CSA Canadian Securities Administrators

For Immediate Release
September 5, 2008

Canadian Regulators to Host XBRL Panel Discussion

Toronto – On September 24, 2008, representatives from the Canadian Securities Administrators (CSA) will hold a free information session for industry participants and members of the media on the increasing use and importance of XBRL (eXtensible Business Reporting Language).

The information session will feature expert speakers from the CSA and the U.S. Securities and Exchange Commission (SEC) who will discuss recent proposals by the SEC for the mandatory use of XBRL, as well as the move to XBRL in Canada.

“As a business reporting language, XBRL will make it easier for investors and analysts to analyze financial information from a large number of different companies,” said James Turner, Vice-Chair, Ontario Securities Commission. “The CSA is supportive of XBRL and is hosting this event to help the Canadian marketplace gain a greater understanding of this exciting technology.”

Speakers:

Event Information:

Wednesday, September 24, 2008 from 1:30 p.m. to 3:30 p.m. at the
Metro Toronto Convention Centre, South Building (222 Bremner Blvd) Room 714

There is no charge to attend this event.  For registration, please go to www.xbrl.ca/registration, or call Joanne Platsis at the Ontario Securities Commission at 416-593-8222.

Those unable to attend are invited to listen or view the event live from the CSA website www.csa-acvm.ca/html_CSA/xbrl.html

For media inquiries:


Laurie Gillett
Ontario Securities Commission
416-595-8913

Barbara Shourounis
Saskatchewan Financial Services
Commission
306-787-5842

Christian Barrette
Autorité des marchés financiers
514-940-2176

Andrew Poon
British Columbia Securities
Commission
604-899-6880

Natalie MacLellan
Nova Scotia Securities Commission
902-424-8586

Mark Dickey
Alberta Securities Commission
403-297-4481

Ainsley Cunningham
Manitoba Securities Commission
204-945-4733

 Wendy Connors-Beckett
New Brunswick Securities Commission
506-643-7745

Marc Gallant
Prince Edward Island
Office of the Attorney General
902-368-4552

Doug Connolly
Financial Services Regulation Division
Newfoundland and Labrador
709-729-2594

Louis Arki
Nunavut Securities Registry
867-975-6587

Donn MacDougall
Securities Registry
Northwest Territories
867-920-8984

Fred Pretorius
Yukon Securities Office
867-667-5225