IR Leader
November 21, 2023

CIRI is thrilled to be bringing the IR community together for the 2024 Annual Conference that will be held at the Hyatt Regency in Calgary, Alberta on June 2-4. The Conference will feature tried and true elements including panel discussions with subject matter experts, sponsored teach-ins with service providers, interactive roundtables, social events for the community to network with one another and an exhibit hall to stay current on product and service offerings. This Conference is eligible for 11 Continuing Education Units toward maintaining the Certified Professional in Investor Relations (CPIR) designation.

Registration is open with early bird rates in effect until February 23, 2024.

We can’t wait to see you in Calgary next year!

To read the full announcement, click here.

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IR leader Issue 3 was published on November 14. This issue contains timely and relevant articles, including:

  • Communicating in an Age of Extreme Uncertainty
  • Prepare for Global Minimum Top-up Tax
  • Listed Issuer Finance Exemption
  • ESG Backlash: The Implications for Investor Relations
  • Lessons from the Career of CIRI’s Latest CEO

Click here to access IR leader Issue 3 - or any previous issue.

Not a CIRI member? Click here to join and take advantage of all that CIRI has to offer!

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Top Stories

CSA and CIRO Publish Summary of Short Selling Consultation

The Canadian Securities Administrators (CSA) and the Canadian Investment Regulatory Organization (CIRO) today published a summary of responses and comments to CSA/IIROC Staff Notice 23-329 Short Selling in Canada.

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Guide to Shareholder Activism and Proxy Contests in Canada

This guide discusses the principal legal and practical issues faced by both activists and target companies, as well as notable recent developments and key differences between Canadian and U.S. requirements.

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Climate Risks To Financial Performance Are Hugely Under-estimated

Companies face a growing array of climate risks more immediate and severe than previously believed, from extreme weather events disrupting supply chains to rising climate litigation and regulations against carbon-intensive industries. Despite growing corporate concern about climate change, firms do not have access to the information and skills needed to understand and act on climate risk.

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Investors, Businesses to Increase ESG Investment Despite Greenwashing Scrutiny & Political Pushback: Bloomberg Survey

The vast majority of senior investors and business executives are planning to increase ESG investment over the next 5 years, with each group anticipating a range of benefits from a greater ESG focus, including 90% of investors expecting enhanced returns, and executives seeing improved access to capital and corporate reputation, according to a new survey released by Bloomberg Intelligence (BI).

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OSFI Publishes Draft Climate Scenario Analysis Methodology

On October 16, 2023, the Office of the Superintendent of Financial Institutions (“OSFI”) published a draft climate scenario analysis methodology for public comment: The Standardized Climate Scenario Exercise (“SCSE”). This is a foundational step in OSFI’s objective of developing the SCSE workbook, associated instructions, and questionnaire, which will be published in 2024 with the finalized SCSE.

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Insider Tipping: Recent Ontario Capital Markets Tribunal Decision Provides Important Guidance for Public Companies and Insiders

It is generally well understood that securities laws prohibit “tipping,” the selective sharing of material non-public information (MNPI) about an issuer, except where such disclosure is in the “necessary course of business' (the NCOB Exception), a practice that is regularly relied upon by insiders of reporting issuers. Less well understood are the circumstances in which the NCOB Exception will be found to apply.

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The Never-Ending Debate About Material Changes in Securities Law

Two Ontario Court of Appeal decisions came to different conclusions about what warrants disclosure.

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