Changeflow GovPing Government & Legislation Fifth Annual Corporate Diversity Disclosure Report
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Fifth Annual Corporate Diversity Disclosure Report

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Summary

Corporations Canada has released the fifth edition of its annual diversity disclosure report, measuring diversity levels on the boards of directors and senior management teams of federal distributing corporations. The 2024 report measures trends and progress against baseline data established in last year's report and adds a new section reporting on trends over the last five years. Federal distributing corporations governed by the Canada Business Corporations Act, typically publicly traded companies, are required to disclose to their shareholders and to Corporations Canada the representation of women, Indigenous Peoples, racialized people and people with disabilities on their boards and among senior management, or explain if no diversity policies or targets are in place.

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GovPing monitors Corporations Canada Notices for new government & legislation regulatory changes. Every update since tracking began is archived, classified, and available as free RSS or email alerts — 3 changes logged to date.

What changed

Corporations Canada has released the fifth edition of its annual diversity disclosure report, providing updated statistics on diversity representation across boards and senior management at federal distributing corporations. The report introduces a new five-year trend analysis section, allowing for longitudinal assessment of diversity progress. The report itself does not impose new legal obligations but reflects ongoing mandatory disclosure requirements under the Canada Business Corporations Act. Federal distributing corporations that are publicly traded should monitor this report as it establishes benchmarks against which their own diversity disclosures will be measured and compared by regulators and shareholders.

Compliance and investor relations teams at affected corporations should review the report's findings to understand the current state of diversity representation in their peer group. While the current regime is disclosure-based rather than prescriptive, the five-year trend data may inform shareholder expectations and proxy advisor scrutiny of individual company disclosure practices.

Archived snapshot

Apr 25, 2026

GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.

Now available: 2024 Annual Report on Diversity of Boards of Directors and Senior Management of Federal Distributing Corporations

Corporations Canada (CC) has released the fifth edition of 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 2024 report measures trends and progress made against baseline data established in last year's report, and includes a summary of the key highlights. CC has added an additional section reporting on trends over the last 5 years.

Read the report

Federal distributing corporations governed by the Canada Business Corporations Act, typically publicly traded companies, are required to disclose to their shareholders and to CC the representation of women, Indigenous Peoples (First Nations, Inuit and Métis), racialized people and people with disabilities 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 if none are in place.

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Date modified:

2025-10-06

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Last updated

Classification

Agency
CC
Instrument
Notice
Branch
Executive
Legal weight
Non-binding
Stage
Final
Change scope
Minor

Who this affects

Applies to
Public companies
Industry sector
5231 Securities & Investments
Activity scope
Diversity reporting Board composition disclosure Senior management reporting
Geographic scope
Canada CA

Taxonomy

Primary area
Financial Services
Operational domain
Compliance
Topics
Corporate Governance Securities

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