Skip to main content
Blog Post | Timely Disclosure

Canadian Securities Regulators Publish Competing Proposals on Poison Pills and Defensive Tactics

Reading Time 1 minute read


Since the Supreme Court of Canada’s 2008 decision in BCE, Canadian boards responding to a hostile bid have been faced with a conundrum.  On the one hand, Canada’s highest court has enshrined the idea that boards may consider all affected stakeholder interests, not just those of shareholders, in exercising their fiduciary duty to act in... Continue Reading