2015 Trends - Business Law

Regulation 58-101 respecting disclosure of corporate governance practices 

On December 31, 2014 the final version of Regulation 58-101 respecting disclosure of corporate governance practices (the "Regulation") including Schedule 58-101A came into force in the following jurisdictions: Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Quebec and Saskatchewan (the "Participating Jurisdictions"). 

Thus, the continuous disclosure documents of reporting issuers in those jurisdictions must provide information annually on the following:

• the term limits and other mechanisms of renewal of the board of directors;
• written policies on the representation of women on the board of directors;