On September 18, 2008, the CSA issued new requirements for executive compensation disclosure. The new rules are intended to foster clearer communication from issuers to shareholders regarding increasingly complex compensation practices, as well as to help investors more easily understand how much compensation certain executive officers receive and how decisions about compensation are made.
The expanded requirements affect public issuers with a fiscal year end on or after December 31, 2008 and may require significant preparation to implement....
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