On July 30, 2013, the Ontario Securities Commission
(OSC) released Staff Consultation Paper 58-401 Disclosure
Requirements regarding Women on Boards and in Senior
Management. This follows from the Ontario
government's statements regarding broader gender diversity on
boards and in senior management of major businesses,
not-for-profit-firms and other large organizations.
The stated focus of the consultation is advancing the
representation of women on boards and in senior management.
The OSC is seeking feedback from investors, issuers, other
market participants and advisors on disclosure requirements.
The Consultation Paper discusses the status of women on boards
and in senior management in Canada. It also summarizes the
current corporate governance framework under Ontario securities
legislation and the approach to gender diversity disclosure taken
in other jurisdictions (including the United States, Australia,
United Kingdom and several European countries). See also
