In light of COVID-19 and the impact it is having on how companies conduct business, the two leading proxy advisors have provided guidance in relation to the pandemic.
![]()
| View Original |
The purpose of this letter is to provide perspectives on topics to be discussed at the May 4, 2020, Investor Advisory Committee (IAC) meeting concerning public company disclosure and shareholder engagement and virtual shareholder meetings in the context of the Covid-19 Pandemic.
![]()
| View Original |
The Canadian Securities Administrators (CSA) announced today it is providing public companies with temporary blanket relief from certain filing and delivery requirements, which are generally tied to the sending of materials for annual general meetings (AGMs).
![]()
| View Original |
Canadian public issuers are grappling with the COVID-19 pandemic and its implications for earnings calls and disclosure. This bulletin highlights certain considerations for earnings calls that prudent management teams of Canadian public issuers should bear in mind as they navigate the next several quarters, which will be far from the norm and subject to higher scrutiny.
![]()
| View Original |
As the novel coronavirus pandemic continues to expand across the globe, it is taking an unprecedented toll on businesses of all stripes. The outbreak coincides with companies’ annual general meeting (AGM) season and the accompanying legally mandated reporting, adding an additional layer of complexity as companies work to meet their obligations to shareholders under circumstances that challenge many aspects of the process.
![]()
| View Original |
Use these three insights to improve remote work in the wake of the pandemic.
![]()
| View Original |
On February 13, 2020, the CSA published a second notice and request for comments (the Second Notice) on a revised version of the proposed NI 52-112 - Non-GAAP and other Financial Measures rule and its companion policy (together, the Proposed Instrument).
![]()
| View Original |
The current pandemic is having an impact on public companies’ current and future financial results, operations and cash flows, as well as the price or value of their securities in the capital markets, leaving many companies asking how to appropriately provide disclosure of the risks associated with COVID-19.
![]()
| View Original |
Use technology, planning and practice to make your announcement run smoothly.
![]()
| View Original |
CFOs must consider what needs to change in how a company operates and what opportunities can be seized during this time.
![]()
| View Original |
In most corporate environments, directors understand that the role of the board is one of oversight. For years, they have heard the governance advice captured by "nose in, fingers out" (NIFO). However, the current COVID-19 pandemic has many directors wondering about how best to discharge their fiduciary duty - to act honestly and in good faith with a view to the best interest of the corporation - and their duty of care - to exercise the care, diligence and skill that a reasonably prudent person would exercise in comparable circumstances.
![]()
| View Original |
Report offers support for companies that have stakeholder-focused governance.
![]()
| View Original |
With the 2020 proxy season well underway, the COVID-19 pandemic has forced many issuers to consider changing their annual shareholders' meeting format from a customary in-person meeting to a virtual setting. Since the beginning of the COVID-19 crisis, specifically between March 1, 2020 and April 14, 2020, we monitored issuers listed on the Toronto Stock Exchange (TSX) and the TSX Venture Exchange (TSX-V) with regards to their 2020 annual shareholders' meetings.
![]()
| View Original |
Social issues move front and centre as ESG funds prove their mettle.
![]()
| View Original |