May 2008

May 2008

Adoption of International Financial Reporting Standards

May, 2008 – This letter is being sent to all Saskatchewan Trust Corporations, Saskatchewan Loan Corporations, Saskatchewan Provincial Insurers and Reciprocal Insurance Exchanges (collectively, “Regulated Entities”) to remind them of the mandatory transition from Canadian GAAP to IFRS for fiscal years beginning on or after January 1, 2011.

• Adoption of International Financial Reporting Standards