The Globe and Mail reports in its Thursday edition that Shopify shareholders on Tuesday voted against the company creating an artificial-intelligence policy.
A Canadian Press dispatch to The Globe says the idea was shot down at the Ottawa-based tech company's annual meeting, where just shy of 14 per cent of shareholders in attendance voted in favour of developing a policy.
The proposal was put forward by the Shareholder Association for Research and Education (Share) on behalf of the United Church of Canada's pension plan, which is a Shopify investor.
They wanted Shopify to create a policy because they say generative AI systems may negatively impact human rights and agentic AI can cause misinformation, manipulation and erroneous automated transactions.
While it was hoping the proposal would pass, Share said Monday it would consider garnering even 15 per cent of the vote a "substantial" step in the push to get more AI oversight.
Shopify's board urged shareholders not to adopt the policy.
It didn't speak to its reasoning at Tuesday's meeting but in materials filed in advance for shareholders, it called the proposal ""entirely dissonant from how Shopify builds, ships, and governs technology."
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