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Hello,
The early results of the amendments to National Instrument 58-101 disclosure rules with respect to the number of women on boards aren't very encouraging.
What is interesting about the results, however, is that the issuers’ explanations don’t reflect the reality.

In truth, selecting Directors based on their merits, being unrestricted, acting in the best interests of the company and shareholders, and being able to recruit from a broad talent pool are all factors that are congruent with considering diversity and not reasons to exclude it.
I hope you enjoy the attached article.

All the best,

Gillian Lansdowne
Lansdowne Board Intelligence Inc
 
Diversifying Your Board - Is Your Recruitment Process Objective And Merit-Based?
While it is most definitely true that women should be recruited to boards based upon their merits, and not based upon their gender, the same is also true for men. However, given that board recruitment has historically been done through word of mouth and largely from within the existing networks of those already around the boardroom table, it's improbable that a truly merit-based process is used.
Thus, a troubling double standard persists.
Download the Article (PDF)
 
What We Do
At Lansdowne Board Intelligence, we recruit ‘the right’ directors who will make the greatest impact, and we guide your board to implement objective and merit-based practices where competence is paramount and diversity is imperative.
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