Board of Directors Overview
- The Board of Directors (“Board”) of the Corporation is the voice of the Shareholder within the Corporation. It derives its authority from and is accountable to Her Majesty, as Sole Shareholder, for achieving the mandate of the Corporation.
- The Board is composed of seven (7) members, including the Board Chair (“Chair”) and the President and Chief Executive Officer (“CEO”), all of whom are appointed by or with the approval of the Governor in Council. The Chair and other Directors, except for the CEO, are occupying part-time positions and are deemed independent from Management. The CEO is occupying a full-time position. Compliance with the provisions of the Conflict of Interest Act and the requirements of the Ethical and Political Activity Guidelines for Public Office Holders including Part I: Ethical Guidelines and Statutory Standards of Conduct and Part II: Guidelines for the Political Activities of Public Office Holders is a term and condition of appointment. Board members are also subject to a Code of Conduct, which outlines the standards of conduct that Board members are expected to follow in the exercise of their duties as a Director of the Corporation.