- comment on format of consultation paper

30 April 2003 Alberta Registries and Consumer Services Division Alberta Government Services rd3 flr., Brownlee Bldg., 10365 97 St. Edmonton, AB T5J 3W7 Attn: Maria MacDonald, Business Corporations Act Discussion Paper Re: Business Corporations Act Review The Shareholder Association for Research and Education (SHARE) would like to thank the Alberta Government Services for the opportunity to comment on proposed reforms to the Alberta Business Corporation Act (“ABCA”). SHARE is a national, not-for-profit organization working with institutional investors to promote responsible investment practices through research, educational activities, and advocacy. On behalf of our affiliates with total assets exceeding $2 billion, SHARE has been involved with consultations on reforms to the Canada Business Corporations Act in November 2001 and similar legislation in other jurisdictions. Our submissions below reflect SHARE’s direct experience working with the CBCA reforms over the past two years. We applaud Alberta Government Services for the novel structure of their discussion paper and approach to obtaining comments on proposed reforms. However, we wish to point out a number of areas of concern in this novel format. There is an increasing interest amongst the general public about corporate law. We note that the framework of the discussion paper is addressed to corporate lawyers and encourage Alberta Government Services to make the ...