Canadian companies can no longer be tight-lipped when it comes to their governance practices
As corporate America weathers the regulatory storm caused by the implementation of the Sarbanes-Oxley Act, Canadian issuers are gearing up for rough waters ahead when the Ontario Securities Commission's (OSC) governance proposals finally launch. While the OSC's measures won't rock the boat as much as Sox - due to pre-existing governance guidelines established by the Toronto Stock Exchange (TSX) - they will affect Canadian companies not currently following high governance standards.Back in
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