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Originally Posted by Superflyer
So on the topic of Wokeness, Jamil Jivani: The Conservative MP who's fed up with the menace of woke corporations
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A summary of Kmiec’s bill, which was obtained by the National Post, explains that it would be “considered a breach in the duty of care owed to shareholders when directors and officers of a large distributing corporation (a company with a total market value of shares above $100 million) make activist statements, including in relation to public policy or social issues, that is not directly related to the business the corporation carries out and that could reasonably be expected to reduce the value of shares.”
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What a moronic nothingburger of a bill. No corporation would go along with directors and officers making "activist statements" if it was "reasonably expected to reduce the value of shares". In fact a lot of people criticize the "activist statements" because they think it's just performative BS meant to
increase share values.
"The party of 'small government'" sure loves to stick its nose into people's business...