Canadian securities regulators release data regarding women on boards and in executive officer positions
Oct 02, 2019
On October 2, 2019, the securities regulatory authorities in Alberta, Manitoba, New Brunswick, Nova Scotia, Ontario, Québec and Saskatchewan (the participating jurisdictions) published CSA Multilateral Staff Notice 58-311 "Report on Fifth Staff Review of Disclosure Regarding Women on Boards and in Executive Officer Positions".
Key trends from this year’s review include:
- The total number of board seats occupied by women increased to 17 per cent in 2019, compared to 11 per cent in 2015.
- Seventy-three per cent of issuers had at least one woman on their board, an increase from 49 per cent in 2015.
- When board vacancies were filled, a third of those positions were filled by women.
- Five per cent of issuers had a female chair of their board.
- Half of issuers adopted a policy relating to the representation of women on their board, representing a significant increase since 2015.
Review the press release on the CSA's website and the Staff Notice on the participating jurisdictions' website.
