Welcome to CCGG

The Canadian Coalition for Good Governance (CCGG) is the pre-eminent corporate governance organization in Canada and is uniquely positioned to effect change as the voice of Canadian institutional shareholders.

Representing the interests of institutional investors, CCGG promotes good governance practices in Canadian public companies and the improvement of the regulatory environment to best align the interests of boards and management with those of their shareholders, and to promote the efficiency and effectiveness of the Canadian capital markets.

More about CCGG


 

 

CCGG Policies

CCGG has recently issued guidelines and position papers in the following areas of corporate governance:

Recent Policies

Governance of Canadian REITs and Other Public Income Trusts: Model Declaration of Trust Provisions

Board Gender Diversity

Universal Proxy Policy

Shareholder Involvement in the Director Nomination Process: Enhanced Engagement and Proxy Access

Dual Class Share Policy

 


CCGG Submissions

Recent Submissions

Submission to the OSC re: Draft 2016-2017 Statement of Priorities

Submission to the Ministry of Government and Consumer Services re: Comments on Ontario Business Law Agenda on Priority Findings & Recommendations Report 

Submission to the CSA re: Request for Comments on proposed amendments to Multilateral Instrument 62-104 Take-Over Bids and Issuer Bids and proposed changes to National Policy 62-203 Take-Over Bids and Issuer Bids

Submission to OSC re: OSC Staff consultation Paper 15-401 Proposed Framework for an OSC Whistleblower Program

Submission to TSX and OSC re: Request for Comments on Proposed Amendments to TSX Company Manual to modify, expand and formalize certain exemptions available to interlisted issuers

Submission to Cooperative Capital Markets Regulatory Authority re: Draft Provincial and Federal Legislation regarding the Cooperative Capital Markets Regulatory System

Submission to the CSA re: Request  for Comments on Proposed Amendments regarding gender diversity and term limits 

Submission to the OSC  re: Request for Comments on Application for Recognition of Aequitas Innovations Inc. and Aequitas Neo Exchange Inc.

Submission to the CSA re: Request for Comments on Venture Issuer regulation

Submission to the CSA re: Request for Comments on Proposed National Policy 25-201 Guidance for Proxy Advisory Firms

Submission to the OSC re: Ontario Securities Submission Draft 2014-2015 Statement of Priorities

Submission to ICGN re: ICGN Member Consultation on Draft ICGN Global Governance Principles

Submission to the Industry Canada re: Industry Canada Consultation on the Canada Business Corporations Act 

Submission to the OSC re: Request for Comments on Proposed Amendments to National Instrument 58-101 Disclosure of Corporate Governance Practices Regarding Women on Boards and in Senior Management

Submission to the OSC re: CSA Consultation Paper 54-401 Review of the Proxy Voting Infrastructure 

Submission to the OSC re: OSC Staff Consultation Paper 58-401 Disclosure Requirements Regarding Women on Boards and in Senior Management 

Submission to the NASDAQ re: Request by the U.S. Council of Institutional Investors that NASDAQ adopt a majority voting listing standard in uncontested elections of directors

Submission to the NYSE re: Request by the U.S. Council of Institutional Investors that NYSE adopt a majority voting listing standard in uncontested elections of directors

Submission to the CSA re: Proposed Amendments to National Instrument 62-103 The Early Warning System

Submission to the CSA and to the AMF re: Proposed National Instrument 62-105 Security Holder Rights Plans and re: Takeover Bid Defensive Tactics

Submission to the OSC re: Ontario Securities Commission draft 2013-2014 Statement of Priorities 

Submission to ICGN re : ICGN Position Paper on Gender Diversity

Submission to the TSX re: December, 2012 Consultation Paper on Emerging Market Issuers

Submission to the CSA re: Proposed National Instrument 51-103 Ongoing Governance and Disclosure Requirements for Venture Issuers 

Submission to the TSX re: October 4, 2012 Proposed Amendments to the TSX Company Manual to require  TSX-listed issuers to adopt Majority Voting Policies

Submission to the CSA re: Consultation Paper 25-401: Potential Regulation of Proxy Advisory Firms

 

 

Benefits of Membership

Our Members or Associates enjoy a range of benefits through their affiliation with CCGG.

Learn more information about how to become a CCGG Member, Observer or Associate.

 


Current Best Practices

CCGG prepares best practices documents for reporting issuers to provide them with guidance on effective communications with shareholders emphasizing the substance of disclosure that investors expect of regulatory filings.

2015 Best Practices for Proxy Circular Disclosure

 


Governance Research

CCGG will from time to time publish studies in furtherance of our mission or highlight the publication of external studies that demonstrate the value of good corporate governance.

CCGG has published several studies relating to corporate governance:

  • a Shareholder Democracy Study,
  • a study on voting results, and
  • a study on clawback policies.

External publications on corporate governance include:


Email Updates

To keep up to date on new publications and CCGG public participation please sign up for our email updates.

 


Members’ Area Login

CCGG Members can access specific members-only content through links below:

Research Bulletins and Updates
Board Engagements
Proxy Reviews

 

Top of page

What's New

CCGG Executive Director quoted in the Globe and Mail with regard to the CSA’s new takeover bid rules

February 26, 2016 - CCGG's Executive Director Stephen Erlichman was quoted in the Globe and Mail relating to the 105 day bid period and poison pills under the  CSA’s new takeover bid rules.

 

CCGG Executive Director quoted in the Financial Post with regard to CCGG's release of its model declaration of trust provisions 

November 23, 2015 - CCGG's Executive Director Stephen Erlichman was quoted in the Financial Post relating to the governance of Canadian REITs and other public income trusts in connection with CCGG's release of its model declaration of trust provisions.

CCGG Executive Director quoted in the Financial Post with regard to the TSX's majority voting rule

November 16, 2015 - CCGG's Executive Director Stephen Erlichman was quoted in the Financial Post suggesting that the TSX provide guidance to boards about the meaning of “exceptional circumstances‘' in the TSX's majority voting rule.

CCGG Executive Director quoted in The Globe and Mail with regard to the TSX's majority voting rule

November 15, 2015 -  CCGG’s Executive Director Stephen Erlichman was quoted in The Globe and Mail regarding the possibility of legislation instead of the TSX's majority voting rule.

PIAC supports CCGG's policy on shareholder involvement in the director nomination process

 

CCGG releases policy on Board Gender Diversity

October 13, 2015 - CCGG released its Board Gender Diversity Policy. The policy summarizes in one document the views on board gender diversity that CCGG has expressed in the past and sets out CCGG’s current position on this issue.

CCGG Executive Director quoted in The Globe and Mail regarding CCGG's universal proxy policy

September 25, 2015 -  CCGG’s Executive Director Stephen Erlichman was quoted in The Globe and Mail about the use of universal proxies in contested director elections and CCGG's “Universal Proxy Policy”.

CCGG releases its policy on the use of universal proxies in contested director elections

September 24, 2015 -  CCGG released its policy on the use of universal proxies in contested director elections entitled “Universal Proxy Policy”.

CCGG Executive Director interviewed in Listed magazine about CCGG's paper on enhanced proxy access  

July 24, 2015 – CCGG’s Executive Director Stephen Erlichman was interviewed in Listed magazine in connection with CCGG's paper entitled "Shareholder Involvement in the Director Nomination Process: Enhanced Engagement and Proxy Access".

The Globe and Mail editorial endorses CCGG's positions on the need for majority voting in uncontested director elections and for shareholder involvement in the director nomination process

July 16, 2015 – The Globe and Mail editorial regarding the need for majority voting in uncontested director elections and for shareholder involvement in the director nomination process endorses the positions espoused by CCGG.

CCGG Executive Director quoted in The Globe and Mail regarding legal panel's recommendations to amend the Ontario Business Corporations Act to require majority voting for uncontested director elections and to remove Canadian residency requirements for directors 

July 14, 2015 – CCGG’s Executive Director Stephen Erlichman was quoted in The Globe and Mail about a legal panel's recommendations to amend the Ontario Business Corporations Act to require majority voting for uncontested director elections and to remove Canadian residency requirements for directors.

CCGG Executive Director quoted in CBC News regarding governance issues with the Yukon's recent amendments to its business corporations statute

June 25, 2015 – CCGG’s Executive Director Stephen Erlichman was quoted in CBC News regarding governance issues with the Yukon's recent amendments to its business corporations statute

CCGG Executive Director quoted in The Globe and Mail regarding governance issues with the Yukon's recent amendments to its business corporations statute

June 19, 2015 – CCGG’s Executive Director Stephen Erlichman was quoted in The Globe and Mail regarding governance issues with the Yukon’s recent amendments to its business corporations statute.

OSC Chair Howard Wetston quoted in The Globe and Mail with regard to gender diversity on boards.

June 10, 2015 - OSC Chair Howard Wetston was quoted in The Globe and Mail about his remarks at the CCGG AGM with respect to gender diversity on boards.

OSC Chair Howard Wetston quoted in the Financial Post with regard to gender diversity on boards.

June 10, 2015 - OSC Chair Howard Wetston was quoted in the Financial Post about his remarks at the CCGG AGM with respect to gender diversity on boards.

The Harvard Law School Governance Forum on Corporate Governance and Financial Regulation blog has posted the note by CCGG's Executive Director and Director of Policy Development on CCGG's policy regarding shareholder involvement in the director nomination process.

May 28, 2015 - CCGG Executive Director Stephen Erlichman’s and Director of Policy Development Catherine McCall’s note entitled "Shareholder Involvement in the Director Nomination Process” was posted on The Harvard Law School Forum on Corporate Governance and Financial Regulation blog.

CCGG Executive Director quoted in the Financial Post with regard to RioCan REIT’s proposed declaration of trust amendments

May 28, 2015 - CCGG's Executive Director Stephen Erlichman was quoted in the Financial Post with regard to RioCan REIT’s proposed declaration of trust amendments to improve its governance.

CCGG Executive Director quoted in the Financial Post with regard to CCGG’s new policy on shareholder involvement in the director nomination process.

May 22, 2015 – CCGG’s Executive Director Stephen Erlichman was quoted in the Financial Post with regard to CCGG’s new policy on shareholder involvement in the director nomination process.

CCGG publishes its new policy "Shareholder Involvement in the Director Nomination Process: Enhanced Engagement and Proxy Access"

May 21, 2015 - CCGG publishes its new policy "Shareholder Involvement in the Director Nomination Process: Enhanced Engagement and Proxy Access"

CCGG Executive Director quoted in the CBC news with regard to Yukon’s recent changes to its business corporations act

May 11, 2015 - CCGG's Executive Director Stephen Erlichman was quoted in the CBC news regarding Yukon’s recent changes to its business corporations act

CCGG mentioned in The Globe and Mail with regard to reforming pension plan payments to CEOs

April 13, 2015 - CCGG was mentioned in The Globe and Mail with regard to reforming pension payments to CEOs.

CCGG Executive Director quoted in The Bottom Line about the suggestion by Bank of England's Governor Mark Carney to claw back bankers' base pay in the event of malfeasance.

January, 2015 - CCGG's Executive Director Stephen Erlichman was quoted in The Bottom Line about the suggestion by Bank of England's Governor Mark Carney to claw back bankers' base pay in the event of malfeasance