Thought Capital

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2026 Proxy Season Overview: Highlights from the TSX60

Hugessen has completed its annual review of the 2026 TSX60 proxy circulars, and we are pleased to share key findings on executive pay, incentive design, board effectiveness and other governance topics.

This year's proxy season tells a clear story of Canadian resilience. With strong financial performance in the midst of trade disruption, and heightened governance excellence in a shifting landscape of proxy advisory and shareholder expectations, Canada's largest businesses continue to lead the narrative on the evolution of executive compensation trends in the North.

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Termination Provisions: Designing for Certainty When It Matters Most

Termination provisions may read like fine print, but when an executive transition occurs they become one of the most consequential elements of the compensation framework. They determine cost, influence behaviour, and shape perceptions at precisely the moment when scrutiny is highest. These terms have lasting implications, so getting them right the first time is paramount.