Le 31 août 2022, certaines modifications (les « modifications ») tant attendues à la Loi canadienne sur les sociétés par actions (la « LCSA ») et à des règlements connexes à l’égard du processus d’élection des administrateurs...more
Effective August 31, 2022, certain long-awaited amendments (Amendments) to the Canada Business Corporations Act (CBCA) and related regulations administered by the Department of Industry (Regulations) impacting director...more
En mai 2018, le projet de loi C-25, Loi modifiant la Loi canadienne sur les sociétés par actions, la Loi canadienne sur les coopératives, la Loi canadienne sur les organisations à but non lucratif et la Loi sur la...more
In May 2018, An Act to amend the Canada Business Corporations Act, the Canada Cooperatives Act, the Canada Not-for-profit Corporations Act and the Competition Act (Bill C-25) received Royal Assent. Certain amendments to the...more
Dans un rapport publié récemment et intitulé 360º Governance: Where Are The Directors In A World In Crisis? (en anglais seulement) (le « rapport »), Peter Dey et Sarah Kaplan se penchent sur les pratiques modernes de bonne...more
With the release of a report entitled “360º Governance: Where Are The Directors In A World In Crisis?” (Report), Peter Dey and Sarah Kaplan examine modern good governance from a practical and scholarly standpoint,...more
À l’approche de la prochaine période de sollicitation de procurations, les émetteurs sont invités à se familiariser avec les lignes directrices canadiennes en matière de vote par procuration respectives d’Institutional...more
In preparation for the upcoming proxy season, issuers should familiarize themselves with the Canadian proxy voting guidelines recently published by Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co. (Glass...more
In preparation for the upcoming proxy season, issuers should familiarize themselves with the Canadian proxy voting guidelines recently published by Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co. (Glass...more
Beginning January 1, 2020, distributing corporations (generally, public companies) governed by the Canada Business Corporations Act (CBCA) will be required to provide additional diversity disclosure in connection with their...more
The federal government’s omnibus budget implementation bill (Bill) received royal assent on June 21, 2019, the last sitting day of the House of Commons and Senate before breaking for the summer. Accordingly, certain...more
Significant amendments to the Canada Business Corporations Act (CBCA) proposed in the federal government’s omnibus budget implementation bill (Bill) would codify into statute some of the principles relating to directors’...more
In preparation for the upcoming proxy season, issuers should familiarize themselves with the Canadian proxy voting guidelines recently published by Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co. (Glass...more
The Canadian Securities Administrators (CSA) have received formal submissions (Submissions) on Consultation Paper 52-404 – Approach to Director and Audit Committee Member Independence (Consultation Paper) from 27...more
As an early step in preparing for the upcoming proxy season, issuers should familiarize themselves with the Canadian proxy voting guidelines recently published by Institutional Shareholder Services Inc. (ISS) and Glass Lewis...more
It is common for shareholders of both public and private companies to nominate directors to sit on the companies’ boards on their behalf. This commonly occurs when an investor is an institution, when it has the contractual...more
A panel of legal practitioners and academics appointed by Ontario’s Ministry of Government and Consumer Services (Panel) has recommended potential updates and revisions to a number of corporate and commercial Ontario statutes...more