Progress towards amending the Canada Business Corporations Act continues with Bill C-25 receiving Royal Assent on May 1. The amendments are aimed, in part, at greater alignment between the CBCA and Canadian securities laws, TSX rules and certain international best practices. Key reforms affecting public CBCA corporations are diversity disclosure, majority voting requirements and internet posting of meeting materials (notice-and-access).
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Corporate executives and activist shareholders rarely see eye to eye, but an attorney for the latter says activists can help improve company performance.
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CIRI is pleased to announce that Business Wire will continue as National Strategic Partner for the eighth consecutive year. This ongoing partnership demonstrates Business Wire’s dedication to supporting the association’s efforts in advancing the investor relations profession.
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The era of stand-alone sustainability strategies, with subsequent integration of sustainability into company strategy, needs to end; the creation of resilient business strategies that take sustainability as their foundation needs to begin.
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Bill C-25, (the "Bill"), which proposes amendments to the Canada Business Corporations Act (the "CBCA"), was passed by the House of Commons on June 21, 2017 and is currently in the final stages of the legislative process.
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On April 5, 2018, the Canadian Securities Administrators (CSA) published CSA Staff Notice 51-354 Report on Climate change-related Disclosure Project, which reports the findings of their project to review disclosure by reporting issuers of risks and financial impacts associated with climate change.
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