original_query: What is the role of shareholders in making corporate decisions?
query: What is the role of shareholders in making corporate decisions in Canadian corporate law?
answer: Shareholders have voting rights (one share, one vote principle generally applies for public companies) and can elect directors. With 5% of voting rights, they can requisition a meeting.  A beneficial holder can submit proposals, even without registered ownership.  Shareholders can unanimously agree to corporate actions regardless of director opinion and amend articles with a three-quarters majority vote.