News Release

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:

• James Turner, Vice-Chair, Ontario Securities Commission
• David Blaszkowsky, Director, Office of Interactive Disclosure, SEC
• Peter Grant, Chief Information Officer, British Columbia Securities Commission
• Cameron McInnis, Chief Accountant (Acting), Ontario Securities Commission

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 (link no longer operational), 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.

For media inquiries: