Last Updated Wednesday, March 27, 2019 11:40AM EDT
In 2015, the Ontario Securities Commission introduced a comply-or-explain rule, that requires most companies listed on the Toronto Stock Exchange to disclose annually how many women are on their board and in executive officer positions. It also compels disclosure on related aspects including whether the company has a policy for identifying and nominating female directors, and whether there are targets at either the board or executive level, and if not to explain why.
Also, the comply-or-explain policy has not resulted in a marked improvement representation of women within the senior executive rankings of firms, TD added. However, TD's analysis showed that Canadian companies' board diversity continues to lag in energy, materials and consumer discretionary sectors.
This is obviously FakeNews. Canada's Dear Leader says s/he is a feminist whilst feminists assure us that the U.S. President is a misogynist.
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