For Immediate Release
November 12, 2015
Regulators Release Detailed Data on Women on Boards and in Executive Officer Positions
Toronto – The securities regulatory authorities in Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Québec, Saskatchewan and Yukon (participating jurisdictions) today published the underlying data used to prepare CSA Multilateral Staff Notice 58-307 Staff Review of Women on Boards and in Executive Officer Positions – Compliance with NI 58-101 Disclosure of Corporate Governance Practices.
The data was compiled from public information filed on SEDAR and includes the name, industry and year-end of the 722 TSX-listed issuers whose disclosure was reviewed by participating jurisdictions; the number of women on each board and in executive officer positions; and details regarding issuers’ disclosure of mechanisms, policies, targets and considerations made for women on boards and in executive officer positions.
“Providing this data reflects our commitment to transparency and is intended to encourage further dialogue on the representation of women on boards and in senior management positions,” said Louis Morisset, Canadian Securities Administrators Chair and President and CEO of the Autorité des marchés financiers.
The data has been posted in Excel format on the websites of the participating jurisdictions.
On December 31, 2014, the participating jurisdictions implemented amendments to NI 58-101 Disclosure of Corporate Governance Practices. These amendments are intended to increase the transparency for investors and other stakeholders regarding the representation of women on boards and in senior management positions. On September 28, 2015, the participating jurisdictions published a review of 722 TSX-listed issuers and their compliance with the new disclosure requirements set out in the amendments.The CSA, the council of the securities regulators of Canada’s provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.
For more information:
Ontario Securities Commission
Autorité des marchés financiers
Manitoba Securities Commission
Financial and Consumer Services
Commission, New Brunswick
Nova Scotia Securities Commission
PEI Securities Office
Office of the Attorney General
Office of the Superintendent of Securities
Newfoundland and Labrador
Office of the Yukon Superintendent
Nunavut Securities Office
Financial and Consumer Affairs
Authority of Saskatchewan