CIRI National President's Report

Dear CIRI Member,

Since the start of 2010 CIRI has been busy enhancing member value. We have:

Completed the 2010 CIRI Compensation and Responsibilities Survey

This survey shows the continued evolution of the IR profession and provides essential information for IR department's planning and budgeting.

Revised the CIRI Mandate to better reflect the impact of IR on the Canadian capital market.

The Canadian Investor Relations Institute contributes to the transparency and integrity of the Canadian capital market by advancing the practice of investor relations, the professional competency of its members and the stature of the profession. 

Announced an IR Certification program in partnership with the Richard Ivey School of Business, University of Western Ontario

The first program of its kind in North America which will cover the multi-discipline role of IR including capital markets, corporate governance, securities law, finance and communications.

The first program will begin September 2011.

Participated in the Global Investor Relations Network (GIRN)

Participated in the creation of an IR Core Curriculum for IR education to assist in the development of the IR profession by the IR societies of the 25 member countries of GIRN.

CIRI is a member of the GIRN steering committee along with US (NIRI), UK (IRS), Australia (AIRA) and German (DIRK).

Launched the CIRI Corporate Donation Program

This new source of funds allows CIRI to better pursue its mandate while providing a greater level of financial stability.

Participated on the OSC's Continuous Disclosure Advisory Committee

Provided input and an IR perspective for the key issues on the Ontario Securities Commission's agenda.

Introduced the Belle Mulligan Award for Leadership in Investor Relations

The Belle Mulligan Award for Leadership in Investor Relations is given by CIRI in honour of the late Belle Mulligan to recognize individuals who have shown singular leadership in one or more aspects of the practice of investor relations.

Alison Thompson (Magma Energy Corp) was presented with this award at CIRI's 2010 Annual Conference.

Evolved the CIRI Issues Committee Mandate to Include Advocacy

To date the CIRI Issues Committee published IR Issues Backgrounders on:

• National Securities Regulator
• Environmental & Climate Change Disclosures
• Social Media
• Say on Pay

This year the CIRI Issues Committee expanded its mandate to also include pro-active advocacy on key IR issues that may not currently be on the radar of the regulators.

CIRI has decided share ownership disclosure is an issue that CIRI must pro-actively advocate on behalf of its membership and a plan is currently being developed.

Provided Chapter and National Professional Development Programs

For the 2010 programming year there have been 40 PD events held by CIRI Chapters and National with a continued high level of member satisfaction.

A number of these were webcasts so the PD experience could be shared with a larger group of potential participants at times convenient to them.

Hosted CIRI's 23rd Annual Conference

With 214 attendees, this conference is the largest multi-day gathering of IR professionals in Canada.

CIRI's Annual Conference offers the most efficient way for IR professionals to update their investor relations knowledge, network with other professionals and prepare for the future.

As you can see, CIRI has been busy working on your behalf to contribute to the transparency and integrity of the Canadian capital market by advancing the practice of investor relations, the professional competency of its members, and the stature of the profession.

Thank you again for your continued support and the support of our sponsors.

Sincerely,

Tom Enright
President & CEO, CIRI

December 2010