95 Order Respecting Time Limits and Other Periods Established By or Under Certain Acts and Regulations for which the Minister of Industry Is Responsible (COVID-19) , online: https:// www.ic.gc.ca/eic/site/693.nsf/eng/h_00184.html; Time Limits and Other Periods Act (COVID-19) , SC 2020, c 11, section 11, online: https://www.canlii.org/en/ca/laws/astat/ sc-2020-c-11/latest/sc-2020-c-11.html. 96 Canadian Securities Administrators, “Canadian Securities Regulators Provide Guidance on Conducting Annual General Meetings During COVID-19 Outbreak” (March 20, 2020), online: https://www.securities-administrators.ca/aboutcsa. aspx?id=1879. 97 Canadian Securities Administrators, “Canadian Securities Regulators Provide Temporary Relief to Public Companies with Delayed Annual Meetings Due To COVID-19” (May 1, 2020), online: https://www.securities-administrators.ca/ aboutcsa.aspx?id=1897. 98 U.S. Securities and Exchange Commission, Release No. 34- 88465 (March 25, 2020), online: https://www.sec.gov/rules/ exorders/2020/34-88465.pdf. 99 U.S. Securities and Exchange Commission, “Staff Guidance for Conducting Shareholder Meetings in Light of COVID-19 Concerns” (April 7, 2020), online: https://www.sec.gov/ocr/ staff-guidance-conducting-annual-meetings-light-covid-19- concerns. 100 Toronto Stock Exchange, “Staff Notice 2020-0002” (March 23, 2020), online: https://decisia.lexum.com/tsx/sn/en/ item/466093/index.do; TSX Venture Exchange, “Extension of Deadlines for AGM and Stock Option Plan Approval” (March 23, 2020), online: https://www.tsx.com/resource/en/2230. 101 Glass, Lewis & Co., “Immediate Glass Lewis Guidelines Update on Virtual-Only Meetings due to COVID-19 (Coronavirus)” (March 19, 2020), online: https://www. glasslewis.com/immediate-glass-lewis-guidelines-update- on-virtual-only-meetings-due-to-covid-19-coronavirus/; Institutional Shareholder Services Inc., “Impacts of the COVID-19 Pandemic – ISS Policy Guidance” (April 8, 2020), online: https://www.issgovernance.com/file/policy/ active/americas/ISS-Policy-Guidance-for-Impacts-of-the- Coronavirus-Pandemic.pdf. Chapter 6 – Executive Decisions: Compensation Trends In and Outside of Times of Crisis 102 Hugessen Consulting, Canadian Pay Cut Summary (June 20, 2020), online: https://www.hugessen.com/sites/ default/files/inline-files/Canadian%20Pay%20Cut%20 Summary%20%28as%20of%20July%2020%202020%29. pdf [Hugessen].
103 Hugessen Consulting, 2020 Proxy Season Overview: Highlights from the TSX60 and Commentary on the Impacts of Covid-19 , online: https://www.hugessen.com/sites/default/ files/news/20%2006%2018%20TSX-60-draft-rev3.pdf, at 3 [Hugessen]. 104 Mark Emanuel, Kathryn Neel, Todd Sirras and Matteo Tonello, Executive and Director Compensation Reductions in the COVID-19 Era , online: https://conferenceboard.esgauge.org/ covid-19/payreductions. 105 Ibid . 106 The Walt Disney Company, Notice of 2020 Annual Meeting and Proxy Statement (January 17, 2020), online: https:// thewaltdisneycompany.com/app/uploads/2020/01/2020- Proxy-Statement.pdf, at 19-20. 107 Christopher Palmeri and Anders Melin, “Disney’s Bob Iger Faces Criticism of Pay, Even After Leaving CEO Job,” Bloomberg (March 5, 2020), online: https://www.bloomberg. com/news/articles/2020-03-05/disney-s-iger-faces- criticism-of-pay-even-after-leaving-ceo-job. 108 United States Securities and Exchange Commission, Form 8-K Walt Disney Co (March 30, 2020), online: https://sec.report/Document/0001744489-20- 000072/#dis-20200330.htm. 109 Supra note 107. 110 “Mickey’s on furlough: Disney’s Wholesome Family Image Takes a Hit as It Lays Off Workers but Maintains Executive Bonuses,” Financial Times (April 27, 2020), online: https:// financialpost.com/financial-times/mickeys-on-furlough- disneys-wholesome-family-image-takes-a-hit-as-it-lays-off- workers-but-maintains-executive-bonuses. 111 Hugessen, supra note 102. 112 Peter Eavis, “As the Pandemic Forced Layoffs, C.E.O.s Gave Up Little,” The New York Times (July 29, 2020), online: https://www.nytimes.com/2020/07/29/business/economy/ ceo-pay-pandemic-layoffs.html. 113 Greg Arnold and Blair Jones, “Principles for Paying Incentives in the Midst of Covid-19,” Semler Brossy (July 17, 2020), online: https://www.semlerbrossy.com/insights/principles-for- paying-incentives-in-the-midst-of-covid-19/ [Semler Brossy]; Hugessen, supra note 103, at 7; ISS Global Policy Board, Impacts of the COVID-19 Pandemic: ISS Policy Guidance (April 8, 2020), online: https://www.issgovernance.com/file/ policy/active/americas/ISS-Policy-Guidance-for-Impacts-of- the-Coronavirus-Pandemic.pdf, at 7.
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