The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu The leading online blog in the fields of corporate governance and financial regulation. Sun, 12 Jul 2026 11:30:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.8 https://corpgov.law.harvard.edu/wp-content/uploads/2024/02/cropped-photography-4-e1706898544564-1-32x32.png Majority Voting Finally Arrives in Canada – The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu 32 32 Majority Voting Finally Arrives in Canada https://corpgov.law.harvard.edu/2014/02/19/majority-voting-finally-arrives-in-canada/?utm_source=rss&utm_medium=rss&utm_campaign=majority-voting-finally-arrives-in-canada https://corpgov.law.harvard.edu/2014/02/19/majority-voting-finally-arrives-in-canada/#comments Wed, 19 Feb 2014 14:02:33 +0000 http://blogs.law.harvard.edu/corpgov/?p=60004?d=20141215165812EST Posted by Noam Noked, co-editor, HLS Forum on Corporate Governance and Financial Regulation, on Wednesday, February 19, 2014
Editor's Note:

The following post comes to us from Stephen Erlichman, securities law partner at Canadian law firm Fasken Martineau and Executive Director at the Canadian Coalition for Good Governance, a nonprofit corporation whose members are most of the largest pension funds, mutual fund managers and other money managers across Canada.

Thursday February 13, 2014 was an important day for shareholder democracy in Canada. We know that athletes train many years in order to reach the Olympics, but the Canadian Coalition for Good Governance (CCGG) also has worked publicly and behind the scenes for many years to bring majority voting to Canada. Finally, last week the Toronto Stock Exchange (TSX) agreed to adopt a listing requirement effective June 30, 2014 pursuant to which TSX listed companies (other than those which are majority controlled) must adopt a majority voting policy which requires each director of a TSX listed issuer to be elected by a majority of the votes cast with respect to his or her election other than at contested meetings.

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