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voting

By McCarthy Tétrault LLP | 3 Minutes Read April 24, 2020

ISS and Glass Lewis provide guidance in response to the COVID-19 pandemic

Each of Institutional Shareholder Services (ISS) and Glass Lewis recently published their insights on the impact that COVID-19 will have on corporate governance and provided guidance on what effect the pandemic may have on the application of some of their voting policies for the upcoming 2020 proxy season. Many of the global policy statements in these publications have relevance and implications for Canadian issuers, which we have summarized below.

Article by McCarthy Tétrault LLP / Business / annual meetings, board of directors, COVID-19, executive compensation, shareholder voting, shareholders, virtual annual meetings, voting

By Marie-Yosie Saint-Cyr, LL.B. Managing Editor | 2 Minutes Read October 16, 2019

Employer obligations and the right to vote

The Canadian federal election is scheduled for October 21, 2019. Under the Elections Act (Canada), Canadian citizens who are at least 18 years of age have the right to vote.

Article by Marie-Yosie Saint-Cyr, LL.B. Managing Editor / Employee Relations, Employment Standards, Payroll / consecutive hours for voting, Elections Act, employment law, voting, voting hours

By Apolone Gentles, JD, CPA,CGA, FCCA, Bsc (Hons) | 5 Minutes Read April 11, 2016

Non-profit members and directors must adhere to corporate statutes and by-laws

The relationship between non-profit members and directors is sometimes akin to the relationship between parents and their newly-licensed teen-aged drivers. The key to the family car grants the teenager new freedoms, but sometimes, a parent’s only option is to reclaim the key. Members elect or appoint directors, delegating to them the power to manage the corporation. Corporate statutes and by-laws restrict the ability of members to participate in the management of the corporation once the directors hold the reins. Often, the only way for members to effect changes that the board opposes, is to reclaim the reins, by removing existing directors and appointing more amenable ones. http://canlii.ca/t/gh81g" target="_blank">Vaughan Community Health Centre Corporation v Annibale (2015 ONSC 2559 (CanLII)), recently examined the roles of members and directors, and the importance of adhering to corporate by-laws and statutes.

Article by Apolone Gentles, JD, CPA,CGA, FCCA, Bsc (Hons) / Business, Not for Profit / boards, by-laws, Canada Not-for-profit Corporations Act, charities, corporate governance, directors, members, members' meetings, non-profits, Ontario's Corporations Act, Ontario's Not-for-Profit Corporations Act, registered charity, resolutions, voting

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