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Susan Kushneryk Discusses with The Ca...

Susan Kushneryk Discusses with The Canadian Press Whether Virtual Shareholder Meetings are Here to Stay

August 3, 2020

Partner Susan Kushneryk was quoted in an article by The Canadian Press on August 3, 2020 discussing virtual shareholder meetings.

From the article:

As of July 28, 583 AGMs had been held by companies listed on the Toronto Stock Exchange, according to figures compiled by Hansell LLP of Toronto, a corporate advisory law firm. That’s down almost 22 per cent from the same time last year, as some companies took advantage of pandemic-related deadline extensions offered by regulators.

Hansell partner Susan Kushneryk said she expects more virtual AGMs will take place in the future for two reasons — people may be hesitant to attend crowded events even if the pandemic is under control and the convenience of being able to dial in or catch a meeting online has now been well demonstrated.

“If you’re invested in a company based in Calgary and you live in Kelowna (B.C.), now, if that company is having a virtual AGM, it may be you’re able to attend for the first time since you’ve held those shares,” she said.

“So there’s a real benefit there.”

Read the full article here.