Corporate governance - Vigil

TMX Group Ltd. is heeding the call of an investor to take a stand on Indigenous inclusion – a move that will spark change across this country’s capital markets.

Canadian electric vehicle company Lion Electric on Friday said it had selected Illinois as the location for its new U.S. manufacturing plant, promising to invest at least US$70 million and create about 750 jobs over the next two years.

In a hearing focused on the frenzied trading of GameStop stock, the new S.E.C. chairman suggests more disclosure is needed.

It’s been a challenging year for all board committees, but compensation committees in particular are facing unique complexities. Whether it’s determining how to reward performance in a pandemic year or developing ESG goals and metrics for next year’s executive pay package, compensation committees will have their hands full in the months ahead.

Desjardins Group , Quebec’s biggest financial institution, has named Jimmy Jean its chief economist and strategist – tapping a young but seasoned forecaster as one of its most public faces as it seeks to expand in the rest of Canada.

Under investigation by Canada’s top securities watchdog and removed from his $2-billion fund manager, Bridging Finance Inc. chief executive officer David Sharpe admits his company needs to beef up its investor disclosures, but says he is mystified by the move to put his company under the control of a receiver.

Compensation committees decided the crisis wasn't the bosses' fault, so they shouldn't suffer the consequences

Neodymium is critical to making the wheels of a Tesla spin or creating sound in Apple’s Airpods, and China dominates the mining and processing of this rare-earth element. So the U.S. and its allies are building their own supply chain.

Among the reasons potential workers are holding back: fear of getting Covid, lack of child care and enhanced unemployment benefits

Top ranks of the profession are still overwhelmingly dominated by men

Throughout 2020, Asia’s success in controlling Covid-19 made it the champion of the world economy. While Europe and the US were mired in deep recessions, much of Asia escaped with a shallower downturn or even kept growing. But as western economies gear up for a vaccine-induced rebound which is set to take their output back to its pre-pandemic scale by the end of this year, parts of Asia are still paralysed by coronavirus.

Numbers released this week by Statistics Canada show Alberta’s GDP shrank 8.2 per cent in 2020. The next hardest hit were Quebec and Newfoundland and Labrador, with economic retreats of 5.3 percent. Canada’s economy as a whole shrank 5.3 percent.

"Respect of human rights" will be included in the section of the guidelines dealing with sustainability. The planned language will call on boards to view human rights as an important management issue and think more about how to tackle the matter "proactively."

Tariq Fancy says ESG detracts from real efforts to address climate change

Even with vaccines, many older people and their relatives are weighing how to manage at-home care for those who can no longer live independently.

A controversial new law in California requires publicly traded companies headquartered in the state to include at least one woman on their board of directors. Supporters of those types of laws even contend that gender quotas could boost firm profitability. However, the literature indicates that gender quotas are unlikely to enhance firm performance. What is also shocking is that research argues that quotas may actually be damaging to the presumed goal of increasing the role of women on corporate boards.

Canada’s largest law firm Borden Ladner Gervais LLP is scooping up Toronto-based AUM Law Professional Corp. as it looks to boost its alternative legal services for some of the world’s biggest money managers.

Mark Bristow, Barrick Gold Corp.’s chief executive officer, is ruing a lost opportunity to buy a large United States copper miner at a bargain basement price, and is now opening the door to a merger with great rival Newmont

Canada’s market for initial public offerings has shaken off recent investor fears and is set to roar back, with at least 15 issuers preparing to go public in the next few months on the Toronto Stock Exchange.

Under an agreement between Britain and the eu, French fishermen must acquire licences to fish in Jersey’s waters. To get them, they must provide data showing that they were doing so for five years before the referendum in 2016.

Budweiser brewer Anheuser-Busch InBev SA appointed the head of its North American business as its new chief executive, tapping a company veteran to reinvigorate sales growth and lead it out of the pandemic.

Germany is to raise its target for reducing carbon emissions by 2030 from 55 per cent to 65 per cent, after the country’s supreme court said its previous climate goals were not ambitious enough.

After one of the biggest economic meltdowns in Latin American history, there are signs that Venezuela may finally be turning a corner.

La société à mission (SAM) est le grand sujet du moment dans le débat sur la transformation des entreprises : gadget ou gageure ?