Thought Capital

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2025 TSX Proxy Season Insights: Shareholder Proposals

As of November 6, 2025, 72 shareholder proposals have been voted on at Canadian issuers, including 58 at TSX60 companies. Of these, 42% addressed Governance, 31% Environmental, 25% Social, and 3% Compensation matters. No operational proposals were submitted in 2025.

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Beyond the Trillion-Dollar Question: What Tesla's Mega Grant Means for Canadian Boards

Tesla’s board proposed a $1 trillion incentive for Elon Musk, arguing his leadership is essential for the company’s future. This article urges Canadian boards to balance bold executive pay with governance, cautioning that shareholder value alone shouldn’t justify extreme compensation. It highlights the need for rigorous processes and proportionality in designing CEO incentives.