Proxy Alerts
SHARE issues proxy alerts highlighting key issues in selected up-coming votes. These alerts provide background information on shareholder proposals and SHARE’s voting recommendation.
- 2012
MEDAC’s Proposal for Gender Parity on Canadian Corporate Boards
Shareholders at Industrial Alliance Insurance and Financial Services and Quebecor are invited to support a shareholder proposal that each company's board of directors achieve gender parity within the next decade.
Shareholder Challenges Cenovus’ Triennial Say on Pay
A proposal filed by Meritas SRI Funds asks that Cenovus Energy Inc. hold its advisory vote on executive compensation annually rather than every three years.
Shareholder Proposes Performance Hurdles for Stock Option Vesting
MEDAC proposes that the stock options granted to executives have performance conditions for vesting so that they are more likely to reward good performance and less likely to reward tenure and fortunate timing.
- 2011
Shareholder Concerned About Risks to Company of Poor Labour Relations
An Alimentation Couche-Tard shareholder asks the company to adopt a policy indicating its respect for freedom of association and collective bargaining.
Shareholder Proposes Governance Rules for a Dual-Class Company
MEDAC proposes that Power Corporation of Canada (Power) adopt a suite of governance rules aimed at “ensuring that minority shareholders have a reasonable impact on the corporation’s future and on its good governance.”
Majority Voting for Directors
Shareholder proposal asks European Goldfields to implement majority voting in uncontested director elections.
MEDAC Continues to Press Banks on Executive Compensation
Shareholder proposal asks for enhanced disclosure by bank boards of the selection and use of peer compensation data in their executive pay decisions.
- 2010
Unwinding the Dual Class Capital Structure at Magna
This Proxy Alert addresses a proposal from Magna’s management to unwind the company’s dual class share structure.
Desmarais Controlled Companies Challenged on Board Interlocks
Proposal: Limit Interlocks, Improve Independence on Power Boards
Say on Pay - Methanex Corporation
Proposal: Advisory Vote on Executive Compensation