By: Karen Cooper As part of a legislative package intended to promote corporate transparency and diversity, 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 (“Bill C-25”) introduces changes to various federal corporate laws. The main purpose of Bill C-25 […]
Why Boards Should Not Allow Directors to Take a Leave of Absence
by: Sylvie Lalonde When people agree to join a board of directors, it is usually because they have an interest in or passion for the work of the organization. Most directors want and are committed to fulfilling their duties and responsibilities, including devoting the time to fully prepare for, regularly attend and participate in board […]
Spring cleaning
By: C. Yvonne Chenier, Q.C Organizations that have Annual General Meetings at this time of the year look forward to new beginnings and welcoming new board members. Well-managed organizations also take stock, do a bit of spring cleaning, and have an eye on the risks that they can or should be managing. Those eager new […]