Shareholder sides with Agrium in proxy fight against Jana

March 15 Fri Mar 15, 2013 3:53pm EDT

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March 15 (Reuters) - Agrium Inc shareholder British Columbia Investment Management Corporation said on Friday that it will vote for the company's candidates for its board, not those of hedge fund Jana Partners.

The corporation said after meeting with both sides in the proxy battle that it believes Agrium's current board provides effective oversight.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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