As set out in National Instrument 58-101 Disclosure of Corporate Governance Practices, non-venture reporting issuers in Alberta are required to provide annual disclosure in their proxy circular or annual information form about representation of women on their boards and in executive officer positions, and other related disclosure requirements....

To achieve parity, new or vacant positions need to be filled by women candidates at least half the time. Canadian companies are getting close – and the rate at which women were added to boards this year is higher than reported in any of our prior reports...

As of May 31, 2023, approximately 1,776 issuers were listed on the TSX, of which approximately 744 were subject to the disclosure requirements. The data summarized in this report is based on a review sample of 602 issuers that had year-ends between December 31, 2022 and March 31, 2023 (Year 9) ...

Forward-looking boards recognize the challenge. Board skills matrices and director succession plans continue to evolve. Indeed, we are seeing more NXD specifications calling for experience and currency in enterprise and operational transformation, technology, digital innovation, growth markets...

Under the Canada Business Corporations Act (CBCA), distributing corporationsFootnote 1 (including venture issuersFootnote 2) must report to shareholders and Corporations Canada on the representation of women, Indigenous peoples (First Nations, Inuit and Métis), members of visible minorities and persons with disabilities on their boards of directors and among their senior management....

Many boards are thinking carefully about attaining the right balance between youth and experience for today’s fast-changing strategic context. For many, the accelerating shift into the digital era demands the appointment of younger directors in their early 40s or 50s. That, in turn...

To create diversity of thought, gender diversity is still the most commonly cited (88%). But the percentage saying the same about racial/ ethnic diversity is not far behind at 83%. This reflects a 6-point increase since 2019. Directors are also likely to say that diversity of age and board tenure (79% and 74%, respectively) ...

The Alberta Securities Commission (ASC) data of the of the 8th annual review of disclosures relating to women on Boards and in executive officer positions for 116 TSX listed Alberta based companies. Women hold 23% of board positions in Alberta, an increase from 21% in 2021 and 8% in 2015...

The Canadian Securities Regulators (CSA) 8th annual review of disclosures relating to women on Boards and in executive officer positions: 24% of Board seats are held by women (increase of 2% since last year), the percentages of board vacancies filled by women increased 10% - from 35% last year to...

After eight years, the change to board composition in Canada is now obvious and widespread as Canadian boards have surpassed several important diversity milestones on their journey to include more diverse perspectives in decision-making at senior levels within the organization...