This piece was updated on April 2, 2020, to include updates
from Ontario and British Columbia.
Canadian public companies typically look to their federal or
provincial governing statutes for timeline requirements regarding
their annual general meeting (AGM). Generally, business corporation
legislation requires an AGM to be held within 15 months of the last
preceding AGM. Certain legislation, such as the Canada Business
Corporations Act (CBCA), also imposes a requirement that an
AGM be held within six months of the corporation's financial
year-end. Companies listed on the Toronto Stock
Exchange (TSX) are also required to hold an AGM within six months
of the company's financial year-end. Due to a number of issues
arising from the ongoing COVID-19 pandemic, including social
distancing requirements, corporate regulators have issued
statements that may affect typical regulatory and statutory
requirements surrounding timing of an issuer's AGM, depending
on an issuer's