XBRL Canada Seminar

Wednesday, October 29, 2014 – 9:00AM – 12:00 Noon

Offices of CPA Canada, 277 Wellington St W, Toronto, Second floor

Presented by Ilya Vadeiko of Findynamics

Attracting Capital to Canadian Small Cap Companies with XBRL

See Upcoming Events for further details


XBRL Canada is the Canadian jurisdiction of XBRL International and largely funded and administered by CPA Canada. The purpose of XBRL Canada is to provide support and encouragement for the adoption of eXtensible Business Reporting Language in Canada. XBRL is widely used around the world and recognized as the leader in advanced electronic business and financial reporting.

To strive towards its goals, XBRL Canada holds seminars and webinars and issues various publications, including its bi-monthly Newsletter. It also leads projects to test and explore XBRL usage in various settings.

Currently, we are working on projects for the federal government in Ottawa with a view to ultimately seeing the adoption of Standard Business Reporting (SBR) using XBRL in Canada. CPA Canada has supported this initiative by making recommendations to the Minister of Finance in the last two years that SBR be adopted. The Finance committee of the House of Commons has taken this recommendation to the Minister in the preparations for the annual Federal Budget. SBR would provide substantial savings (probably over 2 billion dollars per year) to the government and the business community by substantially reducing duplication in the information needing to be filed with the government and also facilitating the automatic processing of filings with less human intervention.

XBRL Canada also offers support to companies who must file XBRL using the IFRS Taxonomy with regulators. currently we are monitoring the progress of the SEC in their goal of adopting the IFRS Taxonomy and requiring cross-listed companies using IFRS to file with them. That includes over 350 Canadian companies.

For details on how to become a member of XBRL Canada, send an email to This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

Be part of the next great evolution in Business and Financial Reporting!

The XBRL Canada Online Course recounts the experience of a filer with the SEC filing XBRL. The course offers an introduction to the process followed in doing a filing and discussed the issues encountered. Overall, the company had a positive experience. The seminar is very relevant to many companies as the need to file with the SEC using the IFRS Taxonomy grows closer.  

Online Course


Implementing XBRL for Electronic Filing of Information with the Government of Canada
(Executive Summary)

Download English Document

Télécharger le document français

Download Executive Summary/Download Full Report:
English version
French version

XBRL (eXtensible Business Reporting Language) is an XML-based, royalty-free, open standard to enhance and streamline business reporting. The XBRL standard was developed and is maintained by XBRL International, a not-for-profit consortium of leading companies and organizations from around the world. For more information about the standard, please visit the XBRL International site at www.xbrl.org.

XBRL Canada is a not-for-profit consortium of leading Canadian companies and organizations, whose role is to foster the awareness, knowledge and understanding of XBRL and its uses in Canada and is largely funded and administered by CPA Canada (formerly CICA).

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