Diligent Market Intelligence about how shareholder activism in Canada is changing course.
After a cautious first half of 2025 dominated by settlements, the second half saw activists return to the ballot box, securing board seats through special meeting votes as confidence rebounded.
Victor explained why direct negotiations are increasingly becoming the preferred path for both companies and activists: “Companies and activists are both realizing that direct discussions are in their best interests, as opposed to proxy contests that are time-consuming and costly for both sides.”
As activism adapts to market conditions, Kingsdale continues to lead the way, helping boards navigate uncertainty, mitigate risk, and maintain control in contested situations.
Read the full article
Latest Insights
2024 Canada Proxy Season Review - Boards Under Fire
The 2024 proxy season posed significant challenges for Canadian boards, shareholder activism has surged to unprecedented heights, and shareholder proposals advocated for in-person meetings.
ISS Seeks Feedback on Proposed 2025 Policy Changes (Canadian Market)
ISS has published its one proposed change to its 2025 Canadian Benchmark policies, along with three proposed clarifications. Kingsdale recommends Canadian companies reviewing the changes and considering the submission of comments where applicable. The comment peiod ends 5:00 p.m. ET on December 2, 2024.
ISS and Glass Lewis Seek Feedback for Future Corporate Governance Policies
ISS and Glass Lewis have launched their annual surveys to seek feedback from market participants on corporate governance issues and trends. Kingsdale Advisors encourages companies and their directors to complete this year’s surveys.
When The Stakes Are Highest, Business Leaders Choose Kingsdale
Subscribe to Our Newsletter
* Source: Bloomberg Global Shareholder Activism League Tables FY2025 and LSEG Global Shareholder Activism Review FY2025.
#2025 and 2026 indicate proxy seasons: July 2024 to June 2026.