Stikeman Elliott can assist with the
secure and confidential collection of enhanced diversity
information from directors and senior management for the purposes
of annual proxy circular disclosure.
Effective January 1, 2020,
amendments to the Canada Business Corporations
Act (CBCA) require that CBCA-incorporated distributing
corporations (i.e., public companies) include prescribed diversity
disclosure in their annual proxy circulars. While the disclosure
requirements generally mirror those that were
implemented under National Instrument 58-101
Disclosure of Corporate Governance Practices in 2014, the
addition of new "designated groups" raises questions as
to how this information should be collected.
