Board Games 2012: Canadian Corporate Governance rankings

Editor's Note:

Gildan Activewear received a mark of 93 out of 100 in the annual Board Games ranking of corporate governance this year, tying for 10th place over all in the rankings.

Calfrac Well Services Ltd. Received a mark of 69 out of 100 in the annual Board Games ranking of corporate governance this year, tying for 117 place over all in the rankings.

Chartwell Seniors Housing REIT received a score of 84 out of 100 in the annual Board Games ranking of corporate governance this year, tying for 50 place overall in the rankings.

Nexen Inc. received a score of 92 out of 100 in the annual Board Games ranking of corporate governance this year, tying for 13th place overall in the rankings.

Incorrect marking information was published in earlier versions of this table.

RANK	COMPANY NAME	TICKER	INDUSTRY GROUP	Board Composition subtotal (31)	Compensation subtotal (26)	Shareholders Rights subtotal (31)	Disclosure subtotal (12)	Total (100)	5-yr % rtn
1	Sun Life Financial Inc.	SLF-T	Financials	28	26	31	12	97	-42
2	Bank of Nova Scotia	BNS-T	Financials	29	24	31	12	96	25
2	Potash Corp. of Saskatchewan Inc.	POT-T	Materials	28	26	30	12	96	5
4	Manulife Financial Corp.	MFC-T	Financials	27	25	31	12	95	-67
4	The Toronto-Dominion Bank	TD-T	Financials	28	24	31	12	95	37
4	TransAlta Corp.	TA-T	Utilities	28	26	29	12	95	-40
7	Bank of Montreal	BMO-T	Financials	29	22	31	12	94	22
7	SNC-Lavalin Group Inc.	SNC-T	Industrials	28	24	30	12	94	-11
7	TransCanada Corp.	TRP-T	Energy	27	25	30	12	94	38
10	Gildan Activewear Inc.	GIL-T	Consumer Discretionary	26	26	29	12	93	-20
10	Royal Bank of Canada	RY-T	Financials	26	24	31	12	93	25
10	Shoppers Drug Mart Corp.	SC-T	Consumer Staples	30	22	29	12	93	-16
10	Suncor Energy Inc.	SU-T	Energy	27	24	30	12	93	-32
14	Canadian Imperial Bank of Commerce	CM-T	Financials	25	24	31	12	92	-0.13
14	Inmet Mining Corp.	IMN-T	Materials	24	26	30	12	92	-48
14	Nexen Inc.	NXY-T	Energy	26	24	30	12	92	-22
17	Cameco Corp.	CCO-T	Energy	27	22	30	12	91	-56
17	Canadian National Railway Co.	CNR-T	Industrials	27	21	31	12	91	78
17	Canadian Pacific Railway Ltd.	CP-T	Industrials	26	24	29	12	91	52
17	Goldcorp Inc.	G -T	Materials	25	24	30	12	91	41
17	National Bank of Canada	NA-T	Financials	27	24	28	12	91	77
17	Pengrowth Energy Corp.	PGF-T	Energy	26	26	27	12	91	-43
17	Rona Inc.	RON-T	Consumer Discretionary	28	24	27	12	91	-51
17	Vermilion Energy Inc.	VET-T	Energy	27	24	28	12	91	65
25	Agrium Inc.	AGU-T	Materials	23	26	30	11	90	78
25	Canadian REIT	REF.UN-T	Financials	26	24	28	12	90	78
25	Emera Inc.	EMA-T	Utilities	27	24	27	12	90	112
25	Keyera Corp.	KEY-T	Energy	26	26	27	11	90	316
25	Kinross Gold Corp.	K -T	Materials	27	22	29	12	90	-45
25	Manitoba Telecom Services Inc.	MBT-T	Telecom	28	23	27	12	90	-1.6
31	Precision Drilling Corp.	PD-T	Energy	24	24	29	12	89	-50
32	Industrial Alliance Insur. & Fin. Svcs Inc.	IAG-T	Financials	28	19	30	11	88	-19
32	TMX Group Inc.	X-T	Financials	27	21	29	11	88	4
34	Aimia Inc.	AIM-T	Consumer Discretionary	27	19	29	12	87	-16
34	ARC Resources Ltd.	ARX-T	Energy	25	24	27	11	87	61
34	Boardwalk REIT	BEI.UN-T	Financials	23	24	28	12	87	86
34	CAE Inc.	CAE-T	Industrials	24	24	29	10	87	-8
34	Finning International Inc.	FTT-T	Industrials	26	19	30	12	87	-19
39	Davis + Henderson Corp.	DH-T	Financials	25	22	28	11	86	61
39	Enbridge Inc.	ENB-T	Energy	27	20	27	12	86	129
39	Enerplus Corp.	ERF-T	Energy	27	24	24	11	86	-43
39	Intact Financial Corp.	IFC-T	Financials	22	23	30	11	86	59
39	Methanex Corp.	MX-T	Materials	26	21	28	11	86	21
39	Metro Inc.	MRU-T	Consumer Staples	22	23	29	12	86	80
45	BCE Inc.	BCE-T	Telecom	23	21	29	12	85	35
45	Fortis Inc.	FTS-T	Utilities	23	24	27	11	85	44
45	Home Capital Group Inc.	HCG-T	Financials	26	20	27	12	85	31
45	MacDonald Dettwiler and Associates Ltd.	MDA-T	Information Technology	25	19	29	12	85	30
45	Magna International Inc.	MG-T	Consumer Discretionary	27	19	29	10	85	8
50	Barrick Gold Corp.	ABX-T	Materials	19	24	29	12	84	2

5-year return is as of Oct. 31, 2012, based on Bloomberg data.
n/a = not applicable
Source: Marking data prepared by the Clarkson Centre for Business Ethics and Board Effectiveness at the University of Toronto

Download table as a CSV file

View full table

RANK	COMPANY NAME	TICKER	INDUSTRY GROUP	Board Composition subtotal (31)	Compensation subtotal (26)	Shareholders Rights subtotal (31)	Disclosure subtotal (12)	Total (100)	5-yr % rtn
1	Sun Life Financial Inc.	SLF-T	Financials	28	26	31	12	97	-42
2	Bank of Nova Scotia	BNS-T	Financials	29	24	31	12	96	25
2	Potash Corp. of Saskatchewan Inc.	POT-T	Materials	28	26	30	12	96	5
4	Manulife Financial Corp.	MFC-T	Financials	27	25	31	12	95	-67
4	The Toronto-Dominion Bank	TD-T	Financials	28	24	31	12	95	37
4	TransAlta Corp.	TA-T	Utilities	28	26	29	12	95	-40
7	Bank of Montreal	BMO-T	Financials	29	22	31	12	94	22
7	SNC-Lavalin Group Inc.	SNC-T	Industrials	28	24	30	12	94	-11
7	TransCanada Corp.	TRP-T	Energy	27	25	30	12	94	38
10	Gildan Activewear Inc.	GIL-T	Consumer Discretionary	26	26	29	12	93	-20
10	Royal Bank of Canada	RY-T	Financials	26	24	31	12	93	25
10	Shoppers Drug Mart Corp.	SC-T	Consumer Staples	30	22	29	12	93	-16
10	Suncor Energy Inc.	SU-T	Energy	27	24	30	12	93	-32
14	Canadian Imperial Bank of Commerce	CM-T	Financials	25	24	31	12	92	-0.13
14	Inmet Mining Corp.	IMN-T	Materials	24	26	30	12	92	-48
14	Nexen Inc.	NXY-T	Energy	26	24	30	12	92	-22
17	Cameco Corp.	CCO-T	Energy	27	22	30	12	91	-56
17	Canadian National Railway Co.	CNR-T	Industrials	27	21	31	12	91	78
17	Canadian Pacific Railway Ltd.	CP-T	Industrials	26	24	29	12	91	52
17	Goldcorp Inc.	G -T	Materials	25	24	30	12	91	41
17	National Bank of Canada	NA-T	Financials	27	24	28	12	91	77
17	Pengrowth Energy Corp.	PGF-T	Energy	26	26	27	12	91	-43
17	Rona Inc.	RON-T	Consumer Discretionary	28	24	27	12	91	-51
17	Vermilion Energy Inc.	VET-T	Energy	27	24	28	12	91	65
25	Agrium Inc.	AGU-T	Materials	23	26	30	11	90	78
25	Canadian REIT	REF.UN-T	Financials	26	24	28	12	90	78
25	Emera Inc.	EMA-T	Utilities	27	24	27	12	90	112
25	Keyera Corp.	KEY-T	Energy	26	26	27	11	90	316
25	Kinross Gold Corp.	K -T	Materials	27	22	29	12	90	-45
25	Manitoba Telecom Services Inc.	MBT-T	Telecom	28	23	27	12	90	-1.6
31	Precision Drilling Corp.	PD-T	Energy	24	24	29	12	89	-50
32	Industrial Alliance Insur. & Fin. Svcs Inc.	IAG-T	Financials	28	19	30	11	88	-19
32	TMX Group Inc.	X-T	Financials	27	21	29	11	88	4
34	Aimia Inc.	AIM-T	Consumer Discretionary	27	19	29	12	87	-16
34	ARC Resources Ltd.	ARX-T	Energy	25	24	27	11	87	61
34	Boardwalk REIT	BEI.UN-T	Financials	23	24	28	12	87	86
34	CAE Inc.	CAE-T	Industrials	24	24	29	10	87	-8
34	Finning International Inc.	FTT-T	Industrials	26	19	30	12	87	-19
39	Davis + Henderson Corp.	DH-T	Financials	25	22	28	11	86	61
39	Enbridge Inc.	ENB-T	Energy	27	20	27	12	86	129
39	Enerplus Corp.	ERF-T	Energy	27	24	24	11	86	-43
39	Intact Financial Corp.	IFC-T	Financials	22	23	30	11	86	59
39	Methanex Corp.	MX-T	Materials	26	21	28	11	86	21
39	Metro Inc.	MRU-T	Consumer Staples	22	23	29	12	86	80
45	BCE Inc.	BCE-T	Telecom	23	21	29	12	85	35
45	Fortis Inc.	FTS-T	Utilities	23	24	27	11	85	44
45	Home Capital Group Inc.	HCG-T	Financials	26	20	27	12	85	31
45	MacDonald Dettwiler and Associates Ltd.	MDA-T	Information Technology	25	19	29	12	85	30
45	Magna International Inc.	MG-T	Consumer Discretionary	27	19	29	10	85	8
50	Barrick Gold Corp.	ABX-T	Materials	19	24	29	12	84	2

Editors' Picks

Politics Insider

Highlights

More from The Globe and Mail

Most Popular Stories

More Top Stories

Video

Photos

Add to Watchlist

We've run into a glitch. Please try again later.

We've run into a glitch. Please try again later.

Customize your reading font