Media Advisory - The greatest victim of current crisis is trust

    TORONTO, Jan. 13 /CNW Telbec/ - Trust is the greatest casualty of the
recent debacle in financial systems according to The Conference Board of
Canada. The Board will host a Leaders' Forum on Stakeholder Trust to argue for
the need to seriously discuss the issue of rebuilding trust in Canadian
Institutions on January 15 in Toronto.
    "This erosion of trust is causing a crisis of confidence in the
institutions of our society. The foundation of our modern system of commerce
is trust. Without trust, there are no markets and no customers," said Prem
Benimadhu, Vice-President, Governance and Human Resource Management Research.
Management's responsibility is to increase stakeholder trust through its
strategies, plans and actions. The board's objective is to ensure that
management does so."


      - Anne Golden, President and CEO, The Conference Board of Canada
      - Alan MacGibbon, Managing Partner and CEO, Deloitte
      - Terry Savage, noted Chicago-based financial commentator, President,
        Terry Savage Productions Ltd.
      - Courtney Pratt, former President and CEO, Stelco Inc.
      - Gord Cummings, former President and CEO, Canadian Executive Services

    WHAT: Release of the Conference Board Report, The Trust Imperative:
    Taking Governance to the Next Level, which provides leaders with the
    opportunity to ask probing questions of management during their
    deliberations. The questions address trust with five groups - the public,
    investors, employees, customers and suppliers. This report is part of the
    Board's ongoing research on the issue of rebuilding trust in Canadian

    WHERE: Thursday, January 15, 2009, The Fairmont Royal York,
           100 Front Street W.

    WHEN: 1:15 p.m. to 2:15 p.m.

    The project, which is sponsored by Deloitte, includes a booklet, The
Trust Imperative: Taking Governance to the Next Level, a Conference Board
report and a compendium of thought-pieces on trust and stakeholders. The
publications are available at

For further information:

For further information: or media accreditation, contact: Yvonne
Squires, Marketing and Communications Coordinator, (613) 526-3090, ext. 221,;; Media must register in

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