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Federal government proposes changes to corporate law: what it means for corporate governance and shareholder activism

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Sep 28, 2016

On September 28, 2016, Canada’s federal government introduced a bill proposing amendments (the Amendments) to the Canada Business Corporations Act (CBCA), among other acts.

The Amendments include new requirements for electing directors, mandatory diversity disclosure, and changes to shareholder communications. These proposed changes, if enacted, will have significant effects on corporate governance and shareholder activism in Canada.

Review a summary and the Amendments.

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