Post-Proxy Season Celebration: Kingsdale Advisors Honours Its Team's Hard Work

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.

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.

This year, Canadian targets were subject to 35 proxy contests – the lowest since 2017, while activists wrestled the win rate back in their favour with 52% and gained increasing support from proxy advisors and institutional investors.