Institutional Shareholder Services (ISS) and Glass, Lewis & Co. (Glass Lewis) have both released updates to their respective Canadian proxy voting guidelines for the 2021 proxy season. The ISS updates apply to shareholder meetings of publicly traded Canadian companies occurring on or after February 1, 2021, while the Glass Lewis updates apply to meetings that are held on or after January 1, 2021.
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The Canadian Securities Administrators (CSA) today published guidance for issuers and insiders on the establishment, use and disclosure of automatic securities disposition plans (ASDPs). ASDPs enable insiders to make preplanned sales of securities of an issuer through a dealer or an arms-length administrator, according to a predetermined schedule and set of instructions.
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There were a number of significant developments in the corporate and securities landscape in Canada in 2020 arising from regulatory amendments, pending proposals and the impact of the COVID-19 pandemic. These changes will have an impact on a variety of capital markets participants, including reporting issuers, investors and dealers. Notwithstanding the impact of the COVID-19 pandemic on the Canadian economy, regulatory initiatives continued to advance through 2020. In particular, the Canadian Securities Administrators (the CSA), the umbrella organization of the provincial and territories securities regulatory authorities, has continued to implement and propose changes seeking to "reduce the regulatory burden" on capital markets participants.
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Members of the second annual All-Canada Executive Team discuss the biggest challenges and toughest decisions their companies faced in 2020.
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They made big public commitments on expanding equality for underrepresented groups, but companies have done that before. How the new year can be different.
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The Biden administration may push for rules that require companies to clearly spell out climate-change related risks, as well as other sustainability metrics.
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The purpose of this consultation paper (the Consultation Paper) is to facilitate discussion of concerns relating to activist short selling and its potential impact on Canadian capital markets.
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Key changes to the Exchange's most popular go-public vehicle aimed at deal makers
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