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Insights

Geopolitical Risk Is No Longer a Black Swan Event, It's a Boardroom Priority

Most boards can quantify their exposure to interest rates, but few can quantify their exposure to geopolitics, and investors are starting to notice the gap. Find out how to prepare your board for a world where geopolitical risk has become a governance priority.

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Back to Basics vs. Emerging Risks: The Two Questions Defining Canada's Boardrooms

For years, directors have navigated what many have described as the "Canadian director's dilemma," balancing the interests of shareholders alongside an expanding set of stakeholders. Canada's prosperity over the next decade may ultimately be shaped by two defining questions.

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Aaron Boles on The Corporate Governance Podcast

Kingsdale President, Aaron Boles, joins The Corporate Governance Institute's Dan Byrne to discuss 2026 proxy season trends in Canada. Listen in for what boards should take away from this year's proxy season, from activism to ESG to AI.

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Insights
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News

Wes Hall on What Boards Must Do Before the CUSMA Review

Kingsdale Advisors Founder and CEO Wes Hall is featured in the March/April 2026 edition of ICD's Director Journal, weighing in on one of the most consequential questions facing Canadian business leaders right now: what should boards be doing before the CUSMA review?

Wes, who sits on the Prime Minister's Council on Canada-U.S. Relations, is direct about where things stand. Free trade with the United States, as we have known it, is likely over. What comes next will be a trade agreement, but not a free one. For boards that have been operating on the assumption that North American trade will eventually return to normal, that distinction should be a wake-up call.

The article lays out a clear-eyed framework for directors navigating this shift. That means modelling downside scenarios beyond CUSMA, rethinking supply chains, and preparing for permanently higher tariffs not as a temporary disruption, but as the new baseline. The boards stress-testing these scenarios today will be far better positioned than those waiting to see how negotiations unfold.

As Wes puts it, “It has to be baked in now. We can't just hope and pray.”

The piece also addresses the broader structural challenge facing Canadian companies, including the urgent need to diversify trade relationships, reduce dependence on the U.S. market and build the kind of world-class businesses capable of competing globally. The message throughout is consistent: complacency is no longer an option.

Read the full article, “A Playbook for Tariffs and Uncertainty: What Directors Should Do Before the CUSMA Review,” in ICD’s Director Journal.

Directors looking for strategic advice to get ahead of what could be a very different trade landscape by year's end, please email strategy@kingsdaleadvisors.com.

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Latest Insights

News
2.27.2024

Kingsdale Clients Shine in The Globe's 2024 Board Games Rankings

The prestigious 2024 Board Games rankings, published by The Globe and Mail’s Report on Business, is out, and Kingsdale is proud to celebrate our clients' remarkable success.

2024
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News
2.25.2024

CSA To Provide Temporary Relief for Proxy Material Delivery Amid Postal Disruption

CSA announced it will introduce temporary measures to address challenges caused by Canada Post service disruption. These measures will allow reporting issuers to use alternative methods for delivering proxy-related materials for annual meetings, ensuring shareholders can continue to access key information and vote effectively.

2024
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News
2.15.2024

Kingsdale Advisors Hosts Client Appreciation Breakfast

Kingsdale Advisors hosted a Client Appreciation Breakfast - an event dedicated to celebrating the invaluable partnerships we’ve built with our clients over the years. The event featured an engaging fireside chat, led by our Chairman & CEO, Wes Hall, ICD.D and esteemed guest speakers, Michelle O’Bonsawin.

2024
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When The Stakes Are Highest, Business Leaders Choose Kingsdale

Business district aerial

When The Stakes Are Highest, Business Leaders Choose Kingsdale