Posted March 4, 2013
For some time ITAC has raised concerns about the comparatively weak protection available for Canadian companies facing hostile takeovers. We have discussed this with issue with policy makers and securities commission officials and produced a white paper on the topic. The Globe and Mail recently reported that the Canadian Securities Administrators (the umbrella group for provincial regulators) will soon release a new plan with measures for better protection for public consultation. For more information on this issue please contact Lynda Leonard (firstname.lastname@example.org) .