Governance Canada

Discussion + Information on Governance in Canada
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CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC AND THE QUÉBEC GOVERNMENT

There is substantial merit to the preliminary finding of the U.S. Department of Commerce in the Bombardier-Boeing trade dispute that the Caisse de dépôt et placement du Québec is an “authority” of the Quebec government. After discussions with the then Premier ot Québec, the Caisse intervened in 2000 to block the merger of Rogers Communications and Vidéotron, and then financed the purchase of Vidéotron by the Québec authorities selected buyer, Pierre Karl Péledeau. My Letter to the Editor, The Globe and Mail, published October 09, 2017, is attached.

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Executive Compensation and the Right of Shareholders to Vote ‘Against’ the Election of Directors

‘Majority voting policies” and “say on pay” non-binding votes are ineffective means for shareholders to express and voice their concerns on board decisions on executive compensation. To exert their relevant influence as owners, shareholders need the right to vote “Against” the election of directors, not simply to “Withhold” a vote, and to be granted more practical “proxy access” to nominate individuals for election as directors’.

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