Submissions

The Committee issues Submissions to the regulatory authorities to effect change.  A Submission may be published as a response to a request for comment, or on a proactive basis, when CIRI believes an issue has high importance to the IR profession.

Latest Submissions

CIRI Comments on Business Law Advisory Council Report to Minister of Government and Consumer Services FALL 2016 December 12, 2016
CIRI submitted comments in response to the Business Law Advisory Council Report to Minister of Government and Consumer Services FALL 2016 on the Ontario Business Corporations Act (OBCA). This is CIRI’s second submission on the OBCA. The initial submission was done on October 16, 2015.
CIRI Comments on CSA Multilateral Staff Notice 54-304 July 15, 2016
The Canadian Investor Relations Institute (CIRI), a professional, not-for-profit association of executives responsible for communication between public corporations, investors and the financial community, is pleased to comment on CSA Multilateral Staff Notice 54-304, including the Protocols and CSA staff guidance proposed therein. 
CIRI Comments on Proposed Amendments to the TSX Company Manual, Part IV (listed issuers’ website content) and Part VI (security based compensation arrangements) July 15, 2016
The Canadian Investor Relations Institute (CIRI), a professional, not-for-profit association of executives responsible for communication between public corporations, investors and the financial community, is pleased to comment on the proposed Amendments to the TSX Company Manual, Parts IV and VI regarding new disclosure requirements. 
CIRI Comments on Business Law Agenda – Priority Findings and Recommendations Report October 16, 2015
CIRI has made a submission to the Ontario Ministry of Government and Consumer Services on the Ontario Business Corporations Act. This submission focussed on the recommendations made by a panel of experts outlined in Business Law Agenda – Priority Findings and Recommendations Report as well as shareholder disclosure.
CIRI Comments on Proposed Amendments to Multilateral Instrument 62-104 Take-Over Bids and Issuer Bids (MI 62-104) and changes to National Policy 62-203 Take-Over Bids and Issuer Bids (NP 62-203) June 29, 2015
We commend the CSA for proposing harmonized amendments to the take-over bid regime that put unsolicited or ‘hostile’ bidders and target companies on a more equal footing. We recognize the effort expended to arrive at this alternative co-ordinated proposal that responds to comments from a broad section of market participants following the publication of the initial CSA and AMF proposals in 2013. Different regulatory initiatives seeking to achieve similar outcomes can be confusing, costly and potential conflicting for issuers.

Archived Submissions

There are no archived publications from this year

Recent Submission

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CIRI Comments on CSA Proposed Amendments to the Early Warning System

CIRI has submitted comments to the CSA on proposed amendments NI 62-103 Early Warning Systems and Related Take-Over Bid and Insider Reporting Issues published in March.

CIRI's submission illustrates that Canada's early warning threshold are too high and includes multiple recommendations to the CSA including a reduction in the beneficial ownership threshold.

Click here to learn more.

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