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Diversity Disclosure Practices in corporate Canada: New requirements, but has progress been made in 2020?

October 2020

Osler’s sixth annual comprehensive report on diversity disclosure practices now covers disclosure by TSX-listed companies and Canada Business Corporations Act (CBCA) corporations subject to diversity disclosure requirements. New disclosure requirements under the CBCA were added this year regarding visible minorities, Aboriginal peoples and persons with disabilities. Our 2020 Diversity Disclosure Practices – Diversity and leadership at Canadian public companies report reveals some progress overall in terms of women on boards – but there is plenty of work to be done in many other areas. According to the report, while there has been a slight increase in the percentage of women on boards at TSX-listed companies, the rate at which women are being appointed to fill newly created or vacated board seats declined slightly.

Diversity Disclosure Practices 2020 provides an updated snapshot on the representation of women, visible minorities, Aboriginal peoples and persons with disabilities in leadership roles in corporate Canada. The report also includes a summary of the final results for the full 2019 calendar year and our results for the period January 1, 2020 to July 31, 2020, including year-over-year comparisons.

Check out our infographic below for key highlights:

Gender diversity in corporate leadership in Canada

Gender diversity in corporate leadership in Canada

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Interested in learning more about the research findings and diversity in corporate Canada? Read the full report, Diversity Disclosure Practices: Diversity and leadership at Canadian public companies, or contact Andrew MacDougall or John Valley in Osler’s Corporate Governance Group.

2020 Diversity Disclosure Practices: Diversity and leadership at Canadian public companies

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