Introduction
Methodology
Respondents
IR Rankings – Canada Top 50 2024
MethodologyRespondents
Canada Top 50 rankingsPoints breakdown for the Top 50Position and points by categoryPosition and points by sectorInvestor and analyst comments
Editor & copy editor Kathleen HennessyResearch Ash Govender, Maria LovatiDesign & layout James Noden
Cover image stock.adobe.com/uk/contributor/207493509/tyler
©2024 IR Media Group Ltd
All the rankings, category point scores and charts included in this report are based solely on a survey of 237 members of the investment community, the people who make up the most important audience for corporate investor relations professionals. All survey respondents are based in Canada.
The first phase was to email Canadian portfolio managers, buy-side analysts and sell-side analysts with an online questionnaire. In the second phase, additional members of the Canadian investment community were contacted by telephone to ask them the same questions about IR performance by Canadian companies. This research was carried out between September 2023 and January 2024.
Points & rankingsEach respondent is asked to make three nominations in each category of investor relations: first, second and third. Every first-choice nomination earns six points, a second choice earns three points and a third earns two. The points are then totaled by company for each category to establish the winners and the short lists for each of the research categories presented at the IR Magazine Awards – Canada 2024. The same points system is used for IR Magazine’s other investor research studies in Europe, the US and Asia.
The points totals are also used to rank all companies in the research. Rankings for each category except best IR by sector and best overall IR are based on the points each company has received in the research for the category; for these two exceptions, the rankings are based on overall points. The overall IR rankings are based on the total points from all categories for which all companies are eligible.
Some categories are divided by market cap sizes. These are determined in line with the Toronto Stock Exchange (TSX) and TSX Venture indices as at July 31, 2023, and are split as follows:
Below $2 bn Small cap$2 bn-$20 bn Mid-cap$20 bn and over Large cap
AwardsThe investor perception research outlined above is also used as the basis for the IR Magazine Awards – Canada 2024, which took place on April 4 this year.
In addition, awards were presented to winners of self-nominated categories. For these, companies submitted entries that were judged by an expert panel comprising IR Magazine editors and investment professionals.
Between September 2023 and January 2024, a total of 237 investment professionals based in Canada participated in the research.
