, the Ontario Securities Commission (the "OSC") launched the first paid whistleblower program by a securities regulatory authority in Canada and also adopted OSC Policy 15-601 – Whistleblower Program, which provides guidance on the program. The whistleblower program was implemented to encourage individuals to report information regarding serious securities-related or derivatives-related misconduct to the OSC or, where appropriate in the circumstances, through an internal compliance and reporting mechanism. | Read Article |
Non-GAAP Measures – Searching for Transparency, Consistency and Comparability FINANCIAL REPORTING AND IR Communicating financial performance to the market is no easy task. One way companies do this is through financial statements prepared in accordance with generally accepted accounting principles (GAAP), which present the historical performance of the company using a set of consistent standards. These standards aim to enhance comparability among financial statements between companies, allowing users to appropriately assess performance and draw conclusions. | Read Article |