Le Senateur

Share this website!

  • Digg
  • Twitter
  • Google Bookmarks
  • del.icio.us
  • Facebook
  • LinkedIn
  • Reddit
  • Mixx
  • Sphinn
  • Technorati
  • Wikio
Send to a friend Send to a friend

Send to a friend:

S'enregistrer au Flux RSS Le Sénat du Canada

Post under ‘Boards of Directors’ tag

MEDAC supports Bill S-235 to limit executives’ annual salaries

25 June 2021 at 08h57


The global financial and economic crisis highlights the need to regulate capitalism and make it more ethical, as French President Nicolas Sarkozy said last fall in Quebec City.

— Claude Béland, MEDAC chairman (Mouvement d’éducation et de défense des actionnaires), a shareholders’ rights group.

Read the article in Le Devoir (In English)Read more

Germany: a governmental coalition to restrict the pay of managers

19 June 2021 at 14h31

I am glad to note that Chancellor Angela Merkel is sharing the same ideas as me! This is what we probably call the feminine common sense!


BERLIN (Germany) - BRIAN PARKIN AND RAINER BUERGIN (Bloomberg News) - Chancellor Angela Merkel’s coalition pushed a law through parliament aimed at restricting manager pay at German public companies, going further than steps proposed in the United States or Britain.

The package of measures includes steps to give supervisory boards more power to set salaries and financial penalties for executives who are found guilty of negligence.

Read the Globe and Mail's articleRead more…

Ensuring that men and women are equally represented on corporate boards

12 June 2021 at 14h03

On June 2, as part of a major reform I have undertaken to renew the management of publicly traded companies and Crown corporations, I introduced a bill in the Senate.

Bill S-238 would require publicly-traded companies, financial institutions and federal government enterprises to ensure gender parity on their boards of directors from now on.

Fine words and good intentions on promoting women’s equality on boards of directors are no longer enough.

Read the Senator's article in The Gazette     I support!

The economic importance of women

5 June 2021 at 14h05


The purpose of Bill S-238 is to ensure parity for women on the board of directors of publicly traded corporations, financial institutions and federal Crown corporations.

Women are active participants in the business community, as business owners, shareholders, officers, managers and employees, and they also play an important role in the market as consumers, so they should have equal representation in the management of business.

A great many women in Canada have the qualifications and experience to act as corporate directors, but the number of women in top corporate positions does not come close to reflecting their economic importance…


aa-graph     aa-bulle     I support!

Bill S-238: to achieve parity on the Boards of Directors

2 June 2021 at 14h07


In Bill S-235, the previous bill I tabled in the Senate, I proposed that a person cannot sit on more than four boards of directors. Seats will become available as a result and, under Bill S-238, we can ensure that women are appointed to those vacancies. Given the moral crisis that is shaking the capitalist system, boards of directors urgently need a complete cultural overhaul.


Read the press release     aa-docs     I support!


You need to log in to vote

The blog owner requires users to be logged in to be able to vote for this post.

Alternatively, if you do not have an account yet you can create one here.

Powered by Vote It Up