About The Family Advantage – Spring 2022 Report
Family Advantage 2022 updates and enriches the 2020 edition of the
report. It presents the NBC Canadian Family Index calculated by
S&P Dow Jones Indices, which tracks and measures the performance
of Canadian companies controlled by families relative to the
S&P/TSX Composite Index, the main index of the stock market. The
Family Index includes 44 family-owned Canadian companies in different
sectors across the country (see the full list of companies included in
the Appendix) and is based on the application of objective
quantitative criteria to an index universe provided by S&P Dow
Jones Indices, the Index calculator.
In the NBC Canadian
Family Index, a company is considered to be family-controlled if the
founding family or founder(s) directly or indirectly hold at least 10%
of the company’s voting rights or, alternatively, if individual(s)
and/or related entities (not founders) hold at least 33.3% of the
company’s voting rights (for more information, please see our website
Vincent Joli-Coeur, Philippe Lefebvre Duquette and Alexandre Tessier
from National Bank of Canada alongside academic contributor Dr. Karl
Moore of McGill University and Oxford University are the co-authors
and coordinators of this report.
About National Bank of Canada
With $370 billion in
assets as at April 30, 2022, National Bank of Canada, together
with its subsidiaries, forms one of Canada's leading integrated
financial groups. It has more than 28,000 employees in
knowledge-intensive positions and has been recognized numerous times
as a top employer and for its commitment to diversity. Its
securities are listed on the Toronto Stock Exchange (TSX: NA).
Follow the Bank's activities at nbc.ca or via social media such as
Facebook, LinkedIn and Twitter.