CSA Proposes To Expand Diversity Disclosure

The Canadian Securities Administrators (CSA) are currently seeking public comment on proposed amendments and changes to the disclosure requirements for reporting issuers not listed on the TSX Venture Exchange or the Canadian Securities Exchange. The CSA is proposing to amend Form 58-101F1—Corporate Governance Disclosure (Form 58-101F1) of National Instrument 58-101—Disclosure of Corporate Governance Practices (NI 58-101) and to make changes to National Policy 58-201—Corporate Governance Guidelines (NP 58-201)—collectively referred to as the "Proposed Amendments". The Proposed Amendments relate to disclosure regarding board and executive officer diversity, board renewal and director nomination processes.