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Bactericide Market Competitive Landscape and Company Profiles Report 2025
The global bactericide market is projected to grow significantly from $9.54 billion in 2024 to $13.42 billion by 2029, driven by rising food demand, population growth, and advanced agricultural practices. Top companies include BASF, Syngenta, Bayer Crop Science, Corteva Agriscience and more. Asia-Pacific leads in market size, while North America is the fastest-growing region. Bactericide Market Dublin, July 21, 2025 (GLOBE NEWSWIRE) -- The "Bactericide Market Report 2025" report has been added to bactericide market size has grown strongly in recent years. It will grow from $9.54 billion in 2024 to $10.24 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%. The growth during the historic period can be attributed to the rising global consumer demand for food, increased concerns about food security and quality, growing regulatory measures in the agricultural sector, a higher usage of bactericides, and the expanding demand in bactericide market size is expected to see strong growth in the next few years. It will grow to $13.42 billion in 2029 at a compound annual growth rate (CAGR) of 7%. The projected growth for the forecast period is driven by the rising need for effective solutions for improved soil protection, a surge in food demand, population growth, changing climatic conditions, and a growing demand for high-quality crops. Key trends expected during this period include advancements in bactericide formulations, technological innovations in formulations, research in nanotechnology, expanding markets in developing regions, and the development of multifunctional products. The rising food security and quality concerns are expected to significantly drive the growth of the bactericide market. As the global population continues to grow, the demand for food increases, which places additional pressure on agricultural systems to produce enough safe and nutritious food. Bactericides play a crucial role in addressing these issues by preventing bacterial infections in crops and food products. They help protect agricultural yields by controlling harmful bacteria that can damage plants, reducing crop losses, and ensuring a stable food supply. For instance, in January 2025, the United States Department of Agriculture (USDA) reported that food insecurity affected 13.5% of U.S. households (18 million) in 2023, an increase from 12.8% (17 million) in 2022. This increase in food insecurity highlights the importance of bactericides in maintaining food security and in the bactericide market are focusing on advancing biological crop protection methods, which provide sustainable solutions for disease control while reducing chemical residues and environmental impact. Biological crop protection products use natural organisms or plant-derived compounds, such as beneficial microbes or plant extracts, to control pests and diseases in an environmentally friendly manner. For example, in October 2024, BioConsortia, Inc., a US-based biotechnology company, received approval from the United States Environmental Protection Agency (US-EPA) for its Amara bio fungicide or bactericide. This product is designed to combat foliar diseases in high-value fruits and vegetables. Amara uses beneficial bacteria to produce antimicrobial compounds that degrade fungal pathogen cells and enhance plant systemic resistance, offering improved consistency and efficacy compared to existing biological products. The approval of Amara highlights BioConsortia's commitment to providing a sustainable alternative to synthetic chemical fungicides, with enhanced residue management and environmental June 2022, Dhanuka Agritech, an India-based agrochemical company, partnered with Hokko Chemical Industry Co., Ltd. and Nippon Soda Co., Ltd. to launch Zanet, a dual-action fungicide and bactericide aimed at controlling diseases in tomato crops in India. This collaboration underscores the importance of advanced crop protection solutions to enhance food production and support sustainable agriculture players in the bactericide market are BASF, Syngenta Crop Protection, Bayer Crop Science, Sumitomo Chemical Company, Corteva Agriscience, Sinochem International, FMC Corporation, Adama Agricultural Solutions Ltd., UPL Limited, Nufarm Agriculture Inc., Albaugh, Nippon Soda Co. Ltd., Arysta LifeScience, Isagro S.p.A., Biostadt India, Koppert Biological Systems, Indofil Industries, Valent BioSciences, Marrone Bio Innovations, Certis Biologicals, BioSafe Systems, and Qingdao KingAgroot Chemical Company. Report Scope Markets Covered: Type: Organic Bactericides; Inorganic Bactericides; Biological Bactericides Formulation Type: Liquid Bactericides; Granular Bactericides; Powdered Bactericides Crop Type: Cereals and Grains; Oilseeds and Pulses; Fruits and Vegetables Application: Agricultural Bactericides; Industrial Bactericides; Household Bactericides Subsegment: Organic Bactericides: Amide Bactericides; Dithiocarbamate Bactericides; Antibiotic-Based Bactericides; Phenolic Bactericides Inorganic Bactericides: Copper-Based Bactericides; Sulfur-Based Bactericides; Quaternary Ammonium Compounds (QACs) Biological Bactericides: Bacteria-Based Bactericides; Fungal-Based Bactericides; Plant Extract-Based Bactericides; Essential Oil-Based Bactericides Key Attributes: Report Attribute Details No. of Pages 175 Forecast Period 2025 - 2029 Estimated Market Value (USD) in 2025 $10.24 Billion Forecasted Market Value (USD) by 2029 $13.42 Billion Compound Annual Growth Rate 7.0% Regions Covered Global Key Topics Covered: 1. Executive Summary2. Bactericide Market Characteristics3. Bactericide Market Trends and Strategies4. Bactericide Market - Macro Economic Scenario Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market5. Global Bactericide Growth Analysis and Strategic Analysis Framework5.1. Global Bactericide PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)5.2. Analysis of End Use Industries5.3. Global Bactericide Market Growth Rate Analysis5.4. Global Bactericide Historic Market Size and Growth, 2019-2024, Value ($ Billion)5.5. Global Bactericide Forecast Market Size and Growth, 2024-2029, 2034F, Value ($ Billion)5.6. Global Bactericide Total Addressable Market (TAM)6. Bactericide Market Segmentation6.1. Global Bactericide Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion Organic Bactericides Inorganic Bactericides Biological Bactericides 6.2. Global Bactericide Market, Segmentation by Formulation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion Liquid Bactericides Granular Bactericides Powdered Bactericides 6.3. Global Bactericide Market, Segmentation by Crop Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion Cereals and Grains Oilseeds and Pulses Fruits and Vegetables 6.4. Global Bactericide Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion Agricultural Bactericides Industrial Bactericides Household Bactericides 6.5. Global Bactericide Market, Sub-Segmentation of Organic Bactericides, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion Amide Bactericides Dithiocarbamate Bactericides Antibiotic-Based Bactericides Phenolic Bactericides 6.6. Global Bactericide Market, Sub-Segmentation of Inorganic Bactericides, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion Copper-Based Bactericides Sulfur-Based Bactericides Quaternary Ammonium Compounds (QACs) 6.7. Global Bactericide Market, Sub-Segmentation of Biological Bactericides, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion Bacteria-Based Bactericides Fungal-Based Bactericides Plant Extract-Based Bactericides Essential Oil-Based Bactericides 7-29. Bactericide Market Regional and Country Analysis7.1. Global Bactericide Market, Split by Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion7.2. Global Bactericide Market, Split by Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion30. Bactericide Market Competitive Landscape and Company Profiles30.1. Bactericide Market Competitive Landscape30.2. Bactericide Market Company Profiles30.2.1. BASF - Overview, Products and Services, Strategy and Financial Analysis30.2.2. Syngenta Crop Protection - Overview, Products and Services, Strategy and Financial Analysis30.2.3. Bayer Crop Science - Overview, Products and Services, Strategy and Financial Analysis30.2.4. Sumitomo Chemical Company Ltd. - Overview, Products and Services, Strategy and Financial Analysis30.2.5. Corteva Agriscience - Overview, Products and Services, Strategy and Financial Analysis31. Bactericide Market Other Major and Innovative Companies31.1. Sinochem International Corporation31.2. FMC Corporation31.3. Adama Agricultural Solutions Ltd.31.4. UPL Limited31.5. Nufarm Agriculture Inc.31.6. Albaugh LLC31.7. Nippon Soda Co. Ltd.31.8. Arysta LifeScience31.9. Isagro S.p.A.31.10. Biostadt India Limited31.11. Koppert Biological Systems31.12. Indofil Industries Limited31.13. Valent BioSciences31.14. Marrone Bio Innovations31.15. Certis Biologicals32. Global Bactericide Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Bactericide Market34. Recent Developments in the Bactericide Market35. Bactericide Market High Potential Countries, Segments and Strategies35.1 Bactericide Market in 2029 - Countries Offering Most New Opportunities35.2 Bactericide Market in 2029 - Segments Offering Most New Opportunities35.3 Bactericide Market in 2029 - Growth Strategies35.3.1 Market Trend Based Strategies35.3.2 Competitor StrategiesFor more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Bactericide Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
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Q2 Metals Defines Initial Exploration Target of 215 to 329 Million Tonnes at the Cisco Lithium Project in James Bay, Quebec, Canada
Highlights The initial Exploration Target estimates a range of lithium mineralization at the Cisco Project from 215 to 329 Mt at a grade ranging from 1.0 to 1.38 % Li2O. Based only on the first 40 holes drilled to date. Drill testing continues with mineralization open at depth and along strike with potential for significant expansion at the Cisco Mineralized Zone. The 2025 Summer Program is ongoing, with rolling assay results anticipated into Q3 2025 as the Company works towards a maiden resource estimate. The Exploration Target was completed by BBA Inc., an independent geological and engineering consulting firm, and is based on exploration and drilling to date. VANCOUVER, British Columbia, July 21, 2025 (GLOBE NEWSWIRE) -- Q2 Metals Corp. (TSX.V: QTWO | OTCQB: QUEXF | FSE: 458) ('Q2' or the 'Company') is pleased to announce an inaugural Exploration Target on the Cisco Lithium Project (the 'Project' or the 'Cisco Project'), located within the greater Nemaska traditional territory of the Eeyou Istchee James Bay region of Quebec, Canada. The estimated range of potential mineralization and grade is from 215 to 329 million tonnes ('Mt') at a grade ranging from 1.0 to 1.38 % Li2O:Tonnes Range (Mt) Li2O Range (%) Minimum Maximum Minimum Maximum Exploration Target 215 329 1.00 1.38 Table 1: Exploration Target for Cisco Mineralized Zone The potential quantity and grade of the Exploration Target are conceptual in nature. There has been insufficient exploration to estimate and define a Mineral Resource, as defined by National Instrument 43-101 Standards of Disclosure for Mineral Project ('NI 43-101'), and it is uncertain if further exploration will result in the target being delineated as a Mineral Resource. An Exploration Target is used to provide a conceptual estimate of the potential quantity and grade of a mineral deposit, based on known and additional limited geological evidence. It is an early-stage assessment that will help to guide further exploration, but it is not a mineral resource or mineral reserve and should not be treated as such. The Exploration Target for the Cisco Project encompasses the main mineralized zone (the 'Mineralized Zone') (see Figure 1), which includes a total of 40 holes drilled for 16,167.8 metres ('m')1. Figure 1. Cisco Project showing pegmatite outcrop zones in the Exploration Target area The Exploration Target is constrained to the Mineralized Zone and does not include prospective geology and targets that the Company has identified outside of the Mineralized Zone. As such, there is the potential to further increase the overall lithium endowment of the Cisco Project. The large and well-mineralized CO2 outcrop which measures approximately 30 m wide by 80 m long has not yet been confirmed with drilling, and other areas to the east and south of the Mineralized Zone, such as CO6 or CO18 are also not included. Figure 2. Cross section through the Mineralized Zone at Cisco Project 'This Exploration Target represents a major milestone for Q2 and cements Cisco as a globally significant hard rock lithium discovery,' said Alicia Milne, Q2 Metals President and CEO. 'Cisco's location within the James Bay Lithium District, including proximity to the all-season Billy Diamond Highway and, most notably, rail at the nearby town of Matagami, make it an ideal candidate for a development scenario. We are excited to continue to grow and advance the Cisco Project, executing on our strategy to create value for our shareholders.' 'This Exploration Target, particularly its being limited to just the currently defined Mineralized Zone, highlights both the scale potential of the Cisco Project as well as its grade,' said Q2 VP of Exploration, Neil McCallum. 'The Mineralized Zone remains open at depth and along strike and with only 40 holes drilled so far, there is potential for significant expansion at the Cisco Project. We are continuing the 2025 summer drill program with infill drilling of the Mineralized Zone in order to update the current Exploration Target to a NI 43-101 compliant inferred Mineral Resource Estimate.' Figure 3. Cisco Project location Exploration Target Live Webinar Q2 Metals will be hosting a live webinar, with Q&A, on Wednesday July 23 at 9:00 am PT | 12:00 pm ET. To register, click here. Methodology and Determination for the Exploration Target The Company engaged BBA Inc. ('BBA') as an independent consultant to review all exploration and drilling conducted to date at the Cisco Project and to complete an Exploration Target, in accordance with NI 43-101. The Exploration Target is based on BBA's interpretation of the following geology and mineralization data that has been compiled to date: 40 diamond core drill holes completed for 16,167.8 m; 7,358 drill hole assay results; 156 surface rock chip samples; Surface geological mapping and diamond core geological logging; Detailed LiDAR surface topography; and The estimate includes geological information for the lower half of drill hole 36, and all of drill holes 38 and 39 (does not include pending assays). BBA methodology included a complete review of the data and 3D modelling to create a conceptual volume of the pegmatite domains within the Mineralized Zone. The pegmatite domains were interpreted where geological information was available with sufficient quantity and quality. To estimate a tonnage, pegmatite specific gravity ('SG') was used for the pegmatite domains and based on 407 measurements. The average SG of each domain was then applied individually. An associated grade was then applied based on the assay results for each individual domain. The implied tonnage and grade of each volume was then reduced by a factor (confidence factor) to account for the likelihood of each domain being mineralized at a reasonable grade. The grade and tonnage were then further adjusted by an additional factor to be reported as ranges. The estimated tonnages are rounded to the nearest million tonnes and the grade rounded to the nearest 0.01% Li2O. The 3D modelling of the pegmatite domains was restricted to the Mineralized Zone. The extent of the interpreted pegmatite domains was limited up to 250 m around the relevant geological information (drill hole, channel). The thickness of the interpreted pegmatite domains is representative of the pegmatite intercepts. The Exploration Target does not include prospective geology and targets that the Company has identified outside of the Mineralized Zone. As such, there is the potential to further increase the overall lithium endowment of the Cisco Project. Qualified Person Mr. Todd McCracken, is a Qualified Person as defined by NI 43-101, and member in good standing with the Ordre des Géologues du Québec and with the Professional Geoscientists of Ontario. Mr. McCracken has reviewed and approved the technical information in this news release. Mr. McCracken is Director – Mining & Geology – Central Canada, of BBA Inc. and is independent of the Company. Mr. McCracken does not hold any securities in the Company. Neil McCallum, a registered permit holder with the Ordre des Géologues du Québec and Qualified Person as defined by NI 43-101 ('QP') has reviewed and approved the technical information in this news release. Mr. McCallum is a director and the Vice President Exploration for Q2. ABOUT Q2 METALS CORP. Q2 Metals is a Canadian mineral exploration company focused on the Cisco Lithium Project located within the greater Nemaska traditional territory of the Eeyou Istchee, James Bay, Quebec, Canada. The Cisco Project is comprised of 801 claims, totaling 41,253 hectares, with the main mineralized zone just 6.5 km from the Billy Diamond Highway, which transects the Project. The Town of Matagami, rail head of the Canadian National Railway, is approximately 150 km to the south. The Cisco Project has district-scale potential with an already identified mineralized zone and drill results that include: 120.3 metres at 1.72% Li2O (hole CS-24-010); 215.6 metres at 1.69% Li2O (hole CS-24-018); 347.1 metres at 1.35% Li2O (hole CS-24-021); 188.6 metres at 1.56% Li2O (hole CS-24-023); and 179.6 metres at 1.66% Li20 (hole CS-25-027) with an additional 58.0 m at 1.75% Li2O; and 91.8 m at 1.81% Li2O. The 2025 Summer Program is ongoing, with rolling assay results anticipated into Q3 2025. FOR FURTHER INFORMATION, PLEASE CONTACT: Alicia MilnePresident & CEOAlicia@ Jason McBrideInvestor Relations ManagerJason@ Chris AckermanCorporate DevelopmentChris@ Telephone: 1 (800) 482-7560E-mail: info@ Follow the Company: Twitter, LinkedIn, Facebook, and Instagram Sampling, Analytical Methods and QA/QC Protocols All drilling is conducted using a diamond drill rig with NQ sized core and all drill core samples are shipped to SGS Canada's preparation facility in Val D'Or, Quebec, for standard sample preparation (code PRP92) which includes drying at 105°C, crushing to 90% passing 2 mm, riffle split 500 g, and pulverize 85% passing 75 microns. The pulps are then shipped by air to SGS Canada's laboratory in Burnaby, BC, where the samples are homogenized and subsequently analyzed for multi-element (including Li and Ta) using sodium peroxide fusion with ICP-AES/MS finish (code GE_ICM91A50). The reported Li grade will be multiplied by the standard conversion factor of 2.153 which results in an equivalent Li2O grade. Drill core was saw-cut with half-core sent for geochemical analysis and half-core remaining in the box for reference. The same side of the core was sampled to maintain representativeness. A Quality Assurance / Quality Control (QA/QC) protocol following industry best practices has been incorporated into the sampling program. Measures include the systematic insertion of quartz blanks and certified reference materials (CRMs) into sample batches at a rate of approximately 5% each. Additionally, analysis of pulp-split and reject-split duplicates was completed to assess analytical precision. The QP has verified the QA/QC results of the analytical work. Forward-Looking Statements This news release contains forward-looking statements and forward-looking information (collectively, 'forward-looking statements') within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: 'believes', 'expects', 'anticipates', 'intends', 'estimates', 'plans', 'may', 'should', 'would', 'will', 'potential', 'scheduled' or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Accordingly, all statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation, any statements or plans regard the geological prospects of the Company's properties and the future exploration endeavors of the Company. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in such forward-looking statements. The forward-looking statements in this news release speak only as of the date of this news release or as of the date specified in such statement. Forward looking statements in this news release include, but are not limited to, statements with respect to the definition of an Exploration Target at the Company's Cisco Project, drilling results on the Cisco Project and inferences made therefrom, the preparation of an exploration target on the Cisco Project, the potential scale of the Cisco Project, the focus of the Company's current and future exploration and drill programs, the scale, scope and location of future exploration and drilling activities, the Company's expectations in connection with the projects and exploration programs being met, the Company's objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, variations in ore grade or recovery rates, changes in project parameters as plans continue to be refined, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, reallocation of proposed use of funds, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same. Readers are cautioned that mineral exploration and development of mines is an inherently risky business and accordingly, the actual events may differ materially from those projected in the forward-looking statements. Additional risk factors are discussed in the section entitled 'Risk Factors' in the Company's Management Discussion and Analysis for its recently completed fiscal period, which is available under Company's SEDAR profile at Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. ___________________ 1 Summary of Drill and Assay data. Photos accompanying this announcement are available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
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'New kind of frontier': Shareholder proposals on AI becoming increasingly widespread
When Canada's most valuable companies hosted their annual general meetings this year, there was a new topic for shareholders to vote on among the usual requests to appoint board members and OK their executive compensation. The proposal from Quebec-based investor rights group le mouvement d'éducation et de défense des actionnaires centred on artificial intelligence. It asked 14 companies, including Canada's biggest banks, retailer Dollarama Inc. and telecom giant BCE Inc., to sign a voluntary code of conduct the federal government developed to govern the technology. Experts say the proposal is likely just the start of what they expect to become an annual phenomenon targeting the country's biggest companies — and beyond. "This is a new kind of frontier in Canada for shareholder proposals," said Renée Loiselle, a Montreal-based partner at law firm Norton Rose Fulbright. "Last year, this was not on the ballot. Companies were not getting shareholder proposals related to AI and this year, it absolutely is." Loiselle and other corporate governance watchers attribute the increase in AI-related shareholder proposals to the recent rise of the technology itself. While AI has been around for decades, it's being adopted more because of big advances in the technology's capabilities and a race to innovate that emerged after the birth of OpenAI's ChatGPT chatbot in 2022. The increased use has revealed many dangers. Some AI systems have fabricated information and thus, mislead users. Others have sparked concerns about job losses, cyber warfare and even, the end of humanity. The opportunities and risks associated with AI haven't escaped shareholders, said Juana Lee, associate director of corporate engagement at the Shareholder Association for Research and Education (SHARE). "In Canada, I think, in the last year or two, we're seeing more and more shareholders, investors being more interested in the topic of AI," she said. "At least for SHARE ourselves, many of our clients are making it a priority to think through what ethical AI means, but also what that means for investee companies." That thinking manifested itself in a proposal two funds at the B.C. General Employees' Union targeted Thomson Reuters Corp. with. The proposal asked the tech firm to amend its AI framework to square with a set of business and human rights principles the United Nations has. It got 4.87 per cent support. Meanwhile, MÉDAC centred its proposals around Canada's voluntary code of conduct on AI. The code was launched by the federal government in September 2023 and so far, has 46 signatories, including BlackBerry, Cohere, IBM, Mastercard and Telus. Signatories promise to bake risk mitigation measures into AI tools, use adversarial testing to uncover vulnerabilities in such systems and keep track of any harms the technology causes. MÉDAC framed its proposals around the code because there's a lack of domestic legislation for them to otherwise recommend firms heed and big companies have already supported the model, director general Willie Gagnon said. Several companies it sent the proposal to already have AI policies but didn't want to sign the code. "Some of them told us that the code is mainly designed for companies developing AI, but we disagree about that because we saw a bunch of companies that signed the code that are not developing any AI," Gagnon said. Many of the banks told MÉDAC they'll soon sign the code. Only CIBC has so far. Conversations with at least five companies were fruitful enough that MÉDAC withdrew its proposals. In the nine instances where the vote went forward, the proposal didn't succeed. It garnered as much as 17.4 per cent support at TD Bank but as little as 3.68 per cent at engineering firm AtkinsRéalis Group Inc. Loiselle said you can't measure the success of a proposal based on whether it passes or not. "The goal of these shareholder proposals is more for engagement," she said. Sometimes, even just by filing a proposal, companies reveal more about their AI use or understand it's an important topic for shareholders and then, discuss it more with them. While proposals don't always succeed, Lee has seen shareholder engagement drive real change. SHARE recently had discussions with a large Canadian software company. AI was central to its business but didn't crop up in its proxy statement — a document companies file governing their annual general meetings. The firm also had no board oversight of the technology. SHARE was able to get the company, which Lee would not name, to amend its board charter to include oversight of AI and commit to more disclosure around its use of the technology in its annual sustainability report. "This is a really positive development and it's leading to improvement related to further transparency," she said. If the U.S. is anything to judge by, Lee and Loiselle agree Canadian shareholders will keep pushing companies to adhere to higher AI standards. South of the border, AI-related proposals first cropped up around two years ago. They've targeted Apple, The Walt Disney Co. and even Netflix, where a vote on disclosing AI use and adhering to ethical guidelines amassed 43.3 per cent support. The frequency and spectrum of AI-related requests shareholders have has only grown since and is likely to be mirrored in Canada, Loiselle said. "The landscape for shareholder proposals is changing and I think that change is here to stay," she said. This report by The Canadian Press was first published July 21, 2025. Tara Deschamps, The Canadian Press Sign in to access your portfolio
