DOCSLIB.ORG

2014 Information Circular

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
2014 Information Circular TORSTAR CORPORATION INFORMATION CIRCULAR MARCH 4, 2014 TORSTAR CORPORATION Information Circular TABLE OF CONTENTS Page SOLICITATION OF PROXIES .................................................................................................................................................................................................. 1 Who is Entitled to Vote ............................................................................................................................................................................................................... 1 How to Vote ................................................................................................................................................................................................................................ 1 Attendance in Person ................................................................................................................................................................................................................... 1 Appointment of Proxies ............................................................................................................................................................................................................... 1 Exercise of Discretion by Proxies ................................................................................................................................................................................................ 1 Amendments, Variations or New Matters Brought before the Meeting ....................................................................................................................................... 2 Revocation of Proxies ................................................................................................................................................................................................................. 2 Voting by Non-Registered Shareholders ..................................................................................................................................................................................... 2 How Will the Votes be Counted .................................................................................................................................................................................................. 2 VOTING SHARES AND THE VOTING TRUST ...................................................................................................................................................................... 2 Voting Shares .............................................................................................................................................................................................................................. 2 Principal Holders of Voting Shares ............................................................................................................................................................................................. 2 The Voting Trust ......................................................................................................................................................................................................................... 3 BUSINESS OF THE MEETING................................................................................................................................................................................................. 4 Financial Statements.................................................................................................................................................................................................................... 4 Election of Directors ................................................................................................................................................................................................................... 4 Appointment of Auditors ............................................................................................................................................................................................................. 5 Amendment to the Share Reward Program.................................................................................................................................................................................. 5 ELECTION OF DIRECTORS .................................................................................................................................................................................................... 6 Majority Voting in Director Elections ......................................................................................................................................................................................... 6 Proposed Nominees ..................................................................................................................................................................................................................... 6 ADDITIONAL DISCLOSURE RELATING TO DIRECTORS ............................................................................................................................................... 10 Common Directorships .............................................................................................................................................................................................................. 10 Cease Trade Orders, Bankruptcies, Penalties or Sanctions ........................................................................................................................................................ 10 Summary of 2013 Board and Committee Meetings and Attendance of Directors ..................................................................................................................... 11 DIRECTOR COMPENSATION ............................................................................................................................................................................................... 11 EXECUTIVE COMPENSATION ............................................................................................................................................................................................. 14 COMPENSATION DISCUSSION & ANALYSIS ................................................................................................................................................................... 14 Salary & Organization Committee ............................................................................................................................................................................................ 14 Risk Management ...................................................................................................................................................................................................................... 15 Objectives of the Executive Compensation Program ................................................................................................................................................................. 15 Named Executive Officers ........................................................................................................................................................................................................ 16 2013 Compensation Program .................................................................................................................................................................................................... 16 Compensation Review Process for Named Executive Officers ................................................................................................................................................. 16 Elements of 2013 Executive Compensation Program ................................................................................................................................................................ 19 Base Salary ................................................................................................................................................................................................................................ 20 Annual Bonus ............................................................................................................................................................................................................................ 20 Longer-term Incentives ............................................................................................................................................................................................................. 23 Deferred Share Unit Plan........................................................................................................................................................................................................... 26 Share Ownership Requirements ................................................................................................................................................................................................ 26 Share Performance Graph .......................................................................................................................................................................................................... 27 SUMMARY COMPENSATION TABLE ................................................................................................................................................................................
Load more

Recommended publications
  • 45. Honderich
    HONDERICH 45. HONDERICH ORIGINS No doubt, the name Honderich as well as the family has its origins in Switzerland, in the village of Hondrich in the Bernese Oberland, near Spiez, on the southwestern side of Lake Thun. When and under what circumstances a Hondrich individual or family left his or its native Switzerland for Germany is not known. The earliest found Honderich in Germany is Johann Heinrich Honderich, who had a son Joseph born in 1749 at Helmighausen. The father died in 1750. Johannes Hondrich married in 1791 to Magdalena Bauman, daughter of Jacob Bauman. Johannes lived Spiez, Canton Bern, Switerland, on the shore of Lake Thun on the Braunsbergerhof near Anhausen for a Hondrich is located 2 km south of Spiez time.(1a) (See Notes below)This Honderich Credit: Creative Commons Yesuitus 2001 family was part of the Amish Mennonite congregation at Waldeck, Germany. In the early 1800s, a Christian Honderich was a labourer on the Vornhagen farm at the foot of the castle in the Principality of Waldeck, Hesse, Germany. It appears, however, that this Christian married the farmer's daughter named Maria Magdalena Weyrey and immigrated to Somerset County, Pennsylvania before 1820 and later to Wayne County, Ohio.(1b) Unfortunately, our subject, the Christian Honderich who married Margaret Gingerich and who settled in Wilmot Township, Upper Canada, does not appear in the research done at Map showing Honderich (in red circle) situated south of Speiz, Waldeck, Germany. We have found no Bern, Switzerland near Lake Thun family connections of our Christian Credit: Bing maps Honderich (m. Margaret Gingerich) to the other Honderichs in Europe.
    [Show full text]
  • Libraries and Cultural Resources
    LIBRARIES AND CULTURAL RESOURCES Archives and Special Collections Suite 520, Taylor Family Digital Library 2500 University Drive NW Calgary, AB, Canada T2N 1N4 www.asc.ucalgary.ca Katherine Govier fonds. ACU SPC F0128 https://searcharchives.ucalgary.ca/katherine-govier-fonds An additional finding aid in another format may exist for this fonds or collection. Inquire in Archives and Special Collections. KATHERINE GOVIER fonds ACCESSION NO.: 700/01.6 The Katherine Govier Fonds Accession No. 700/01.6 CORRESPONDENCE ....................................................................................................................................... 2 MANUSCRIPTS ............................................................................................................................................. 28 Fiction - Drama (Film, Radio, Stage, TV) ................................................................................................. 29 Fiction - Novel ......................................................................................................................................... 37 Fiction - Short Story Collections .............................................................................................................. 39 Fiction - Uncollected Short Stories.......................................................................................................... 42 Non-Fiction - Articles, Book Reviews, Speeches, Etc. ............................................................................. 42 PUBLISHED WORKS ....................................................................................................................................
    [Show full text]
  • The Atkinson at 30
    THE ATKINSON AT 30 Turning 30 used to be personally traumatic. But 30 years ago this year, the Atkinson Foundation, the Honderich family and the Toronto Star created the richest and now the most prestigious award in Canadian journalism — the Atkinson Fellowship in Public Policy. It’s known now simply as “The Atkinson.” We should all celebrate its success. hey call it “going deep.” Whenever you talk to Atkinson Fellows, one of the first things they rave about is the opportunity “to go deep” — to have the time and resources to spend a full year studying and writing on a topic of their own choice. T They seldom mention the bears. But they are there too. Paul McKay, who won the second Atkinson Journalism Fellowship in Public Policy in 1989, elected to spend a year studying the ways Canadian political institutions develop environmental policy. He ended up writing an environmental manifesto that predicted pending ecological disaster and demanded urgent and radical change. Joseph Atkinson’s life and times were captured in a graphic novella in 2017 — the 75th anniversary of his foundation. Read more about him at https://atkinsonfoundation.ca/about/ GRAPHIC ILLUSTRATION BY WILLOW DAWSON 1 “After decades of polluting their environment, Canadians have concluded that the scale and pace of global industrialism has endangered the planet and that a new kind of economics — based on ecological principles — is the only hope for survival,” McKay wrote in his six-part series, Plundering the Future. To research his series, McKay travelled extensively in Canada: canoeing the full length of the Mackenzie River; visiting a remote region of Kluane National Park, in southwest Yukon, that was threatened by a proposed open-pit copper mine; rafting six days through British Columbia’s Tatshenshini-Alsek Wilderness and flying north of the Arctic Circle to work with a falcon biologist near Old Crow.
    [Show full text]
  • These-Are-Our-Crimes
    Violating a press law prohibiting the publication of material considered defamatory and offensive to religion Promoting democracy Speaking out in support of women’s rights and challenging conservative religious beliefs Subversive actions against the state and collusion with the political opposition outside the country Reporting on corruption in the ruling party and on planned attacks against the political opposition; accused of being a “media terrorist” Arguing against terrorism by the state and separatists; speaking out for political and ethnic pluralism and against child soldiers and suicide bombings Running counter to the conservative dictates of the Republic Being an independent journalist These are our crimes We live in e xile CONTENTS 3 FOREWORD 4 PRESIDENT’S REPORT WRITERS IN EXILE NETWORK: THE NEW FRONTIER 16 EXECUTIVE DIRECTOR’S REPORT 28 WRITERS IN PRISON COMMITTEE REPORT 36 NATIONAL AFFAIRS COMMITTEE REPORT 44 MINDERS 46 HONORARY MEMBERS 62 HONORARY MEMBERS RELEASED 68 MEMBERS & SUPPORTERS Sometimes freedom is only the beginning. For the writer who has been freed from prison or escaped threat in his or her homeland, exile presents a whole new set of problems. When one is estranged from friends, family and culture, with a name no one knows, exile can be a lonely, frightening place. PEN Canada has been working very hard over the past few years to develop ways to help these exiled writers make the transition to their new homes, with some encouraging success. In fact, we have been instrumental in establishing guidelines for PEN centres all over the world. We dedicate this annual report to these writers, and would like to introduce you within these pages to some of the brave men and women who have made Canada their new home.
    [Show full text]
  • Acrimony and Outrage
    INTRODUCTION Acrimony and Outrage Canada’s news media exploded in acrimony and outrage in late 2015 as many woke up to the possibility that their country’s largest news gathering organization had been taken hostage by financial and ideological forces that hardly held public service as their high- est ideal. The federal election that October provided the first clue for some as to just how rotten their news media had gotten. For others, it was the last straw. After newspapers owned by Postme- dia Network, the country’s largest chain, endorsed in unison the decade-old Conservative government of Stephen Harper, Edmon- ton Journal columnist Paula Simons simply had to speak up. “Before you ask, this was a decision made by the owners of the paper,” she revealed on Twitter. “As is their traditional prerogative.”1 It wasn’t the first time an endorsement order had come from head office, even that year. In May, the Journal’s editor admitted that Postmedia had ordered its four Alberta dailies to endorse the Conservatives during the provincial election campaign. “The owners of the Jour- nal made that call,” Margo Goodhand told Canadaland, the website and podcast that shone an increasingly unflattering light on the country’s mainstream media.2 Postmedia CEO Paul Godfrey, a former Conservative politician, defended the corporate decision to impose its political will on its 1 TNWD 3.indd 1 2016-10-04 3:28 PM 2 • introduction journalists and readers. “Since God made babies, I think [endorse- ment editorials] were always made that way,” he told the Globe and Mail, “and if anyone thinks otherwise, I think they were dreaming in Technicolor.”3 John Honderich, chairman of the board at Torstar Corporation, which published the competing Toronto Star, lashed out at the power broker who was paid $1.76 million a year to lead Canada’s largest news media company, which was owned mostly by US hedge funds.
    [Show full text]
  • Breaking Boundaries: Time to Think and Act Like a Region
    CivicAction – Breaking Boundaries: Time to Think and Act Like a Region CivicAction is a multi-sectoral coalition of thousands of civic leaders committed to acting collectively to tackle tough issues and big opportunities facing the Greater Toronto region. CivicAction’s Greater Toronto Summits bring leaders from all walks of life together to assess the region’s strengths and challenges and to identify priority areas and opportunities for attention. In the periods between Summits, CivicAction takes a role in incubating innovative initiatives designed to galvanize action in these priority areas. CivicAction’s current initiatives are aimed at: making the Greater Toronto region flourish through environmental action and innovation (Greening Greater Toronto – greeninggreatertoronto.ca); creating a leadership landscape that better reflects the region’s diversity (DiverseCity: The Greater Toronto Leadership Project, in partnership with Maytree – diversecitytoronto.ca); and connecting and supporting rising city-builders (the Emerging Leaders Network – elnonline.ca). 110 Yonge Street, Suite 1900 Toronto, ON, M6C 1T6 Tel: (416) 309-4480 www.civicaction.ca Follow CivicAction online Twitter: CivicActionGTA YouTube: CivicActionGTA Published by CivicAction in July 2011 in electronic and print versions. Copyright © 2011 CivicAction. Reproduction of this document by printing, photocopying or electronic means for non-commercial purposes is permitted. Otherwise, it is not permitted to store or transmit the electronic version of this report, nor to print, scan or photocopy any paper version for dissemination or commercial use, without the prior permission of the publisher. Researchers and commentators may quote from this document without charge provided they cite the author (CivicAction), title and the publishers when they acknowledge the source of the material quoted.
    [Show full text]
  • Newspaper Ombudsmanship in Canada: the Rise and Fall of an Accountability System
    Newspaper Ombudsmanship in Canada: The Rise and Fall of an Accountability System A thesis submitted to the Faculty of Graduate and Postdoctoral Affairs in partial fulfillment of the requirements for the degree of Master of Journalism, Carleton University. By Carolina Quixada B.A. Communication, Federal University of Ceara (Brazil), 2006 B.A. Communication, University of Fortaleza (Brazil), 2002 © Carolina Quixada, 2010 Library and Archives Bibliotheque et 1*1 Canada Archives Canada Published Heritage Direction du Branch Patrimoine de I'edition 395 Wellington Street 395, rue Wellington OttawaONK1A0N4 OttawaONK1A0N4 Canada Canada Your file Votre reference ISBN: 978-0-494-79599-6 Our file Notre reference ISBN: 978-0-494-79599-6 NOTICE: AVIS: The author has granted a non­ L'auteur a accorde une licence non exclusive exclusive license allowing Library and permettant a la Bibliotheque et Archives Archives Canada to reproduce, Canada de reproduire, publier, archiver, publish, archive, preserve, conserve, sauvegarder, conserver, transmettre au public communicate to the public by par telecommunication ou par I'lnternet, prefer, telecommunication or on the Internet, distribuer et vendre des theses partout dans le loan, distribute and sell theses monde, a des fins commerciales ou autres, sur worldwide, for commercial or non­ support microforme, papier, electronique et/ou commercial purposes, in microform, autres formats. paper, electronic and/or any other formats. The author retains copyright L'auteur conserve la propriete du droit d'auteur ownership and moral rights in this et des droits moraux qui protege cette these. Ni thesis. Neither the thesis nor la these ni des extraits substantiels de celle-ci substantial extracts from it may be ne doivent etre imprimes ou autrement printed or otherwise reproduced reproduits sans son autorisation.
    [Show full text]
  • CAMH Annual Report 2018-2019
    An advocate, a statesman and a friend In February, we lost one of our first and most vocal advocates for mental health with the passing of the Honourable Michael Wilson, Vice-Chair of CAMH Foundation’s Board of Directors. For more than two decades, Michael had bravely and openly shared the story of his son’s death by suicide. He made it one of his life’s missions to bring mental illness out of the shadows and to eliminate “People prejudice and discrimination. He was one of a kind. He led our earliest fundraising efforts and worked should be as to increase awareness and understanding of mental illness. comfortable Michael cared deeply for his community and his country; his humanity and integrity were a beacon talking about for us all. It’s impossible to overstate his contribution to Canada, to the cause of mental health, and to all of the lives he touched. mental illness With his passing, Canada has lost a statesman, an as they are advocate and a dear friend, but the conversations he ignited will continue. His message is echoed in the simple but powerful statement that “Mental talking about “ Health is Health.” heart disease His vision will continue to live on through the Michael Wilson Society, a group of forward-thinking leaders and champions of mental health committed to or diabetes. advancing research and treatment while addressing the stigma associated with mental illness. Michael Wilson, Vice-Chair, CAMH Foundation’s Board of Directors 2 | camh & camh foundation A call to action A message from our CEOs and Board Chairs In 2018, CAMH celebrated 20 years of progress with a call – toward transforming the lives of patients today and to action: #MentalHealthIsHealth.
    [Show full text]
  • 2008 Annual Report
    01536_TorStarAR_08:Edit.Sect.06 second version 2 3/12/09 11:25 AM Page 1 2008 Annual Report Torstar Corporation 01536_TorStarAR_08:Edit.Sect.06 second version 2 3/12/09 11:25 AM Page 2 Financial Highlights OPERATING RESULTS ($000) 2008 2007 Operating revenue $1,536,034 $1,546,537 EBITDA (1) 210,127 225,421 Operating profit 95,340 162,780 Net income (loss) (180,455) 101,391 Cash from operating activities 122,217 136,152 OPERATING RESULTS EBITDA – Percentage of revenue 13.7% 14.6% Operating profit – percentage of revenue 6.2% 10.5% Cash from operating activities – percentage of average shareholders’ equity 15.4% 15.2% PER CLASS A AND CLASS B SHARES Net income (loss) ($2.29) $1.29 Dividends $0.74 $0.74 Price range (high/low) $19.20/6.69 $23.40/17.86 FINANCIAL POSITION ($000) Long-term debt $668,700 $650,798 Shareholders’ equity $672,577 $917,761 2 The Annual Meeting of shareholders will be held Wed., May 6, 2009 at the Toronto Star building, 3rd Floor Auditorium, One Yonge Street, Toronto beginning at 10 a.m. It will also be webcast live on the Internet. OPERATING REVENUE ($MILLIONS) OPERATING PROFIT ($MILLIONS) 04 1,542 04 201 05 1,557 05 195 06 1,528 06 123 07 1,547 07 163 08 1,536 08 95 INCOME (LOSS) FROM CONTINUING OPERATIONS PER SHARE EBITDA ($MILLIONS) (1) 04 1.42 04 266 05 1.52 05 253 06 1.01 06 202 07 1.29 07 225 (2.29) 08 08 210 (1) Operating profit before depreciation, amortization and restructuring provisions.
    [Show full text]
  • Staff Report
    STAFF REPORT August 1, 2006 To: Economic Development and Parks Committee From: Donald G. Eastwood General Manager, Economic Development, Culture & Tourism Subject: Strategies for a Creative City Report All Wards Purpose: To transmit the report, " Imagine a Toronto…Strategies for a Creative City" to Council for its information. Financial Implications and Impact Statement: There are no financial implications resulting from the adoption of this report for 2006. Recommendations: It is recommended that this report be forwarded to Council for information. Background: “Imagine a Toronto ... Strategies for a Creative City” was the product of a year-long partnership between Toronto (Canada) and London (U.K.) to develop specific strategies to enhance the growth and development of the “creative economy” in both cities. The report presents trends in the local and regional economy, the most current research and best practices occurring in Toronto and other international cities and recommendations on how to further develop and enhance Toronto’s creative sector for both economic and cultural benefits for the city and province. The report was authored by Meric Gertler, a University of Toronto professor and recognized scholar on creative cities, under the direction of seventeen influential and respected leaders - 2 - working in Toronto’s creative sectors. The project was supported by senior staff from the City’s Economic Development and Culture Division and the Ministries of Economic Development and Culture. Project Partners • London Development Agency
    [Show full text]
  • O Yuko Naka 1997
    The Black Savage and the Yellow Peril: The differing consequences of the racialization of the Blacks and Japanese in Canada Yuko Naka Department of Sociology Submitted in partial fulfilment of the requirements for the degree of Masters of Arts Faculty of Graduate Studies The University of Western Ontario London, Ontario June 1997 O Yuko Naka 1997 National Library Bibliothèque nationale du Canada Acquisitions and Acquisitions et Bibliographic Services services bibliographiques 395 Wellington Street 395. rue Wellington Ottawa ON K1A ON4 Ottawa ON K1A ON4 Canada Canada The author has granted a non- L'auteur a accordé une licence non exclusive licence allowing the exclusive permettant à la National Library of Canada to Bibliothèque nationale du Canada de reproduce, loan, distribute or sell reproduire, prêter, distribuer ou copies of this thesis in microfom, vendre des copies de cette thèse sous paper or electronic formats. la forme de rnicrofiche/lfilm, de reproduction sur papier ou sur format électronique. The author retains ownership of the L'auteur conserve la propriété du copyright in this thesis. Neither the droit d'auteur qui protège cette thèse. thesis nor substantial extracts fiom it Ni la thèse ni des extraits substantiels may be printed or otherwise de celle-ci ne doivent être imprimés reproduced without the author's ou autrement reproduits sans son permission. autorisation. Abstract The different levels of success of Blacks and the Japanese in Canada was examined, because although both populations suffered similar experiences of exclusion. one group was able to overcome its exclusion. Michael Lyon's definitions of racial and ethnic groups were used to show that the in-group effectively constructed both the Blacks and the Japanese as racial and ethnic out-groups, based upon their physical or "racial" characteristics.
    [Show full text]
  • FACTUM of RESPONDENTS on APPEAL! FACTUM of APPELLANTS on CROSS-APPEAL (Pursuant to Rules 42 and 43 of the Rules Ofthe Supreme Court Ofcanada)
    SCC File No.: 32932 IN THE SUPREME COURT OF CANADA (ON APPEAL FROM THE COURT OF APPEAL FOR ONTARIO) BETWEEN: PETER GRANT and GRANT FOREST PRODUCTS INC. Appellants/ Respondents on Cross-Appeal (Respondents) -and- TORSTAR CORPORATION, TORONTO STAR NEWSPAPERS LIMITED, BILL SCHILLER, JOHN HONDERICH and MARY DEANNE SHEARS Respondents/ Appellants on Cross-Appeal (Appellants) -and- THE OTTAWA CITIZEN, CANADIAN NEWSPAPER ASSOCIATION, AD IDEM/CANADIAN MEDIA LAWYERS ASSOCIATION, RTNDA CANADA/THE ASSOCIATION OF ELECTRONIC JOURNALISTS, MAGAZINES CANADA, CANADIAN ASSOCIATION OF JOURNALISTS, CANADIAN JOURNALISTS FOR FREE EXPRESSION, THE WRITERS' UNION OF CANADA, PROFESSIONAL WRITERS ASSOCIATION OF CANADA, BOOK AND PERIODICAL COUNCIL, PEN CANADA, CANADIAN BROADCASTING CORPORATION, CANADIAN CIVIL LIBERTIES ASSOCIATION, and DANNO CUSSON Interveners FACTUM OF RESPONDENTS ON APPEAL! FACTUM OF APPELLANTS ON CROSS-APPEAL (Pursuant to Rules 42 and 43 of the Rules ofthe Supreme Court ofCanada) BLAKE CASSELS & GRAYDON LLP BLAKE CASSELS & GRAYDON LLP Box 25, Commerce Court West 45 O'Connor Street Toronto, ON M5L lA9 Suite 2000, World Exchange Plaza Fax: 416.863.2653 Ottawa, ON KIP lA4 Paul B. Schabas LSUC#: 26355A Nancy K. Brooks LSUC#: 37690H Tel: 416.863.4274 Tel: (613) 788-2218 Email: [email protected] Fax: (613) 788-2247 Erin Hoult LSUC#: 54002C Email: [email protected] Tel: 416.863.4011 Email: [email protected] Agent for the Respondents/ Appellants on Cross-Appeal Iris Fischer LSUC# 52762M Tel: 416.863.2408 Email: [email protected] Counsel for the Respondents/ Appellants on Cross-Appeal 11 ORIGINAL TO: THE REGISTRAR COPIES TO: FASKEN MARTINEAU DuMOULIN LLP FASKEN MARTINEAU DuMOULIN LLP Suite 4200, Toronto Dominion Bank Tower 55 Metcalfe Street, Suite 1300 Box 20, Toronto-Dominion Centre Ottawa, ON KIP 6L5 Toronto, ON M5K IN6 Stephen B.
    [Show full text]