Bulletin

Navigating Gender Diversity in 2019

Chapter 6 of Davies Governance Insights 2019

Canadian public companies remain under sustained pressure to improve gender diversity. In this chapter, we provide a snapshot of the current state of gender diversity among Canadian public companies, which reveals meaningful progress on a number of diversity-related metrics. We also explore how institutional investors continue to incorporate diversity-related guidelines into their voting decisions; with increased investor attention on promoting gender diversity, in 2019, for the first time in Canada, a majority of investors voted in favour of a shareholder proposal relating to gender diversity. We also discuss the ever-expanding framework of gender diversity–requirements and guidelines from corporate and securities regulators, the Toronto Stock Exchange, proxy advisers and governance watchdogs, and provide practical tips on how boards and senior management can continue making headway in increasing diversity.

Download the full chapter.


This chapter appears in the 2019 edition of Davies Governance Insights, our comprehensive annual report on the trends and issues most important to Canadian public companies.

Download the complete report.

Related

Deadlines Under Federal Legislation Temporarily Extended Due to COVID-19

Sept. 24, 2020 - Introduction Parliament passed on July 27, 2020, the Time Limits and Other Periods Act (COVID-19) (Time Limits Act), which we summarized in a previous bulletin. Briefly, the Time Limits Act automatically suspends statutory time limits for federal civil proceedings for six months and...

The Times They Are A Changin’ Canadian Privacy Law in the Private Sector

Sept. 18, 2020 - When privacy laws for the private sector were in their infancy in Canada, more than 20 years ago, there was no Internet of Things, Facebook was FaceMash and limited to the Harvard campus, and Google was a toddler. In 2020 there are on average 4 billion Google searches a day, Facebook has more...