TELUS shines at Corporate Reporting Awards presented by Canada's CAs

TORONTO, Nov. 25 /CNW/ - TELUS Corporation captured top honours at the Corporate Reporting Awards presented today in Toronto by the Chartered Accountants of Canada.

TELUS received four awards this year for its 2009 annual reporting package, including the Overall Award of Excellence in Corporate Reporting.

For the past 59 years, the Corporate Reporting Awards program has recognized excellence in annual reporting among Canadian organizations. The awards are presented annually by the Canadian Institute of Chartered Accountants (CICA) and reflect the CA profession's commitment to enhancing the quality of reporting.

"TELUS deserves special recognition for the duration of its commitment to best practices in corporate reporting," said Kevin Dancey, FCA, President and CEO of the CICA.  "TELUS has captured top honours before and has consistently produced excellent reports.  Congratulations to TELUS and all the winners."

TELUS also won the Award for Excellence in Corporate Reporting in the Communications and Media industry category and received Honourable Mentions for Excellence in Corporate Governance Disclosure and Sustainable Development Reporting.

"We are delighted to be honoured once again with CICA's top award for corporate reporting. It is a tribute to the professionalism, innovation and ongoing focus on continuous improvement by the TELUS team," said Robert McFarlane, TELUS Executive Vice-President and Chief Financial Officer.  "At TELUS, we are firmly committed to best practices in corporate governance and corporate social responsibility and strive each year to improve the quality and utility of our stakeholder disclosures."

Nexen Inc. and PotashCorp were also big winners this year, receiving multiple honours for industry and judging categories. The list of entries and winners has grown this year, with the inclusion of large and small provincial Crown corporations for the first time in the program's history. In total, 24 awards and honourable mentions were presented to private and public enterprises.  

"The awards showcase the best reporting models in the country," said Dancey.  "It is important that companies continue to provide investors and other stakeholders with information that is relevant, clear and easily understood. The awards foster this and encourage participants to look for new ways to continuously strengthen their relationships with stakeholders."

Prior to this year's awards, TELUS last captured the overall excellence award in 2008.

Winning companies and Crown corporations are profiled in the Book of Judges' Comments for the CICA's 2010 Corporate Reporting Awards.  The book is free and available by telephone at [phone] or online (www.cica.ca/cra).

Here is the complete list of winners:

By Industry Sector:
Overall Award of Excellence in Corporate Reporting	TELUS Corporation
Communications and Media	TELUS Corporation
Consumer Products	Tim Hortons Inc.
Diversified Industries	Viterra Inc.
Industrials and Energy	Bombardier Inc.
Financial Services	TD Bank Financial Group
Forest Products	Domtar Corporation
Life Sciences/Technology	CGI Group Inc.
Mining	PotashCorp
Oil & Gas	Nexen Inc.
Real Estate/Utilities & Pipelines	TransAlta Corporation
By Judging Category
Financial Reporting- Award of Excellence	PotashCorp
Financial Reporting- Honourable Mention	BMO Financial Group
Corporate Governance Disclosure -Award of Excellence	Nexen Inc.
Corporate Governance Disclosure - Honourable Mention	TELUS Corporation
Electronic Disclosure - Award of Excellence	PotashCorp
Electronic Disclosure - Honourable Mention	Agnico-Eagle Mines Limited
Sustainable Development Reporting - Award of Excellence	Suncor Energy Inc.
Sustainable Development Reporting - Honourable Mentions	PotashCorp & TELUS Corporation
Federal Crowns:
Large Federal - Award of Excellence	Export Development Canada
Small Federal - Award of Excellence	Defence Construction Canada
Provincial Crowns
Large Provincial - Award of Excellence	Saskatchewan Telecommunications Holding Corporation
Small Provincial - Award of Excellence	Saskatchewan Transportation Company

Chartered Accountants (CAs) are Canada's most valued, internationally recognized profession of leaders in senior management, advisory, financial, tax and assurance roles. Through their integrity, expertise, and internationally recognized qualification standards, Canada's 77,000 CAs sustain their influence and leadership position both in Canada and globally.  As trusted business advisors to Canadian organizations of all sizes, Canada's CAs foster confidence in Canadian business and contribute to the health and sustainability of Canada's capital markets and economy. The Canadian Institute of Chartered Accountants (CICA) represents Canada's CA profession both nationally and internationally. The CICA is a founding member of the International Federation of Accountants (IFAC) and the Global Accounting Alliance (GAA).

For further information:

or to arrange an interview, contact:
Tobin Lambie, Manager, Media, CICA
[phone]  
[email protected]