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A 10-year look at Quebec’s corporate governance act

Friday, April 07, 2017 @ 11:19 AM | By Pierre-Luc Desgagné and Émilie Audy

On Dec. 14, 2006, the National Assembly of Québec unanimously adopted the Act respecting the Governance of State-owned Enterprises, with the stated goal to bring proactive changes in the composition, functioning and responsibilities of the boards of directors of state-owned corporations. Its assent sent out a strong message that those enterprises had to become a governance model for the business community.

Ten years later, the ambitious aim is mainly achieved. However, we all have to recognize that challenges remain regarding parity and diversity in general, especially in...