Shareholder Pressure Continues


    Canadian companies should prepare to face continued pressure from shareholder activists, says a report from Kingsdale Shareholder Services. It says shareholder activism continues to be robust in Canada, even though the number of proxy fights was down in 2014 from 2013. This may be due to a number of reasons including the fact that strong capital markets are helping cover up companies’ weaknesses and some firms have adopted defences to deter activists.