Initiative received 42% support from RBC shareholders at latest AGM, and 37% from BMO shareholders
Bank allegedly denied credit to customers of Armenian descent
Demand for minority directors expected to increase as transparency improves
Regulators are proposing more extensive disclosure from issuers
A KPMG survey finds 88% of Black Canadian workers feel companies need stronger commitments and targets for hiring and promoting Black people
The department says City National avoided underwriting mortgages in majority Black and Latino neighborhoods
The NSSC and FCNB published a consultation paper on possible governance reform
Many firms have new targets and strategies, but real change will take time
Programs aim to root out bias from customer service, but more work is needed
Companies are facing increased pressure, but gaps remain in diversity data