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.”