Financial Post – Canadian companies have spent billions in recent years buying back their own shares with little pushback from Parliament Hill, but that could soon change as some of those same firms line up for federal bailouts.
The Globe and Mail – As we head into proxy season – the time of year when most companies hold their annual general meetings – shareholders at publicly listed corporations will be asked to vote on how the board has decided to compensate its C-suite. This year, those votes will be overshadowed by the COVID-19 public health and economic crisis, and they will be different in two fundamental ways.
Responsible Investor – Concerns with decent work, inclusion, productivity and sustainable business practices are unavoidable when a corporation is faced with economic challenges that test its resilience. That’s not a distraction from the crisis – it’s the solution to our recovery.
SHARE’s CEO, Kevin Thomas, provides an update on measures our organization is taking in response to COVID-19, as well as preparation for its economic aftershocks.
Mondaq – Concerns over the Coronavirus have prompted issuers to examine whether to hold their upcoming shareholder meetings through electronic means, a format that has seen remarkably slow adoption in Canada.
18 Asset Management will be joining more than 50 institutional investors from across Canada with combined assets under management of $23 billion who participate in SHARE’s engagement program.
SHARE’s latest research questions liabilities related to Canada’s oil sands tailings reclamation and the potential to impact expenditures, the value of assets, access to capital, and overall financial condition of companies.
SHARE has written to the US Securities Exchange Commission with concerns about proposed rules that will disenfranchise smaller and main street investors by limiting shareholder proposals
These are tumultuous times at the US Securities Exchange Commission (SEC) as the agency undertakes efforts to revise rules governing shareholder rights and corporate accountability. The SEC has proposed extensive changes resulting from concerted corporate lobbying effort aimed at Trump appointees to the SEC to roll back investor protections and insulate CEOs from accountability to shareholders.