Getting On Board With Women On Boards Continues To Be A Gradual Process, CSA Reports

The number of women on boards of Canadian public companies has steadily risen in recent years; however, the overall process of "getting on board" with the advancement of gender diversity remains a gradual one, as found by the Canadian Securities Administrators (CSA) in their recently published CSA Multilateral Staff Notice 58-312 Report on Sixth Staff Review of Disclosure Regarding Women on Boards and in Executive Officer Positions (Notice). The Notice continues the review, for a sixth year, of "comply or explain" disclosure provided by non-venture public companies concerning the representation of women on boards and in executive positions, as set out in Form 58-101F1 Corporate Governance Disclosure  (Form). For more information on the CSA's previous sets of review, see our October 2019 Blakes Bulletin: Advancement of Women on Boards and in Executive Positions Remains a Work in Progress, CSA Reports.