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Stock impact report

Scotiabank's refusal to audit equity draws loud response from shareholders [Wealth Professional (Canada)]

Bank Nova Scotia Halifax Pfd 3 Ordinary Shares (BNS) 
Last bank nova scotia halifax pfd 3 ordinary shares earnings: 2/25 05:30 am Check Earnings Report
The Shareholder Association for Research and Education (SHARE) reported that more than 37 percent of shareholders voted in favour of a proposal urging the Bank of Nova Scotia (Scotiabank) to commission a third-party racial equity audit. That level of support, according to SHARE, more than doubles the 2024 average for shareholder resolutions at Canadian companies. The proposal was filed by SHARE on behalf of the Hamilton Community Foundation. Large institutional investors backing the proposal include the Canada Pension Plan Investment Board (CPPIB), British Columbia Investment Management Corporation (BCI), Investment Management Corporation of Ontario (IMCO), California Public Employees' Retirement System (CalPERS), and California State Teachers' Retirement System (CalSTRS). Scotiabank is now the only one of Canada's Big Six banks that has not committed to a third-party racial equity audit. Since 2023, Bank of Montreal, Royal Bank of Canada, Canadian Imperial Bank of Commerce Show less Read more
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