In preparing for the 2019 proxy season, you should be aware of
some regulatory changes and institutional investor guidance that
may impact disclosure to, and interactions with, your shareholders.
This update highlights what is new in the 2019 proxy season.
What's new in institutional investor commentary
Glass Lewis & Co. ("Glass Lewis") and
Institutional Shareholder Services ("ISS"), two companies
that advise institutional investors on how to vote at shareholder
meetings of publicly traded companies, have each released updates
to their Canadian guidelines for the 2019 proxy season. ISS's
updates apply for shareholder meetings held on or after February 1,
2019 and Glass Lewis' updates apply to all meetings held in
2019.
