Glass Lewis Canadian Benchmark Policy Changes for 2023

On November 17, 2022, proxy advisor Glass Lewis, & Co., LLC (“Glass Lewis”) released its 2023 Benchmark Policy Guidelines for several key markets including the Canadian market. These changes are effective for shareholder meetings taking place beginning on or after January 1, 2023, unless otherwise stated. In this Morrow Sodali client update, we have outlined several key changes and clarifying amendments affecting Canadian issuers in the upcoming proxy season.