In a recent interview with The Deal by S&P Global, Kingsdale’s EVP of Governance Advisory Victor Li shared early insights from the 2026 proxy season in Canada. Activism is on the rise, with campaigns up 28 percent year over year, M&A driven activity already exceeding last year’s totals, and governance proposals increasing by 135 percent. These trends point to a more active and complex environment for boards and management teams.
At the same time, outcomes are beginning to shift. Management teams are now slightly ahead of dissidents in wins, a reversal from last year’s results. This change reflects the impact of stronger preparation and a more proactive approach to governance. Boards that invest early in readiness and shareholder engagement are better positioned to navigate activism and achieve successful outcomes.
Read the interview
Latest Insights
Kingsdale Advisors Recognized as #1 Proxy Firm for Average Market Cap for Issuer Representation
Kingsdale Advisors was recognized as #1 proxy firm by Insightia for Average Market Cap for Issuer Representation.
Glass Lewis 2023 Policy Guidelines
Glass Lewis has released its 2023 Policy Guidelines for the Canadian market as part of its annual proxy voting policy update process. These guidelines will be effective for shareholder meetings held on or after January 1, 2023.
ISS 2022 Annual Global Benchmark Policy Survey
Institutional Shareholder Services Inc. (“ISS”) is seeking feedback from market participants on corporate governance issues and trends, with responses informing their main benchmark policy for 2023.
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.