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Industry committee  CCGG's in favour of broad forms of diversity, both at the board as well as in senior management. That's my five seconds' worth.

February 16th, 2017Committee meeting

Stephen Erlichman

Industry committee  At CCGG, we've advocated for many, many years the use of what's called a board skills matrix. It's not just skills, though. It deals with what the requirements are for a board and what experiences are necessary on a board. That includes age, among other things. When we talk to in

February 16th, 2017Committee meeting

Stephen Erlichman

Industry committee  Thank you very much. My thought was that we should have an external stakeholder advisory committee that would look at the legislation and give suggestions for the legislation. I don't see any reason why that should happen any less often than every five years, or at the very most

February 16th, 2017Committee meeting

Stephen Erlichman

Industry committee  The Toronto Stock Exchange majority voting listing rule was adopted in 2014. In effect, it's a majority voting policy that CCGG published in 2006. It took eight years for the TSX to adopt the rule after CCGG published it. The TSX rule applies only to TSX companies, as Catherine s

February 16th, 2017Committee meeting

Stephen Erlichman

Industry committee  If there need to be words to tweak what it says, we're okay with that, but the principle, majority voting for directors, needs to be there.

February 16th, 2017Committee meeting

Stephen Erlichman

Industry committee  Again, the answer would be no. Eight years is too long. That's one of the reasons we suggested the stakeholder advisory committee.

February 16th, 2017Committee meeting

Stephen Erlichman

Industry committee  CCGG recognizes that Bill C-25 currently reflects changes to the CBCA where there's a perceived consensus among the comments received during the previous round of consultations. However, CCGG has identified the following three additional corporate governance issues that require f

February 16th, 2017Committee meeting

Stephen Erlichman

Industry committee  Thank you very much. Mr. Chair, members of the committee, thank you for inviting the Canadian Coalition for Good Governance, colloquially referred to CCGG, to present to you on the topic of Bill C-25. My name is Stephen Erlichman. I'm the executive director of CCGG. With me is C

February 16th, 2017Committee meeting

Stephen Erlichman