• Issuers should develop a plan for the changeover to international financial reporting standards (IFRS) and disclose key elements of the plan in interim and annual MD&A beginning in 2008, three years before the changeover on January 1, 2011

  • More detailed information, including quantitative information if available, about the impact of IFRS should be provided in MD&A in the year prior to the changeover

  • Investment funds should disclose information about the impact of IFRS in either the management report of fund performance or the notes to the financial statements