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Bill Ackman, foreground, CEO of Pershing Square Capital Management, and Hunter Harrison, former CEO of Canadian National Railway, leave the stage after a town hall meeting Feb. 6, 2012, in Toronto. (Fred Lum/The Globe and Mail/Fred Lum/The Globe and Mail)
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The rise of Canadian shareholder activism
JODY WHITE
— The Globe and Mail
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Mr. Ackman, Canada’s shareholders thank you In the wake of Bill Ackman’s shake-up of Canadian Pacific Railway’s board, the number of minority shareholder challenges to corporate boards almost doubled in 2012 and may increase further this year, according to a Bloomberg report.