This press release from a Toronto law firm explains one little-noticed element of the budget released yesterday by Canada’s federal government. The move will focus on disclosure to attempt to improve gender diversity on Canadian corporate boards. >>>
The budget announcement suggests that the amendments to the CBCA to promote gender diversity in public companies will impose requirements that are consistent with the amendments to the comply-or-explain disclosure model under National Instrument 58-101 – Disclosure of Corporate Governance Practices recently adopted by the
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