Canadian Institute of Chartered Accountants

2011 Awards

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Corporate Reporting Awards Program Celebrates 60 Years of Excellence Mi Mi Tsui, Corporate Reporting Awards program director This year marks the diamond anniversary of the Chartered Accountants of Canada's Corporate Reporting Awards (CRA). When the program started in 1941, the focus was the annual or financial report. Over the years, the program has evolved to keep pace with the capital markets and the expectations of Canadian investors for greater transparency and better information on which to base their investment decisions. Today's CRA program includes separate categor- ies for corporate governance reporting, elec- tronic disclosure and sustainable development reporting, in addition to financial reporting. The criteria have helped drive the development of best practices in all of these areas, which are now regarded as essential components of the corpor- ate reporting model. The only national program shining a spotlight on Canada's best corporate reporting models, the awards program offers publicly listed compan- ies and federal and provincial Crown corpora- tions a unique opportunity to demonstrate pride and confidence in their corporate reporting. Companies that enter are striving to be the best by submitting reports to an independent panel of judges who are experts in their respective areas. "Successful companies understand it is good business to get their story out in a useful, under- standable, relevant and reliable way," said Kevin Dancey, FCA, president and CEO, Canadian Institute of Chartered Accountants (CICA). "The awards program goes beyond identify- ing and honouring the best reporting practi- ces; it aims to spread the best to the rest." We commend the 78 TSX issuers and Crown cor- porations for participating in the awards program this year. We also congratulate the winners. THE AWARDS INDUSTRY SECTOR AWARDS Nine industry sector awards were given to TSX issuers who received the highest average ranking in the four judging categories: financial reporting, corporate governance disclosure, electronic dis- closure and sustainable development reporting.

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