Board Diversity Matters

Women Get On Board Virtual Speaker Series focuses on emerging issues/trends that board members need to consider in their board roles. An effective board is critical for companies to navigate these turbulent times. We face internal and external challenges & new opportunities- from diversity & inclusion, hybrid workplaces, ESG, globalization, geo-political, cybersecurity and data privacy, shareholder engagement, uncertain economic conditions & talent alignment. Our expert guest speakers will discuss strategies and provide insights on how boards can be more effective.

Event Description:

Join us to get highlights from the Osler 2023 Diversity Disclosure Practices Report – Diversity and leadership at Canadian public companies followed by a panel discussion with leading and serving corporate directors.


The diversity of leadership in corporate Canada has undergone a significant transformation in recent years. The proportion of women on Canadian boards and in executive officer positions, especially, continues to increase at an encouraging rate. Among 532 vacant or newly created board positions, a woman was chosen to fill it 45.3% of the time — a sign that Canadian companies are nearing the rate at which women would, over time, achieve parity.

But progress rarely comes evenly. Beyond gender, more members of visible minorities are sitting on boards and in C-suites than ever before (10.2% of board seats among CBCA corporations, compared to 8.3% last year). Representation of Indigenous peoples and persons with disabilities, however, remains sparse at both levels, with virtually no progress since last year.

Osler's ninth annual comprehensive report on diversity disclosure practices covers disclosure by TSX-listed companies and CBCA corporations subject to disclosure requirements. We analyze year-over-year trends across various industries, spotlighting success stories as well as areas of opportunity. The report also highlights some examples of excellence in disclosure.


12:00 PM - 12:05 PM
Welcome & Introduction
Dr. Deborah Rosati, Founder & CEO, Women Get On Board Inc.
12:05 PM - 12:20 PM
12:20 PM - 12:45 PM
12:45 PM - 12:55 PM
12:55 PM - 1:00 PM
Thank You & Closing Remarks


  • Michelle Banik (Director of Empire Company Ltd.)

    Michelle Banik

    Director of Empire Company Ltd.

    Michelle Banik is an experienced board director and C-Suite executive with global experience spanning Canada, US, UK, and Asia.

    As a director she embraces strong corporate governance principles, anchored in values, to contribute to decisions that enable growth and innovation, reflecting the needs of diverse groups of stakeholders.

    As an accomplished senior executive, and a values-based leader Michelle has thrived in organizations at various stages of organic and inorganic growth. Enabled by a passion for building, she has played a key role in M&A efforts, advancing strategic business priorities, alongside people & culture agendas.

    Michelle currently serves on the Human Resources and Audit Committees for Empire Company (TSX: EMP.A), the Audit, Governance & Fund Raising/ Donor Relations Committees at Western University and is the Chair of the HRCC for Canada’s largest child & youth serving charitable organization, BGC Canada.

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  • Wendy Kei (Board Chair at OPG & NFI Group Inc. (TSX: NFI))

    Wendy Kei

    Board Chair at OPG & NFI Group Inc. (TSX: NFI)

    Ms. Wendy Kei currently serves as Board Chair for both Ontario Power Generation Inc. (OPG) and NFI Group Inc. (TSX: NFI). She is also the Chair of the Audit Committee for Centerra Gold Inc. (TSX:CG.TO & NYSE:CGAU).

    Ms. Kei is a Fellow Chartered Professional Accountants (FCPA, FCA), a Fellow from the Institute of Corporate Directors (F.ICD), ESG Designation (GCB.D) from Competent Boards and holds a Bachelor of Mathematics from the University of Waterloo. Ms. Kei was honoured as BMO Celebrate Women on Boards 2022 Honouree, in 2020, was named one of Canada’s Top 100 Most Powerful Women and in 2016 was selected as a Diversity 50 2016 Candidate by the Canadian Board Diversity Council.

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  • Andrew MacDougall (Partner at Osler)

    Andrew MacDougall

    Partner at Osler

    Andrew is a senior partner at Osler Hoskin & Harcourt LLP and a recognized expert on corporate governance, executive compensation and shareholder activism. He leads the Osler corporate governance practice, advising public, private, not-for-profit organizations and crown corporations on director responsibilities, disclosure, insurance and indemnification, stakeholder engagement, and other governance matters. He is an ICD.D member of the Institute of Corporate Directors and a Fellow of the American College of Governance Counsel. He serves on the Greater Toronto Area Chapter Executive of the Institute of Corporate Directors and the Advisory Board for CPA Canada’s annual Conference for Audit Committees. Previously, he served on the Risk Oversight and Governance Board of the Canadian Institute of Chartered Accountants and was a staff member of the Toronto Stock Exchange Report on Corporate Governance (Dey Committee).

    A prolific writer, speaker and commentator on new developments, he has co-authored leading Canadian publications on stakeholder engagement and shareholder engagement released by CPA Canada in 2018 and 2012, respectively. He is also a co-author of the joint Osler and ICD publications Financial distress – The board’s role (2019) and The Board’s role in crisis management (2016).

    Andrew launched Osler’s Diversity Disclosure Practices report in 2015. Published annually from 2015 to 2023, the Osler Diversity Disclosure Practices report is the preeminent publication on the diversity practices of senior leaders of Canadian public companies.

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Board Diversity Matters

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Standard Price CAD $40

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