This Report examines the transparency of corporate governance practices of local electricity distribution
companies (LDCs) in Ontario, creating a new scorecard that identifies strong and weak performers
within the sector.
As corporate governance best practices have developed and evolved over the last two decades, so too have expectations about transparency: financial regulators and governments require publicly-listed corporations to disclose detailed information on a broad range of governance policies and arrangements in order to strengthen external monitoring and management accountability to stakeholders.