Federal Statute Reform and Corporate Transparency and Diversity

By Anita Anand.

The Government of Canada is proposing reforms to federal statutes, including the Canada Business Corporations Act, relating to the composition of boards of directors and in particular the gender complement on boards. This approach appears to be generally consistent with that of the Province of Ontario and the Ontario Securities Commission in supporting change in the composition of boards. More later on the precise content of the proposed reforms.

http://m.marketwired.com/press-release/government-canada-introduces-bill-promote-corporate-transparency-diversity-2162359.htm