TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (19,624.74, up 123.25): TC Energy Corp. (TSX:TRP). Energy. Up 44 cents, or 0.85 per cent, to $52.44 on 19.1 million shares. Canadian Imperial Bank of Commerce (TSX:CM). Financials. Down 37 cents, or 0.65 per cent, to $56.29 on 9.6 million shares. Suncor Energy Inc. (TSX:SU). Energy. Up 83 cents, or 2.09 per cent, to $40.62 on 9.6 million shares. Toronto-Dominion Bank (TSX:TD). Financia
TORONTO — Onex Corp. says it is shortening the proposed sunset provision for its multiple-voting shares to three years from its initial plan for five. The company says the change to the proposed plan, which will be voted on at the company's annual meeting in May, comes after consultations with shareholders. Onex chairman and chief executive Gerry Schwartz is the sole holder of the company's multiple-voting shares. The multiple-voting shares allow him to elect 60 per cent of the company's directo
Sunset provision reduced to three years from five yearsTORONTO, March 27, 2023 (GLOBE NEWSWIRE) -- Onex Corporation (TSX: ONEX) today announced a change to the Multiple Voting Shares (MVS) amendment proposal for shareholder consideration at the company’s next Annual Meeting of Shareholders. As previously announced in connection with Onex’ leadership succession plan, shareholders will be asked to consider an amendment which would add a sunset provision to the current voting entitlement of the MVS