Notice – Bill C-25 proposed regulations
On September 28, 2016, Bill C-25 An Act to amend the Canada Business Corporations Act, the Canada Cooperatives Act, the Canada Not-for-profit Corporations Act and the Competition Act was introduced in the House of Commons. Some of the proposed amendments, which affect distributing corporations and cooperatives, will require regulations to provide for, among others:
- the election of directors, including individual voting and voting for and against
- notice and access for documents, including financial statements, required for shareholder meetings
- disclosure of diversity amongst directors and members of senior management.
Consult the Bill C-25 proposed regulations and the Explanatory note on proposed regulatory amendments for more details.
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