For the third year, Corporations Canada has released its annual diversity disclosure report, which shows the levels of diversity on the corporate boards of directors and senior management teams of federal distributing corporations.
The 2022 report measures trends and progress made against baseline data established in last year's report, and includes a summary of the key highlights.
Federal distributing corporations governed by the Canada Business Corporations Act (CBCA), typically publicly traded companies, are required to disclose to their shareholders and to Corporations Canada the representation of women, Indigenous peoples (First Nations, Inuit and Métis), persons with disabilities and members of visible minorities on their boards of directors and among senior management. They also have to either disclose information about their policies and targets for the representation of the designated diversity groups, or explain why they do not have policies and targets.