By Anita Anand and Tegan Valentine Late on September 26, 2016, popular Canadian women’s fashion retailer Aritzia filed the final prospectus for its IPO. The retailer’s C$400 million transaction is generating buzz as the year’s largest Canadian IPO. But it also creates a dual class share structure, which has given rise to a broader debate about… Read More What’s Wrong with Aritzia’s IPO?
By: Susan McArthur Susan McArthur is managing partner of GreenSoil Investments and a corporate director. The mandate of the Canadian Board Diversity Council is to improve diversity on corporate boards. Every year, the CBDC circulates a survey to measure the makeup of Canadian board memberships. The data are compiled into an annual report card that… Read More Boardroom Diversity Isn’t Just How You Look, But How You Think
Women to Make Up 40 Per Cent of Provincial Boards and Agencies by 2019 Link to Original Article: https://news.ontario.ca/opo/en/2016/06/ontario-sets-gender-diversity-targets.html by: Office of the Premier Today, Premier Kathleen Wynne announced new gender diversity targets to ensure more women have the opportunity to reach top leadership positions at provincial agencies and other government organizations. The Ontario government has… Read More Ontario Sets Gender Diversity Targets
At long last, the board of directors for the cooperative securities regulator has been announced. This is another milestone for the cooperative securities initiative. With a board of directors in place, it is hoped that the process towards implementation can move more quickly. The announcement of the board follows on the close of the comment… Read More Capital Markets Regulatory Authority Initial Board of Directors Announced
by Anita Anand Many large firms – Google, Alibaba and Fitbit to name a few — have dual class or multiple voting share structures (MVS) in which the firm issues two or more classes of shares, one to the public and the other to insiders (typically founders, promoters, management, private investors or board members). The shares that… Read More What’s Wrong With Dual Class Shares?