CNW’s Melody Firth monitors Canada’s uptake of the new filing standard
The next step in the evolution of corporate financial data will take place in May 2007 when Canadian issuers can start filing financial statements in extensible business reporting language (XBRL) alongside their regular continuous disclosure filings. ‘They will be showing the marketplace they are willing and able to help explore technologies that have the potential to improve efficiencies in the Canadian marketplace,’ comments Cameron McInnis, manager of the corporate finance branch
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