statutory review of the Canada Business Corporations Act

(7) That section 132(5) of the CBCA be amended to exclude publicly-traded
corporations from its application.
(8) That section 137(5)(a) of the CBCA be amended to establish the
reference date for determining the filing deadline for a shareholder
proposal as the anniversary date of the previous annual meeting of
shareholders.
(9) That section 137 of the CBCA be amended to require that shareholders
presenting proposals are given a reasonable period of time to speak.
(10) The CBCA should be amended to give significant shareholders access to
the proxy circular
(11) The CBCA should require all shareholders to be treated equally in the
proxy process, irrespective of whether they want to protect the privacy of
their information
(12) The CBCA should facilitate “notice and access,” i.e. allowing shareholders
to access and download document from the company website to facilitate
proxy voting
(13) The CBCA should generally require the separation of the roles of the Chief
Executive Officer (CEO) and the Chair of the board
(14) The CBCA should require shareholder approval for significantly dilutive
acquisitions
(15) The Committee should devise ways to give shareholders more meaningful
ways to resolve claims under the oppression remedy
Securities Regulation
The NDP recommends that the Government of Canada work with the provinces
to harmonize securities regulation.
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