Category: Corporate Governance

CSA’s Light Touch Proxy Advisory Firm Proposal May Disappoint Issuers

May 6, 2014

To address market participants’ concerns about services provided by proxy advisory firms, the Canadian Securities Administrators (CSA) have published for comment proposed National Policy 25-201 Guidance for Proxy Advisory Firms (Proposed Policy). The purpose of the Proposed Policy is to set out recommended practices for proxy advisory firms in relation to the services they provide to their clients and their activities.   In…

2014 Proxy Advisory Voting Guidelines: Proxy Season Highlights

March 3, 2014

  While the Canadian Securities Administrators formulate a policy based approach to address concerns raised about services provided by proxy advisory firms (see our September 2013 Blakes Bulletin: Canadian Securities Administrators to Address Proxy Advisory Firm Concerns), in preparing for the 2014 proxy season, it remains important to be familiar with the latest Canadian voting guidelines as prepared by two of…