XBRL Canada Hosts Free Event November 5th

IROs, Financial Communicators Invited to Attend Free, One-Day Session

TORONTO , Oct. 19 /CNW/ - A free, one-day event will be held in Toronto on November 5, 2009 at the Metro Toronto Convention Centre to update professionals impacted by XBRL. Critical issues covered include the United States ' Securities and Exchange Commission's (SEC) Interactive Data Program, IFRS Convergence, the Canadian XBRL filing environment as well as an update regarding XBRL internationally. Equally valuable is a showcase of XBRL solution providers that allows attendees to view, understand and evaluate solutions to their XBRL challenges.

In the next three years, all companies that report to the SEC will be required to use XBRL when reporting their financial statements, including those based in Canada . If you represent a company that is required to file in this period, come join us to find out critical information about the SEC's program and how you can begin filing in XBRL.

Investor Relations officers, financial communications professionals, finance directors and those interested in XBRL are encouraged to attend the event and share their thoughts.

XBRL Canada is proud to host this event and recognizes the importance of engaging dialogue and raising awareness amongst Canadian business leaders. XBRL Canada has been proactive in bringing XBRL knowledge to the Canadian market assisting all professionals impacted by the growing use of XBRL. Recognizing the need for further knowledge sharing, XBRL Canada will announce a new membership tier specifically for issuers filing XBRL that are looking to gain additional insight from other filers and XBRL Canada .

In addition to CNW Group, presenters at this event include: Bowne & Co., Caseware, EDGAR Online, Snappy Reports, XBRLit (TNT Filings Inc.) and XBRL Spy.

To register to attend this free event in Toronto , please visit the XBRL Canada website: www.xbrl.ca

About XBRL Canada

XBRL Canada is a not-for-profit consortium of leading Canadian companies and organizations, whose role is to create and maintain XBRL taxonomies based on Canadian reporting standards and advance the awareness and understanding of XBRL in Canada . XBRL Canada is supported and administered by the Canadian Institute of Chartered Accountants.

About CNW Group

CNW Group is a global leader in news and information distribution services for professional communicators. Established in 1960, CNW is part of the International PR Newswire network, reaching news outlets in 135 countries worldwide. CNW Group provides electronic news distribution, targeting, monitoring, translation, Webcast and disclosure services to corporate, government, associations, labour, non-profit and other customers worldwide. CNW Group helps Canadian and international organizations to connect with local and global audiences including the news media, the investment community and the general public. CNW Group is co-owned by two news distribution powerhouses: PR Newswire, based in New York City , USA and PA Group, based in London , UK. www.newswire.ca 1.877.CNW.7890

For further information: Gerald Trites, Project Director, XBRL Canada, Dir. [phone], [email protected]; John Mania, Director, Product Management, CNW Group, Dir. [phone], [email protected]