In March, 2021, the Dentons Securities and Corporate Finance group published Dentons 2021 proxy season guide. Almost a year later, we are coming back with the new Guide focusing on the 12 months to February 2022, with some reminders about continuing developments and future matters.

I. New developments

• Adoption of new non-GAAP financial disclosure requirements
• Bill C-25 – proposed amendments to the Canada Business Corporations Act
• Advisory updates: ISS and Glass Lewis
• Adoption of Bill 213, Better for People, Smarter for Business Act, 2020

II. Continuing developments

• Diversity

III. Upcoming developments

• Amendments to National Instrument 51-102 – Continuous Disclosure Obligations
• Changes to climate disclosure
• Ontario's Capital Markets Act
• New self-regulatory organization to replace MFDA and IIROC

IV. Possible developments

• Recommendations from the Capital Markets Modernization Taskforce Final Report
• Conclusion of consultations on corporate governance amendments to the CBCA

Please click here to access the Dentons 2022 Proxy Season Guide.

* This guide was co-authored by Riley Dearden (Senior Associate), with the assistance from Joel Allen, Ana Cherniak-Kennedy, Raman Khera and Aisha Tung (Articling Students).