The Canadian Securities Administrators announced new rules for disclosure of executive compensation for public companies with the fiscal year ending Oct. 31, 2011. The agency had earlier made amendments to its Form 51-102F6, Statement of Executive Compensation. Among the issues to be addressed by companies in their compensation policies: risk-adjusted compensation, competence of the compensation committee, executive hedging, disclosure of performance targets, and fees for compensation consultants.
In the revised setting, companies must disclose to shareholders
