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Corporate Governance CBCA

Stikeman Elliott LLP

CSA Propose Amendments Related to CSE’s Senior Tier, Majority Voting, Escrow Agreements and More

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The Canadian Securities Administrators (“CSA”) recently published for comment proposed amendments and changes to certain national instruments and policies to: (i) address the Canadian Securities Exchange’s (“CSE”) creation of...more

Davies Ward Phillips & Vineberg LLP

Bill S-285: A Canadian Contribution to the Stakeholder Governance Debate

Senator Julie Miville-Dechêne recently introduced the 21st-Century Business Act (Bill S-285), a Senate public bill that proposes substantive amendments to the Canada Business Corporations Act (CBCA). The legislative proposal...more

Davies Ward Phillips & Vineberg LLP

Governance Insights: 10 Trends that GCs and Boards Need to Know

The latest edition of Davies’ Governance Insights is now available. In this issue, we explore 10 important trends that will help general counsel and boards navigate the year ahead. In order to help you with your strategic...more

Blake, Cassels & Graydon LLP

Modification possible des exigences de la LCSA en matière de divulgation de renseignements sur la diversité

Depuis le 1er janvier 2020, les sociétés ayant fait appel au public (en général, les sociétés ouvertes) régies par la Loi canadienne sur les sociétés par actions (la « LCSA ») sont tenues de fournir des renseignements sur la...more

Blake, Cassels & Graydon LLP

Diversity Disclosure Requirements for CBCA Public Companies Potentially Changing

Since January 1, 2020, distributing corporations (generally, public companies) governed by the Canada Business Corporations Act (CBCA) have been required to provide diversity disclosures regarding “designated groups,” as...more

Stikeman Elliott LLP

CBCA Corporations to Begin Submitting Transparency Registers to the Government: Public Access to Follow

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Canada’s federal beneficial ownership transparency requirements are changing again. Beginning January 22, 2024, federal corporations will be required to provide certain information from their registers of individuals with...more

Stikeman Elliott LLP

Board Composition: Gender Diversity and Beyond

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The Canadian Securities Administrators (“CSA”) have released their annual review of disclosure regarding women on boards and in executive officer positions at Toronto Stock Exchange-listed issuers, showing positive trends in...more

Dickinson Wright

New Filing Requirements for Canadian Federal Corporations

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Effective January 22, 2024, all federally incorporated companies must file information on “individuals with significant control” (“ISC”) pursuant to new requirements under the Canada Business Corporation Act (the “CBCA”)....more

Davies Ward Phillips & Vineberg LLP

GOVERNANCE INSIGHTS 2023 - As the Pandemic Abates, Activists Advance: Shareholder Activism Rebounds in Canada

Canadian shareholder activism continued its post-pandemic resurgence into the first half of 2023. Emerging trends include the “activist swarm,” where multiple—yet uncoordinated—activists converge on a single target with...more

Davies Ward Phillips & Vineberg LLP

Governance Insights: Trends and Developments in Diversity

Davies Governance Insights analyzes the top trends and issues most important to Canadian public companies and provides practical guidance for boards to meet these challenges head on. In the 2020 edition of Davies...more

Davies Ward Phillips & Vineberg LLP

Québec’s Enterprise Transparency Regime Is Coming Into Force

Amendments to the Act respecting the legal publicity of enterprises (LPA), which require registrants (described below) to declare their “ultimate beneficiaries,” will come into force on March 31, 2023. Corporate ownership...more

Stikeman Elliott LLP

Environmental, Social & Governance Law 2023 Canada

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There are a variety of environmental, social and governance (“ESG”)-related regulations applicable to federally and provincially incorporated companies; however, the focus of this chapter will be on public companies that...more

Davies Ward Phillips & Vineberg LLP

Davies Governance Insights – September 2022

Davies Governance Insights analyzes the top trends and issues most important to Canadian public companies and provides practical guidance for boards to meet these challenges head on. ...more

Stikeman Elliott LLP

CBCA Amendments Take Effect August 31, 2022

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Amendments to the Canada Business Corporations Act (CBCA) that impose majority voting requirements, annual director terms, a prohibition on slate voting and a change to the period during which shareholders must deliver...more

Blake, Cassels & Graydon LLP

Entrée en vigueur des modifications à la LCSA visant l’élection des administrateurs

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

Blake, Cassels & Graydon LLP

Coming Soon: Changes to CBCA Director Elections – The Sequel

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

Stikeman Elliott LLP

Environmental, Social & Governance Law 2022

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1. Setting the Scene – Sources and Overview - 1.1. What are the main substantive ESG-related regulations? There are a variety of ESG-related regulations applicable to federally and provincially incorporated companies;...more

Blake, Cassels & Graydon LLP

LCSA : Modifications concernant le vote à la majorité des voix et le vote contre un administrateur

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

Bennett Jones LLP

Government of Canada Publishes First Report on Diversity Disclosure

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On April 7, 2021, the Government of Canada published Diversity of Boards of Directors and Senior Management of Federal Distributing Corporations. The report is the first report on the effect of the government's efforts to...more

Blake, Cassels & Graydon LLP

Corporations Canada : Premier rapport annuel sur la divulgation des renseignements sur la diversité

Le 7 avril 2021, Corporations Canada a publié son rapport intitulé Diversité au sein des conseils d’administration et de la haute direction des sociétés ayant fait appel au public de régime fédéral (le « Rapport »). Il s’agit...more

Blake, Cassels & Graydon LLP

Coming Soon to the CBCA: Majority Voting and Voting Against Directors

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

Blake, Cassels & Graydon LLP

Corporation Canada’s Findings from First Annual Diversity Disclosure Review Released

On April 7, 2021, Corporations Canada published Diversity of Boards of Directors and Senior Management of Federal Distributing Corporations (Report). The Report is the first annual review of “comply or explain” disclosure...more

Dickinson Wright

A Look at New and Recent Fiduciary, Diversity and Corporate Filing Rules for Federal Corporations

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Companies governed by the Canada Business Corporations Act (the “CBCA”) should be aware and mindful of recent amendments to the CBCA related to directors’ and officers’ fiduciary duties and diversity disclosure requirements...more

Bennett Jones LLP

New Diversity Disclosure Requirements for Public CBCA Corporations

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Public corporations incorporated under the Canada Business Corporations Act (CBCA) will soon be required to report the diversity of their directors and senior management....more

Blake, Cassels & Graydon LLP

Additional Diversity Disclosure Required of CBCA Corporations in 2020

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

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