Shareholder activism is already up 28% in Canada’s 2026 proxy season, with growing retail participation influence beginning to shape governance outcomes and record meeting requisitions placing early pressure on boards. Our Early Insights report breaks down where activism is concentrating, how governance risk is evolving, and what boards need to prepare for now.
- 50 shareholder activism campaigns launched to date, with micro-cap issuers representing 52% of activity
- Retail shareholders entering the governance equation, including proposals tied to participation and AGM transparency
- Boards as the primary battleground, with 54% of campaigns board related
Download Now
Please provide your details to receive the report by email.
Latest Insights
2021 Proxy Season Review
Activism is a year-long event, and in 2021, Canadian issuers were subject to the most proxy contests since 2013 as activists sought to make big changes in boardrooms.
ISS Releases Proposed 2022 Proxy Voting Policy Updates, Opens Comment Period
On Nov. 4, 2021, influential proxy advisory firm Institutional Shareholder Services Inc. (“ISS”) released proposed updates to its main benchmark proxy voting policies in multiple regions, including Canada and the U.S.
2021 Proxy Season Snapshot: Pay, Performance and Public Outcry
How COVID-19 Put a Spotlight on Executive Pay and Performance.
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.