The Canadian Securities Administrators (CSA) published a status report today on the proposed changes to the corporate governance regime published in December 2008. Citing the numerous comments received questioning the timing of the proposed changes, the CSA have stated that it does not intend to implement the proposals as originally published and that it is reconsidering whether to recommend any changes to the corporate governance regime. Thus, any further proposals that the CSA may publish for comment would not be effective until the 2011 proxy season at the earliest.
CSA publish status report on proposed changes to corporate governance regime
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