THE NEWSLETTER FOR GOVERNANCE PROFESSIONALS OF CANADA
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Greetings!
GPC IS HERE TO HELP!
GPC is creating new solutions to help all governance professionals support their boards and organizations during these challenging times, and I am very pleased to announce the creation of GPC’s new
COVID-19 ASSISTANCE AND RESOURCE CENTER
,
featuring our newly-assembled GPC COVID-19 ADVISORY PANEL! This assistance page will serve as a constant resource for you on our GPC website, where you can find all of our recent COVID-related free webcasts, relevant articles, links and useful resources gathered in one convenient place.
On this new resource page, we are also featuring our COVID-19 panel of experts on various governance-related subjects, who will answer your key questions and help with your current challenges. Our panel has a expertise in a long list of governance topics and can provide key insights on legal issues, board management practices, risk and crisis management, HR challenges, ESG, Continuity Planning, and much more! Their combined expertise and opinions will offer valuable answers to your questions.
Submit your questions for our panel to GPC (confidentially and anonymously), and we will collect our expert panel’s answers and share those on this page, so that other viewers can benefit from the information. We will also share them in a weekly update, or in our monthly newsletter. We hope that you will find value and critical information from our panel.
Click
HERE
For more details!
The GPC GOVERNANCE EDUCATION PROGRAM IS NOW ONLINE!
In order to continue to make our Governance Education Certification Program available to you, we are pleased to let you know that you can now take the GPC-EP certification and individual courses ONLINE! Our interactive courses will all be made available to you virtually. More details and dates are available further down in this newsletter or click here:
GPC-EP PAGE to see our full program details.
The GPC ANNUAL CONFERENCE IS GOING VIRTUAL!
As announced in our previous newsletter, we will be moving our in-person annual conference, which was scheduled for August 23-26th 2020 in Kelowna BC, to an Online Governance Summit in the fall, in order to be able to still deliver this important content to the governance community. We are working on transitioning the program to a virtual platform, offering as much as and perhaps more, education and insights that we normally offer in person. Stand by for more details and dates to be announced soon!
MORE GPC PROGRAMMING AVAILABLE ONLINE!
If you've missed a professional development session, or one of our recent free webcast on key COVID-19 issues, or if you are looking for a refresher, or are in need of learning credits, we now have archived past many of our GPC professional development webinars, now available on our
On-Demand-Learning
. It is a great time to catch up or gain new skills and insights!
You can count on GPC for assistance and insights to bring to your organization and Board. We are here to help and are acting quickly to bring you the key information and updates you need to surmount current obstacles. Stay tuned as we will continue to keep you informed of new developments, upcoming sessions and education opportunities.
Should you have any questions, feedback or suggestions, please do not hesitate to contact us
Warm regards,
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Lynn Beauregard
President, Governance Professionals of Canada
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- Excellence in Governance Awards
- GPC Education Program
- Membership News
- Request for Assistance
- News and Updates
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Are you interested in advertising your product, service and/or business to the GPC market. Our website and monthly e-newsletter both offer the opportunity to reach our targeted market.
Contact any one of the GPC staff members to discuss your options today:
[email protected].
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Sponsorship & Partnership Opportunities
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Sponsorship & Partnership Opportunities
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Over the past 20 years, Governance Professionals of Canada (GPC) has not only grown in size but also in reputation, and in the number of opportunities we offer for visibility for our key partners and sponsors to be in front of the governance community. We have a great variety of activities, events and programs that are available for sponsorship engagement with our members and community.
As a direct result of COVID-19 and social distancing regulations, we have pivoted to alternative delivery channels to keep delivering top of mind content through virtual platforms. Yes! We are full steam ahead with all our events available through webinars and webcasts. National level coverage is guaranteed to provide your brand with exposure to executives and decision makers in governance, in a wide array of organizations in Canada.
GPC has created
this detailed package on all of our 2020 sponsorship opportunities including: Professional Development Sessions through the year such as ‘Practical Project Management for Governance Professionals’, ‘Governance and HR Agility: Ensuring Continuity and Recovery During a Pandemic and Beyond’, Our ‘Excellence in Governance Awards (EGAs)’ , the Governance Education Certification Program, our monthly E-Newsletter: ‘Governance Matters’, as well as more online brand visibility through our many program web pages.
We invite you to review our various offerings and how you can leverage more visibility with GPC, especially in these challenging times, and let us know how we can customize any solution to meet your needs. We offer discount bundles, multi-item options and added value packages, if more than one opportunity is considered
Contact us for any questions, ideas, or to finalize your sponsorship package!
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Stay Informed with our Free Webinars!
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If you missed GPC's timely webcasts on COVID-19 and governance implications, or our session on Moving to Virtual AGMs, you can access the webcasts by clicking on the boxes below, or on our new
COVID-19 ASSISTANCE AND RESOURCE CENTER
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GPC Education Program - to be offered ONLINE!
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This being an extraordinary time, GPC has made the decision to start offering our
Governance Education Certification Program virtually. Governance professionals have never had a more pivotal role to play to support their boards and their organizations, and be on top of their key governance priorities. With that in mind, we are continuing to offer our education program courses, and now making them available online, in order to further prepare our community for the challenging times ahead.
We have already had a successful run of our Foundations of Governance course on April 24-26th, for which we received great feedback, and were happy to note that the virtual format provides great participant interaction. We look forward to welcoming you back in person once the time permits, however we encourage you to take advantage of the course offerings we have coming up, see all our upcoming dates in 2020 and to
secure your spot today!
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GPC has been successfully offering webinars for well over a year, and now due to the evolving situation surrounding COVID-19, we are continuing to deliver our professional development sessions in a virtual format. Please have a look at the list of sessions below for the list of our regular and new offerings over the coming months. We look forward to seeing you online!
- Understanding Business Continuity Planning, May 6, 2020, Webinar
- Practical Project Management for Governance Professionals 2.0, May 19, 2020, Webinar
- Energizing Board, Committee and Director Assessments, May 28, 2020, Webinar
- Setting the Stage for Boardroom Success, June 9, 2020, Webinar
- Secretariat Records Management - From Soup to Nuts, June 11, 2020, Webinar
- Élaboration soignée de règlements : comment simplifier de manière proactive la gouvernance, le 16 juin 2020, une diffusion sur le web
- A Guide for New CEOs: Getting Off on the Right Foot with Your Board, June 25, 2020, Webcast
- CEO Succession Planning: How Directors Can Raise their Game on the Board’s Single Most Important Governance Decision, July 14, 2020, Webcast
We are also working to create more timely
FREE
webcasts with a variety of experts on the evolving COVID-19 situation and its impact on governance in organizations.
Our Next FREE Webcast is May 7
th,
12:00 pm – 1:00 pm EDT
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Keep an eye on our
Event Listings for more details and for other upcoming virtual workshops and webinars!
GPC PAST WEBINARS ARE AVAILABLE YEAR-ROUND!
Have you missed any of our recent education sessions or webcasts? If you are interested in learning on your own schedule, you can access GPC’s impactful education sessions and webcasts, which can all be found on our
On-Demand Learning page.
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Our current Webinar and Webcast Offerings include:
- Covid-19: Governance, Risk Implications, and the Role of the Board
- Moving to Virtual AGMs in the age of COVID-1
- The ‘New Normal’ in Governance: Managing Shifting Board Priorities in COVID Times and Beyond
- Organizational Culture and the Role of the Board
- Cybersecurity Preparedness
- The Case for ESG Governance: Best Practices and Perspectives on the Sustainability and Corporate Social Responsibility Role of the Board and Governance Professional
- Strategy and Business Planning Bootcamp for the Governance Professional
…and MORE!
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Membership News And Benefits
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GPC Membership Benefits
Not a member yet? Join today and become a part of a community of like-minded professionals:
www.gpcanada.org/join
It is important now more than ever for governance professionals to keep up with the changes in this fast-paced environment, and to ensure the most effective and reliant governance processes are in place.
Interested in sampling what GPC has to offer? Enjoy a
FREE 3-month Trial Membership to explore the benefits of our nation-wide association of professionals. Email
[email protected] to get your Trial Membership started!
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You spoke and we’re listening!
Over the past few months, GPC conducted a survey amongst members to understand and better serve our community. With your feedback, GPC is now working to improve some of our current processes, as well as looking to create new initiatives that fit the needs and wants of our members.
Here are some ways that we have been listening!
What you said:
“I'd like to see the online resources areas of the website be improved by expanding the templates available.”
What we’re doing: GPC has recently revamped the
Governance Resource Library. This member-exclusive benefit has now been refreshed and refined with updated materials and content to ensure you are receiving optimal references to do your job effectively and confidently. GPC will continue to work to find the latest governance news, topics and resources to support the continuous education of our members.
What you said: “
I would like to see more frequent and diverse educational webinar opportunities.”
What you said:
“GPC has opened my eyes and has strengthened my confidence in my role. Thank you!”
What we’re doing: GPC will continue to offer the education, advocacy and opportunities to our members to enrich the value of your work.
With the help of your feedback, GPC will be working towards optimizing our features and services. GPC would like to sincerely thank all our members for contributing their time and responses.
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Our GPC members are the driving force that moves our organization towards greater levels of achievement, service and support. For this reason, we are starting a new feature in our newsletter to highlight and recognize the individuals that reflect the essence of Governance Professionals in Canada.
Every month, GPC will be featuring an exceptional and dedicated member and leader, so that you can learn more about your peers and your fellow members at GPC.
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Do you or someone you know want to be featured and celebrated for their professional accomplishments in our monthly Member Spotlight?
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GPC Chapters And Local Events
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GPC local chapters provide an opportunity to engage with your local peers to exchange ideas, connect with like-minded individuals and grow your corporate network.
We want you to get involved!
Are you interested in volunteering for a local activity? Do you have an idea for a local event or topic for learning? Let us know! GPC is keen to expand local engagement to better serve you.
For more information on your local chapter happenings, or to volunteer - contact your local chapter representative.
- Vancouver Chapter: Arne Gulstene
- Calgary Chapter: Amy Anderson
- Edmonton Chapter: Aaron Friedenthal
- Toronto (GTA) Chapter: Contact GPC National Office directly
- Ottawa Chapter: Kathy Cauchon and Christine Thomas
- Montreal Chapter: Guy L'Espérance and Sophie Van Houtte
- Saskatchewan Chapter: Sheldon Stener and Bronwynn Cutts
Click here
for the member directory to contact your local representative today.
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Do you have a question you need an answer to? Looking for best practices? Our Request for Assistance service is an easy way to receive information from your peers. Below are some recent requests. Your response is appreciated.
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I'm curious what others are doing in terms of technology for their regularly scheduled Board and Committee meetings. I have a few questions if anyone cares to chime in.
1. Are you using Audio, Video-Conferencing or a combination of both?
2. If you are using video conferencing for your Board - what system? We have been using Cisco Webex and GoToMeeting for staff but i have not tried it at the Board level.
3. Are you continuing with all of your committee meetings? I have heard that some Board's have 'scrapped' their committee meetings for now and pushed everything to the Board (with a heavier consent agenda).
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With the current COVID-19 situation, I was wondering how many companies will be holding virtual AGMs only this year.
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To Respond
Please submit your response by going to the
GPC Forum.
If you wish to remain anonymous,
click here
for instructions on how to manage your privacy setting.
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Tell a friend, share a tweet, and spread the news about GPC! Be sure to add us to your network for up-to-date news, networking and governance information.
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COVID-19 Executive Compensation & Governance Pulse Survey
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As the COVID-19 pandemic continues to impact organizations, Compensation Governance Partners is gathering information to provide executives and Board members with insights to guide discussions and drive decision-making around executive pay and governance.
This survey should take about 10 minutes to complete. Please submit your responses
by end of day on Wednesday, May 6, 2020.
Please click
here
to access the survey.
We will send the results to all participants shortly after the survey closes.
If you serve on multiple Boards, please feel free to complete the survey for each organization that you are involved with. If you are not the correct contact, please kindly forward this invitation to the appropriate individual at your organization.
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CSIA’s quarterly member magazine presents thought-leading articles and the latest news from CSIA member associations around the world.
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COVID-19: Sharpening the Focus on ESG
ESG Global Advisors Inc.
How does the COVID-19 pandemic impact the growing investor focus on ESG? Is COVID-19 going to enhance the importance of ESG or diminish it? How should companies be thinking about ESG during this global crisis?
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Canadian Securities Regulators Provide Temporary Relief To Public Companies With Delayed Annual Meetings Due To COVID-19
Canadian Securities Administrators
Toronto – The Canadian Securities Administrators (CSA) announced today it is providing public companies with temporary blanket relief from certain filing and delivery requirements, which are generally tied to the sending of materials for annual general meetings (AGMs).
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2020 Virtual AGM Proxy Season : Key Takeaways to Date
Fasken Martineau DuMoulin LLP
With the 2020 proxy season well underway, the COVID-19 pandemic has forced many issuers to consider changing their annual shareholders’ meeting format from a customary in-person meeting to a virtual setting. Since the beginning of the COVID-19 crisis, specifically between March 1, 2020 and April 14, 2020, we monitored issuers listed on the Toronto Stock...
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OSC Awards $0.525 Million Whistleblower Award to Industry Expert
McCarthy Tétrault LLP
The OSC
announced last week that it has awarded a $525,000 whistleblower award to a company outsider who used their industry expertise to identify irregularities. This award to an outside expert appears to be the first of its kind by a Canadian securities regulator and was made under the
OSC’s Whistleblower Policy which we discussed in previous articles
here and
here.
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Proxy Advisory Firms Provide Guidance on Governance Matters in Light of COVID-19
Aird & Berlis LLP.
The 2020 proxy season is upon us and, as a result of COVID-19, many issuers likely require increased flexibility in order to deal with the uncertainty and economic challenges that they may be facing. In light of these circumstances, proxy advisory firms have responded by updating their voting policy guidelines to provide specific guidance for issuers on matters that are likely to be directly impacted over the coming months by COVID-19 and the world’s response to this pandemic.
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Annual General Meetings During The COVID-19 Pandemic For Canadian Not-For-Profit Corporations
Gowling WLG International Limited
Many not-for-profit corporations (NFPs) hold their annual general meetings (AGMs) in the Spring. With a number of pandemic-related directives and advisories in place, including with respect to meeting sizes and venues, NFPs are considering their options with respect to their Spring AGMs.
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Proxy Voting Guidelines in the COVID-19 Context
Fasken Martineau DuMoulin LLP
Against the backdrop of the COVID-19 pandemic and the novel challenges with which public companies around the world have been faced, Glass Lewis & Co. (“Glass Lewis”) and Institutional Shareholder Services Inc. (“ISS”), two established proxy advisory firms, have released updates in connection with how their voting policies will be applied in the course of the 2020 proxy season. The central themes from both advisors are that the COVID-19 pandemic is creating exceptional and difficult circumstances for Boards to navigate, and that the firms will have an increased flexibility in their approach to proxy contest reviews, with an emphasis on the quality of companies’ decision-making, disclosure and reasoning in respect of any changes to governance, compensation and capital structure.
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How are Large Shareholders Preparing to Vote Their Proxies in 2020?
ESG Global Advisors Inc.
In advance of the 2020 proxy voting season, large investors have made some key updates to their proxy voting guidelines. Investors are increasingly willing to hold companies accountable for a lack progress on ESG issues and to reinforce their ESG priorities through the exercise of shareholder voting rights. This piece highlights some of these key updates.
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COVID-19: Corporate Governance and Disclosure Guidance for Public Corporations
Wildeboer Dellelce LLP
The novel coronavirus (COVID-19) pandemic has disrupted markets, business operations and supply chains worldwide. Its continuous spread presents an unprecedented challenge for boards of directors and senior management of publicly-traded corporations (“reporting issuers”). We highlight some areas to consider in managing business continuity and in meeting reporting issuers’ continuous disclosure obligations.
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COVID and Corporate Governance: A Broader Mission for Corporate Boards
Stikeman Elliott LLP
Corporate governance is not immune from the societal and commercial effects of COVID-19. This article, authored by a group of Stikeman Elliott partners, looks at what the future may hold as directors and management lead their companies through what may be the most intense period of economic upheaval in living memory.
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Board oversight during the COVID-19 pandemic: A checklist for directors
Osler, Hoskin & Harcourt LLP
The global COVID-19 pandemic and its rapid evolution has placed enormous pressure on organizations as they seek to adapt to the situation and communicate their response. It is crucial that boards and management collaborate to find the best way forward for the organization.
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What's Next? COVID-19 and Corporate Governance while Business is on Pause
Blaney McMurtry LLP
The following scene is perhaps all too familiar for business owners these days: you are sitting in your home office, your kids are bouncing off the walls, and you are trying to navigate through the COVID-19 crisis. You have scheduled brainstorm sessions with your staff, reviewed your insurance policies and cash reserves, applied for government assistance, and worked out solutions with your suppliers and customers. You ask yourself, “What’s next?” With no end in sight to the shutdown of business as usual, consider that there has never been a better time to work on your business rather than in your business. At a time like this when business is paused, an opportunity exists to tackle the ever-growing “To Do” list of tasks required to continue your business’s forward and upward momentum. One of those tasks is corporate governance and maintenance.
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How Do You Spell "ESG"? It Starts With a G
ESG Global Advisors Inc.
It is strategically important for companies to understand the distinction between “ESG” (Environmental, Social and Governance) and “CSR” (Corporate Social Responsibility). In simple terms, ESG is a sub-set of CSR factors that are financially material and of interest to investors and other capital markets participants (see A Material Difference: The Distinction between CSR and ESG).
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Managing a corporation in a pandemic: How directors and officers can fulfill their duties and limit risk
Norton Rose Fulbright Canada LLP
The fiduciary duty (loyalty) and duty of care owed by directors and officers of Canadian corporations require them to oversee the management of the corporation with a view to the corporation’s best interests. The Supreme Court of Canada has held that the fiduciary duty is a “broad, contextual concept” that is not confined to short-term profit or share value. In considering what is in the corporation’s best interests, directors may consider the interests of various stakeholders, including shareholders, employees, creditors, consumers, governments and the environment. The content of the duty “varies with the situation at hand.”
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COVID-19: Some Novel Advice to the Board
Blake, Cassels & Graydon LLP.
In most corporate environments, directors understand that the role of the board is one of oversight. For years, they have heard the governance advice captured by “nose in, fingers out” (NIFO). However, the current COVID-19 pandemic has many directors wondering about how best to discharge their fiduciary duty—to act honestly and in good faith with a view to the best interest of the corporation—and their duty of care—to exercise the care, diligence and skill that a reasonably prudent person would exercise in comparable circumstances.
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About GPC
The Governance Professionals of Canada (GPC) is the voice of Corporate Secretaries and Governance Professionals in Canada. Its members deal with disclosure and matters affecting corporate governance, including the structure and meetings of the board of directors and its committees, the proxy process and annual meetings. As such GPC strives to provide valuable and timely information on recent changes and developments which affect our members - in all sectors.
Specialties:
Our members include professionals with positions such as Corporate Secretary, Manager Corporate Governance, General Counsel, Chief Compliance Officer, VP Regulatory Affairs, Associate Corporate Secretary, and Board Administrator.
Mission Statement
The promotion and advancement of effective governance and corporate secretarial practice in organizations in the private, public, not-for-profit and other sectors through the continued development and application of governance and corporate secretaryship best practices.
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Governance Professionals of Canada
21 St. Clair Avenue East - Suite 802
Toronto, ON M4T
(416) 921-5449
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