Tag Archives: Canada Business Corporations Act

Majority voting plans spark a plurality of opinions

The federal government is now well down the road toward amending the Canada Business Corporations Act to enshrine majority voting into law. But the plan has its critics, and they’re still determined to be heard
By Jim Middlemiss
May 17th, 2017

While Canada lags the world when it comes to majority voting laws for directors, that gap appears to be on the brink of major change. Everyone from the TSX, which recently issued new guidance on its majority voting policy, to … Continue reading

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Whose company is it, anyway?

In the U.S., it’s been a big year for proxy access—a process allowing shareholders to nominate directors on equal terms with the board and CEO. Now the Canadian Coalition for Good Governance and its members want to make it the norm here
By Robert Thompson
July 24th, 2015

Stephen Erlichman says he doesn’t understand the controversy, but he fully recognizes it is there nonetheless. In May, the Canadian Coalition for Good Governance, a lobby group that Erlichman leads as executive director, published a report [pdf] insisting shareholders should … Continue reading

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Business with purpose

Pending the results of an Industry Canada review, benefit corporations—for-profit businesses using the power of business to solve social and environmental problems—could soon be legally entrenched
By Sandra Odendahl
October 30th, 2014

Last December, when the federal government launched a review of the Canada Business Corporations Act (CBCA), topics like shareholder rights and executive compensation grabbed much of the spotlight. But among potential changes that might have the biggest lasting impact, consider … Continue reading

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