Participating Canadian securities regulatory authorities have published the results the tenth annual review of disclosures relating to women on boards and in executive officer positions, CSA Multilateral Staff Notice 58-317 Review of Disclosure Regarding Women on Boards and in Executive Officer Positions (Year 10 Report)
The findings summarize the corporate governance disclosures of 574 non-venture issuers and have been published by securities regulatory authorities in Alberta, Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Quebec, Saskatchewan, and Yukon (the participating jurisdictions).
Key highlights include:
- Twenty-nine per cent of board seats were held by women this year, compared to 27 per cent last year and 11 per cent in year one.
- Ninety per cent of issuers had at least one woman on their board this year, compared to 89 per cent last year and 49 per cent in year one.
- Seventy-two per cent of issuers had at least one woman in an executive officer position this year, compared to 71 per cent last year and 60 per cent in year one.
- The percentage of board vacancies filled by women decreased from 43 per cent last year to 37 per cent this year.
CSA Multilateral Staff Notice 58-317 Review of Disclosure Regarding Women on Boards and in Executive Officer Positions (Year 10 Report) is available for download from the websites of the participating jurisdictions.
For more information, please call Barbara Hendrickson at BAX Securities Law (647) 403-4606.
This publication is not intended to constitute legal advice. No one should act on it or refrain from acting on it without consulting with a lawyer. BAX does not warrant or guarantee the accuracy or currency or completeness of the publication. No part of this publication may be reproduced without the prior written permission of BAX Securities Law.
