The CCGG continues to be an active voice for the interests of institutional shareholders. In addition to its ongoing board engagement program, under which the CCGG plans to meet with 45 to 50 public company boards of directors during 2011, the organization has published updates of several of its policies and best practices, including Building High Performance Boards. The CCGG has indicated that in 2011 it plans to publish guidance on how the principles in Building High Performance Boards apply to controlled companies and on corporate governance at companies with dual-class share structures. The CCGG has also published its latest guidance on proxy circular disclosure (best practices for executive compensation and director-related disclosure); guidelines for boards on engaging with their shareholders; and guidelines for shareholders on monitoring, voting and engaging with companies. These can be found on the CCGG website.
The CCGG has expressed its support for a national securities regulator and has filed a factum in the Supreme Court of Canada’s reference on the constitutionality of the proposed federal Securities Act.