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board games 2021

For the 20th year in a row, Report on Business has rated the work of Canada’s corporate boards using a rigorous set of governance criteria designed to go far beyond minimum mandatory rules imposed by regulators.

Markers at the David and Sharon Johnston Centre for Corporate Governance Innovation at University of Toronto examined the boards of directors of 220 companies and trusts in the S&P/TSX Composite Index to assess the quality of their governance practices.

The chart shows the total marks for 2021 based on dozens of individual criteria across four broad subcategories.

The marks are based on information published in the most recent annual shareholder proxy circulars of companies who were members of the composite index through the end of September. Companies added to the index in the third quarter were not included.

Why boardrooms must be fluent in the ABCs of ESG

After new federal rules came in, how many Canadian companies increased diversity on their boards?

Use of dual-class shares on the rise in Canada

Board Games 2021: How we ranked Canada’s corporate boards

See the full Board Games methodology for information on how each question was marked.

For a downloadable, sortable excel, click here

Additional tables on company and director diversity and a full report card are available for purchase.

RankTickerCompanyIndustryScore (Out of 100)Last year's score (Out of 100)Q1 (Out of 4)Q2 (Out of 1)Q3 (Out of 1)Q4 (Out of 1)Q5 (Out of 4)Q6a (Out of 1)Q6b (Out of 1)Q7a (Out of 3)Q7b (Out of 2)Q8a (Out of 1)Q8b (Out of 1)Q9 (Out of 3)Q10 (Out of 3)Q11 (Out of 3)Q12 (Out of 2)Subtotal (Out of 31)Q13a (Out of 3)Q13b (Out of 4)Q13c (Out of 1)Q14a (Out of 2)Q14b (Out of 1)Q14c (Out of 2)Q15 (Out of 2)Q16 (Out of 1)Q17a (Out of 1)Q17b (Out of 2)Q17c (Out of 1)Q17d (Out of 1)Q18a (Out of 1)Q18b (Out of 1)Q18c (Out of 1)Q19a (Out of 1)Q19b (Out of 1)Q20 (Out of 1)Q21 (Out of 2)Q22 (Out of 1)Subtotal (Out of 30)Q23 (Out of 3)Q24 (Out of 2)Q25 (Out of 2)Q26 (Out of 1)Q27 (Out of 1)Q28a (Out of 2)Q28b (Out of 2)Q28c (Out of 2)Q29 (Out of 1)Q30 (Out of 1)Q31 (Out of 10)Subtotal (Out of 27)Q32 (Out of 1)Q33 (Out of 2)Q34 (Out of 1)Q35 (Out of 1)Q36 (Out of 2)Q37a (Out of 2)Q37b (Out of 1)Q38a (Out of 1)Q38b (Out of 1)Subtotal (Out of 12)
1CNR-TCanadian National Railway Co.Industrials98964111410320133322934121221121111111121303221122211102712112211112
1EFN-TElement Fleet Management Corp.Industrials98884111411321133323134121211121111111121293220122211102612112211112
1IFC-TIntact Financial Corp.Financials98984111410321133323034121221111111111121293221122211102712112211112
1MFC-TManulife Financial Corp.Financials98964111411320133323033121221121111111121293221122211102712112211112
1RY-TRoyal Bank of CanadaFinancials98944111411320133323034121221121111111121303221122111102612112211112
6BNS-TBank of Nova ScotiaFinancials97934111411320132322934121221121111111121303221122111102612112211112
6EMA-TEmera Inc.Utilities97944111411321033323033121221121111111121293221122111102612112211112
6TD-TToronto-Dominion BankFinancials97944111411320133323034121221121111110121293221122111102612112211112
6TA-TTransAlta Corp.Utilities97934111411320133323034121221121111111121303221022111102512112211112
10CM-TCanadian Imperial Bank of CommerceFinancials96914111411321133323132121221121111110121273221122111102612112211112
10FTS-TFortis Inc.Utilities96924111411320133323034121221121111111121303220022111102412112211112
10SU-TSuncor Energy Inc.Energy96944111411320133323034111221121111111121293211122111102512112211112
13AQN-TAlgonquin Power & Utilities Corp.Utilities95894111411320133323034111221121111111121293221102111102412112211112
13BMO-TBank of MontrealFinancials95944111411320023322834121221121111110121293221122111102612112211112
13CP-TCanadian Pacific Railway Ltd.Industrials95974111410320133322934121221121111111021293211122111102512112211112
13SLF-TSun Life Financial Inc.Financials95954111410210133322734121221121111111121303221122111102612112211112
13T-TTELUS Corp.Communications Services95924111411321133323134121221121111111020283211012211102412112211112
18CCO-TCameco Corp.Materials94894111411321133323114111221121111111120263210122211102512112211112
18CWB-TCanadian Western BankFinancials94894111410321133323014111221121111111121273221112111102512112211112
18CSH-UN-TChartwell Retirement ResidencesReal Estate94954111411320033322933121221121111110121283221122211102710112211110
18FCR-UN-TFirst Capital REITReal Estate94884111411300133322834121221121111111121303211012211102412112211112
18GRT-UN-TGranite REITReal Estate94924111410320132322834121221121111111121303011122211102412112211112
18LWRK-TLifeWorks Inc.Industrials94964111410320133322934121221121111111021293221022211102610112211110
18MRU-TMetro Inc.Consumer Staples94884111401320033322834121221121111111001273221122211102712112211112
18NA-TNational Bank of CanadaFinancials94894111401321133323034121221121111110101273221112111102512112211112
18PPL-TPembina Pipeline Corp.Energy94904111411320033322934121221121111111121303221101111102312112211112
27BCE-TBCE Inc.Communications Services93874111410321133323034111201121111111121273221122111102610112211110
27CPX-TCapital Power Corp. Utilities93914111410320132322834111221121111111121293221122111102610112211110
27FTT-TFinning International Inc.Industrials93894111411321033323034121221121111111020283210122111102412102211111
27GIL-TGildan Activewear Inc.Consumer Discretionary93894111411210133312734121221111111111121293211022211102512112211112
27K-TKinross Gold Corp.Materials93904111411320133323033111221121111111121283210122211102510112211110
32AGI-TAlamos Gold Inc.Materials92874111411320033322934111221121111111121293210122111102410112211110
32AP-UN-TAllied Properties REITReal Estate92874111411320033322934121221021101100121263221022111102512112211112
32IAG-TiA Financial Corp. Inc.Financials92914111411310023322732021221121111111121273221122211102712112211011
32KEY-TKeyera Corp.Energy92854111411300133322834121221121111111020283220122211102610112211110
32LB-TLaurentian Bank of CanadaFinancials92904111411320132322933111221121111111121283211121111102412102211111
32SNC-TSNC-Lavalin Group Inc.Industrials92894111410220033322731111221121111111121263221122211102712112211112
38INE-TInnergex Renewable Energy Inc.Utilities91894111411220133322934121221121111111020283011022111102212112211112
38MX-TMethanex Corp.Materials91884111411320133312933121221121111111121293220102111102310112211110
38TRP-TTC Energy Corp.Energy91944111410220133322833121221121111111021283211122111102510112211110
38X-TTMX Group Ltd.Financials91924111411220033322833121221121111111121293211112111102410112211110
42ENB-TEnbridge Inc.Energy90884111210321133322833121211121111111001253220122111102512112211112
42NTR-TNutrien Ltd.Materials90884111411320133323014111221121111111021263210122111102410112211110
42PSK-TPrairieSky Royalty Ltd. Energy90884111411220033322834111221010111111120253220122111102512112211112
42PBH-TPremium Brands Holdings Corp.Consumer Staples90824111411221133312934120221111100011020233211122211102612112211112
42STN-TStantec Inc.Industrials90924111411311023322833121121021111111120263211122211102610112211110
47ABX-TBarrick Gold Corp.Materials89864111111120033322433121221011111111121273220122211102612112211112
47CVE-TCenovus Energy Inc. Energy89914110401221133322834111201121111111120263220122111102510112211110
47EQB-TEquitable Group Inc.Financials89834111411320133323034111211121111110121270220012111102012112211112
47FNV-TFranco-Nevada Corp.Materials89894111211220033312534121221011111111121283221022211102610112211110
47GEI-TGibson Energy Inc.Energy89774111411320033322933121211121111011021263211102111102312112211011
47IMG-TIAMGOLD Corp.Materials89814111411210123302514121221121111111121283220122211102610112211110
47SIA-TSienna Senior Living Inc.Health Care89924111411220133312814121221121111110121273010022211102212112211112
47WFG-TWest Fraser Timber Co. Ltd.Materials89774111410320033312714111221121111111020253210122211102512112211112
47WSP-TWSP Global Inc.Industrials89834111411320021322634121221121111111021293220022111102410112211110
56ARE-TAecon Group Inc.Industrials88834111211221133322834121221020100000120223220122211102612112211112
56AC-TAir Canada Industrials88904111410320132322832121221121111111001253221022111102510112211110
56ARX-TARC Resources Ltd.Energy88834111411320033302733121221010111111121263021122211102510112211110
56BEI-UN-TBoardwalk REITReal Estate8889411101122003332243412122112111111112130321112221110261011201118
56CPG-TCrescent Point Energy Corp .Energy88854111411220033322813011221121111111121253220122111102510112211110
56ELD-TEldorado Gold Corp.Materials88784111411321033312934111211121111111000243210112111102312112211112
56HR-UN-TH&R REITReal Estate88864111411220133302733121211121111111021273220012211102410112211110
56H-THydro One Ltd.Utilities888841114113201333230341110011211111110212432211222118251011221019
56NGD-TNew Gold Inc. Materials88n/a4111411310023312634111211121111111121283210122111102410112211110
56REI-UN-TRiocan REITReal Estate88884111210220033322534111211121111111121283211012111102312112211112
56WDO-TWesdome Gold Mines Ltd.Materials8875411141122012332283412112112111111112028322011210110231011221109
67AEM-TAgnico Eagle Mines Ltd.Materials87814111411200123322620021221121111111121243220022211102512112211112
67AIF-TAltus Group Ltd.Real Estate87834111411320023312734110221121111111121283211110111102210112211110
67DSG-TDescartes Systems Group Inc.Information Technology87854111410210133322734111011121111111121263210112011102212112211112
67HCG-THome Capital Group Inc.Financials87844001411221133322834111121110100010121223220122111102512112211112
67KMP-UN-TKillam Apartment REITReal Estate87864111401220023322634121211121111111020273210022211102410112211110
67KL-TKirkland Lake Gold Ltd.Materials87794111411200023322534121121121111111020273210122211102512112201010
67MAG-TMAG Silver Corp.Materials8786411141132003332293412122112111111010026322002211110241010221108
67MG-TMagna International Inc.Consumer Discretionary87884111410320033322814121211121111111000233201122111102412112211112
67SRU-UN-TSmartCentres REITReal Estate87n/a410011132003332243412122112111111112130302012221172112112211112
67YRI-TYamana Gold Inc.Materials87884111111320033302434111221121111111121293200122211102410112211110
77CAE-TCAE Inc.Industrials86844111411220033312734111221121100011120253220022111102410112211110
77CAR-UN-TCanadian Apartment Properties REIT Real Estate86854111401320133322934121221121100000021243011022211102310112211110
77WN-TGeorge Weston Ltd.Consumer Staples86794111011321133322734121201121100011020233021022211102412112211112
77JWEL-TJamieson Wellness Inc.Consumer Staples86514111411220033322832121221121111111121283210001111102010112211110
77RUS-TRussel Metals Inc.Industrials86814111411220132322834110221121100000120223210122111102412112211112
77SAP-TSaputo Inc.Consumer Staples86844111011320033322534121221121100011121273220101211102312102211111
77SPB-TSuperior Plus Corp. Utilities8686411141112003331263411122112110001102125322012221110261011220119
77WPM-TWheaton Precious Metals Corp.Materials8681411141112013332281311122112111111112126321002211110231211200119
85CJT-TCargojet Inc.Industrials85764111411020133322734121221121111111021290020022111101910112211110
85CRR-UN-TCrombie REITReal Estate8580400041121002332232412122112111111112028322102221172302112211111
85EMP-A-TEmpire Co. Ltd.Consumer Staples8578410141132003331272412122112111111102027322111211141912112211112
85L-TLoblaw Companies Ltd.Consumer Staples85794111010321133322634121201121100011020233021022211102412112211112
85LUN-TLundin Mining Corp.Materials8572411140132003332281412122112111111000124322002211110241001221119
85MEG-TMEG Energy Corp. Energy8588411141122003332281311122112111111112126321010211110221211200119
85TIH-TToromont Industries Ltd.Industrials85844111411200133322734111221120000000121223220122211102610112211110
85WCP-TWhitecap Resources Inc. Energy85774111411120013312412111221121111111021243210122211102512112211112
93BYD-TBoyd Group Services Inc. Consumer Discretionary8476411141112013300233412122112111111112029301012221110231011221109
93CCA-TCogeco Communications Inc.Communications Services8480411110132013332263412111112110001112125322112221142112112211112
95AX-UN-TArtis REITReal Estate83764111411320123022634111211010011110020213210122211102512102211111
95BDGI-TBadger Infrastructure Solutions Ltd.Industrials83824111411120033302534111220121100010020223220122211102610112211110
95CHP-UN-TChoice Properties REITReal Estate83804111210321023322634120221121100011000223021012211102312112211112
95HBM-THudbay Minerals Inc.Materials8381411141122013231273411121102111111102025321011211110231010220118
95ITP-TIntertape Polymer Group Inc.Consumer Discretionary83764111411220011302234111211121111111121283220100111102112112211112
95OTEX-TOpen Text Corp.Information Technology8380411141130013330263411122112111111102027320011111110211011220119
101CNQ-TCanadian Natural Resources Ltd.Energy82824111111220133322614121221021111111101253010102211102110112211110
101ECN-TECN Capital Corp.Financials82834111411210033322734111211121111111020263210000111101910112211110
101OGC-TOceanaGold Corp.Materials8264411141122002332271411120012111111112023322012221110261011200106
101PKI-TParkland Corp.Energy82794111411120121312434111201111111111021253020122111102312112011110
105ALA-TAltaGas Ltd.Energy8179111041132013332261212122112111111112025321010211110221011201118
105BLX-TBoralex Inc.Utilities81744111411310033012414111221120111111120253010122111102210112211110
105CLS-TCelestica Inc.Information Technology8173411141012013331262412122112111111112028322112221101712112011110
105NWC-TNorth West Co. Inc.Consumer Staples81804111410210132312534111221121111110021273020001111101910112211110
105RBA-TRitchie Bros. Auctioneers Inc. Industrials81834111411320133323032121001121100011120203010012101101912112211112
110CG-TCenterra Gold Inc.Materials8073411141112113331281311111112111111112023022012211110221011200117
110DIR-UN-TDream Industrial REITReal Estate8077411141121002332263412021102101110002123021012221110221011221019
110EIF-TExchange Income Corp.Industrials80784111411220031322614121221111100000020203011122211102410112211110
110KXS-TKinaxis Inc.Information Technology80804111410320031322633110211111111111021243220100110102010112211110
110PAAS-TPan American Silver Corp.Materials8077411141130001331241402122112111111100124301012221110231011220119
110PVG-TPretium Resources Inc. Materials8072411141122003201231411121112111111110023322011221110251011221109
110SJ-TStella-Jones Inc.Materials8071411141132002231262201022112111111112124302012221110241001200116
110TRQ-TTurquoise Hill Resources Ltd.Materials80n/a111041102113331233301122101011111102022321112221110261011221109
110VET-TVermilion Energy Inc.Energy8081411101122003332241011122112111111112022321102221110251211200119
119CUF-UN-TCominar REIT Real Estate7981411141112002330243412111111111111102126321110210110221011201107
119DPM-TDundee Precious Metals Inc.Materials7969411120130012332241411122112111111110024321002211010221211200119
119IFP-TInterfor Corp.Materials7980411141120002332253411120112111111110024301012221110231011200117
119NFI-TNFI Group Inc.Consumer Discretionary79814111411220032312622121201121100011121223010022111102110112211110
119OR-TOsisko Gold Royalties Ltd.Materials79784111101110032322134121221121011110121283010002111101912102211111
119TECK-B-TTeck Resources Ltd.Materials7978411141021113332283312122112111111112129321011111101210112211110
119TFII-TTFI International Inc.Industrials79774111011310112312134121221120111111121290010122111101910112211110
119TXG-TTorex Gold Resources Inc.Materials79724111411320033302712111211121111111100213210102200102110112211110
127DOL-TDollarama Inc. Consumer Discretionary78744111401320131302534121221121000011000223010012211102112112011110
127MFI-TMaple Leaf Foods Inc.Consumer Staples78804111411310022322634121201121100011020233010011111101910112211110
127MRE-TMartinrea InternationalConsumer Discretionary78784111111220033312434111211120111111000233210012101102110112211110
127NPI-TNorthland Power Inc.Utilities78674111211320021001914121211121111111021263020022211102310112211110
127ZZZ-TSleep Country Canada Holdings Inc.Consumer Discretionary7879401021132011332243412121112110001112126302001210110201011201118
132ACB-TAurora Cannabis Inc.Health Care77724111411310032312620011021121111111120203220002110102110112211110
132CS-TCapstone Mining Corp.Materials77n/a411141102013332273312120112111111110024321010110010191011200117
132ERF-TEnerplus Corp.Energy7783411141132003331281001110112111111102017321012221110251011200117
132WCN-TWaste Connections Inc.Industrials7776411111122012300202411120112111111102024321012221110251210200118
132WPRT-TWestport Fuel Systems Inc.Industrials77n/a410041132003331261312121111111111102023301012221110230011200105
137PXT-TParex Resources Inc.Energy7566411121112002332241311122111011011102122322000210110211011201118
138CF-TCanaccord Genuity Group Inc.Financials74n/a411111032003332253412022100001111100020321001211110221011200117
138FSV-TFirstService Corp.Financials74734111111220032322421120221121100000021193210121010102110112211110
138LSPD-TLightspeed Commerce Inc.Information Technology74484111411220133312813020221121100010021200210000100101412112211112
138NWH-UN-TNorthWest Healthcare Properties REITReal Estate74n/a41110110100333120341112211211111001202600201222118191011221109
138QSR-TRestaurant Brands International Inc. Consumer Discretionary74534100211000113301724121220121100011020233210112210102312112201111
143ATA-TATS Automation Tooling Systems Inc.Industrials73714101401200022011834120221111100011000210221122111102312012211111
143CRT-UN-TCT REITReal Estate73654111411300032322613111101021100011020170010122211102012012201110
143EQX-TEquinox Gold Corp.Materials735641114111200320223131102011211111110202130201222118221011200117
143NG-TNovaGold Resources Inc.Materials73714111211210123022210121221001111110120193210002110102012112211112
143SII-TSprott Inc.Financials73n/a4111411310022302414011221110000011020180220112111102110112211110
143SSRM-TSSR Mining Inc.Materials73734111411200002001734121211001111111100233010122211102310112211110
143SMU-UN-TSummit Industrial Income REITReal Estate73674111411220003002014110221121111111120250000022211101810112211110
143TCL-A-TTranscontinental Inc.Communications Services737411112113200333224141112211211000111202332101222112171010221119
151BB-TBlackBerry Ltd.Information Technology72694111011300122312134121201000000010020173220102211102412112201010
151BAM-A-TBrookfield Asset Management Inc.Financials727111114103200333023341212001211000000011932211222115221011201118
151IGM-TIGM Financial Inc.Financials72581100200321021321832120221010000011120193221102211102512110211110
151TRI-TThomson Reuters Corp.Industrials72721100211100122321714111021121100011100193211122101102412112211112
151TOU-TTourmaline Oil Corp.Energy72634111011220033322422121221010011100020190220001110101712112211112
151RNW-TTransAlta Renewables Inc.Utilities7270110141130003330213410022112111111112127000012221151410112211110
157ATD-B-TAlimentation Couche-Tard Inc.Consumer Staples7168111111132002332223411122112110001102125321001210131410112211110
157CIX-TCI Financial Corp.Financials71761111210210032322013111211001011100020173210022211102410112211110
157REAL-TReal Matters Inc.Information Technology71564111211000033322224121221011000000121210010012110101612112211112
157TOY-TSpin Master Corp.Consumer Discretionary7163110011111002331163412121112111111112129022002221141610112211110
157SOY-TSunOpta Inc.Consumer Staples (Primary)71n/a411041130003231242412120112110001102022301001211010191010200116
162BLDP-TBallard Power Systems Inc.Industrials7062411141122003301243411121111110001100020301000211110191210020107
162CCL-B-TCCL Industries Inc.Materials7066111111131113332241311122112110001102122021012221101212112211112
162D-UN-TDream Office REITReal Estate7071411101132002132223312021101000000002117021012221110221011221019
162FM-TFirst Quantum Minerals Ltd.Materials7071411101110003331201311121101111111100019321012210110231010220118
162FVI-TFortuna Silver Mines Inc. Materials70n/a411141102003301222411120112101111000020001012211110191011220119
162LNR-TLinamar Corp.Consumer Discretionary7072111111132003332233412020012110000002120020011221110201010021117
162POW-TPower Corp. of CanadaFinancials7052411020012001231183411122112110001112025321102221101512112211112
162SIL-TSilverCrest Metals Inc.Materials7050411141122002301231411022112101111012023001000211010151001221119
170ERO-TEro Copper Corp.Materials6959411111110003331211411120112111111100021321011210010211010200116
171BTO-TB2Gold Corp.Materials6868411141110001101173412121102111111100024301000221110201000221107
171PRMW-TPrimo Water Corp.Consumer Staples6868411121110002230191411120112110001102020321010210110211210200118
173BHC-TBausch Health Companies Inc.Health Care6779411101110002231182412120112111111102025302011211121412110211110
173WEED-TCanopy Growth Corp.Health Care6756010041120001332182312120112111001002021302010211110210210200117
173IMO-TImperial Oil Ltd.Energy67664111011200013311923120021010000010120160021122211102210112211110
173QBR-B-TQuebecor Inc.Communications Services676641112113200323125121212201211000110202030101022114151011200117
173TCN-TTricon Residential Inc.Real Estate6764411111111003330213212121101000001112019021002211110201001201117
178DML-TDenison Mines Corp.Materials65n/a41114112200320022131002011110111100001532200221118221010200116
178GWO-TGreat-West Lifeco Inc.Financials6559410020022011130173212121111010001102121320012211141712110211110
180CAS-TCascades Inc.Materials6464411011132002200183411121011000001100017300002211110201011220119
180ENGH-TEnghouse Systems Ltd. Information Technology64584111011000003001234120221110100011000203210012210102210112211110
180RCI-B-TRogers Communications Inc.Communications Services6459111021130002332203411102112111111100023001111211121110112211110
183CIGI-TColliers International Group Inc.Real Estate626041110111000333019211212211211000110212230100112100912112211112
183RCH-TRichelieu Hardware Ltd.Industrials6258411141130001330233410022011110000000016001011211110181001200015
185GIB-A-TCGI Inc.Information Technology6159411111122003332252210010101110001100012022010211121212112211112
185SSL-TSandstorm Gold Ltd.Materials6164411141121001130213112121111111000000017001010111010151011201118
185SJR-B-TShaw Communications Inc.Communications Services61624111011100023322024120221121100011020230010022211091211200119
188CJR-B-TCorus Entertainment Inc.Consumer Discretionary60564110111200132322212121211121111111121250000002111051200220108
188FR-TFirst Majestic Silver Corp.Materials6055411141130012232262300121101000000000011301001120010181010200105
190GSY-Tgoeasy Ltd.Financials59n/a411111130003030193312121112010001100121000000111110141000200115
190MTL-TMullen Group Ltd. Energy5958411101130003201180310020111110001112016000011221110181011200117
192CTC-A-TCanadian Tire Corp. Ltd.Consumer Discretionary57564110411200032012014011211121111111100220210110111081201200017
193CFP-TCanfor Corp.Materials5649400040100001330163210000112010001102015000012221110191010200116
193CSU-TConstellation Software Inc.Information Technology5656411100110000200113312020012110001102020300012221110221000200003
195DOO-TBRP Inc.Consumer Discretionary5550110000120013230143411122111010000002020301000011141110112211110
195IIP-UN-TInterRent REITReal Estate5546411141100002101173410021001001001100015001000221110171000221006
195IVN-TIvanhoe Mines Ltd.Materials555211110111000310112331112111211111000002102001021108151011200117
195OSK-TOsisko Mining Inc.Materials55n/a411100122002330201011120012100000000010002012221110211000200014
199ACO-X-TATCO Ltd.Utilities535741000013000223117211202110111100000211700200222110101010221119
199CU-TCanadian Utilities Ltd.Utilities535841111013000223120311000011101000000211200200221113121010221119
201CRON-TCronos Group IncHealth Care524901011110000310093312100102110000012018302000220010191200200106
201FFH-TFairfax Financial Holdings Ltd.Financials52504111001200121001433120201121111111120250000122200071200200106
201ONEX-TONEX Corp.Financials525141100012200320016341202210000000010001630201022110121010220118
201STLC-TStelco Holdings Inc.Materials52n/a11000101000023091411120111000001112018002012221110211000200104
201TSU-TTrisura Group Ltd.Financials52n/a411141100003300193310010100000000002011000010221110171000200115
206ATZ-TAritzia Inc.Consumer Discretionary514841110113200020016321112011211000101001800211012113121000200115
206SHOP-TShopify Inc.Information Technology51464111011300033312204120201121100000000153000002111081001200116
208EDR-TEndeavour Silver Corp.Materials49n/a411141101002100173001020112111001100015001000011010131000200014
209LIF-TLabrador Iron Ore Royalty Corp.Materials4846111111132000000123201020100010000002113002002221110201000200003
209LAC-TLithium Americas Corp.Materials48n/a411141110010100163410010100001001100013000011200010141000200115
211OGI-TOrganigram Holdings Inc.Health Care47n/a41114112101030020120110010000000100007000010210010141010200116
211VFF-TVillage Farms International, Inc.Consumer Staples47n/a411141100003100170410020112110001000014000000110010121000200104
213GOOS-TCanada Goose Holdings Inc.Consumer Discretionary45424100011100021301404120221121100000000170000000110461010220118
213GFL-TGFL Environmental Inc.Industrials45n/a4111011020000001133121221110100000020203210000001071011200117
213SEA-TSeabridge Gold Inc.Materials4532411101112000300150310020100000001002010001002201010161001200004
216SVM-TSilvercorp Metals Inc.Materials4240411101100000300120310020111110000000011001010200010141000200115
216WPK-TWinpak Ltd.Industrials424100002112000000060310000012010001102012300012221110221000000012
218WTE-TWestshore Terminals Investment Corp.Industrials404111010010000000040110020012111111112017000012221110190000000000
219NXE-TNexGen Energy Ltd.Energy38n/a40114011000200014200002010101000000007000000011010121000200115
220NVEI-TNuvei Corp.Information Technology36n/a4111011000003001232120201000000000000110000000201471001200116

The Globe and Mail. Data source: The David and Sharon Johnston Centre for Corporate Governance Innovation

n/a = not applicable; not marked in 2020

Editor’s note: An error in the original report gave Altus Group Ltd. 1 point for Question 7B. In fact it should have received 2. This changes its total score to 87 from 86, and places its ranking among those at Rank 67. This has a cascading effect on the Ranks of the companies that now follow it in the list.