With the votes in from Canada’s stock analysts and portfolio managers, the results point to another dominating performance by TD Bank in the 17th annual IR Magazine Awards, celebrating excellence in investor relations among Canadian listed companies at a gala ceremony in Toronto on February 5. Click here for the full short lists.
TD is nominated for an unprecedented 10 awards, shattering its previous records of eight nominations last year and seven in 2012. CN is hot on TD’s heels with nine nominations while TELUS has garnered eight. Rogers Communications and Bombardier are also strong contenders, with six nominations each.
Bombardier, which ruled the mid-cap rankings in 2012 and 2013, has strong competition this year from ARC Resources, Baytex Energy and Intact Financial, with four nominations each. Among small caps, Capstone Mining and Semafo lead the pack in nominations.
For a rising star, look to Loblaw Companies, which debuts in the rankings with four nominations, including for most progress and best investor relations officer.
In total, 60 companies are nominated for 34 awards. More than 260 Canadian investors and analysts were interviewed for this year’s IR Magazine Awards. IR Magazine produces parallel annual rankings and awards events in the US, Europe, Brazil, South East Asia and Greater China.
Survey respondents cited a range of factors when judging companies’ investor relations, with particular emphasis on financial and operational transparency, senior management’s communications skills, and the knowledge and responsiveness of investor relations teams.
Sponsors of the awards include Annan & Sons, Blender, Broadridge, Businesswire, CIRI, Computershare Georgeson, CST Phoenix, Ipreo, Kingsdale, Laurel Hill, Marketwired, NASDAQ OMX, Norton Rose Fulbright, NYSE, Q4 Web Systems, The Globe & Mail, The Works Design, TMX and TSX Venture Exchange.
