Julie Robinson in Taxnet Pro™ | Toward More Transparency: 3 More Key Changes to the Canada Business Corporations Act (CBCA)
September 13, 2019
By Julie Robinson, at McInnes Cooper
Public companies incorporated under the Canada Business Corporations Act (CBCA) escaped the new “register of individuals with significant control”requirement that applies to private CBCA companies as of June 13, 2019, but they’re facing changes too. The changes reflect ongoing efforts to modernize the CBCA and increase corporate transparency, which could also have the effect of enhanced shareholder engagement. In her article, Toward More Transparency: 3 More Key Changes to the Canada Business Corporations Act (CBCA), as published by Thomson Reuters’ Corporate Tax Centre on Taxnet Pro™ (PDF), McInnes Cooper Corporate Finance & Securities Lawyer Julie Robinson takes a look at three (more) key changes to the CBCA that affect public CBCA corporations including shareholder “say on pay”, greater shareholder reporting – including diversity reporting – and codification of the Supreme Court of Canada’s decision in BCE Inc. If you have a subscription to Taxnet Pro™, you can read the article here. If you don’t have a subscription and want to see the subscription options, please go to http://www.gettaxnetpro.com/.
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