Standing Committees

In accordance with the By-Laws, the Board has adopted a two-committee structure and has proceeded to establish two standing Board Committees: the Finance and Audit Committee (“F&A Committee”) and the Governance, Policy and Human Resources Committee (“GP&HR Committee”).  These Board Committees were created to assist the Board with its work, each within its own area of responsibility.

F&A Committee

This Committee is required by law.

  • Membership: It is composed of three members of the Board who are appointed by the Board on the recommendation of the Board Chair. One of these members is designated by the Board, on the recommendation of the Board Chair, to be the Chair of the Committee.
  • Mandate:  The Mandate and Operational Guidelines of the Finance and Audit Committee were approved by the Board.

The Committee typically holds five regular meetings in every financial year. In addition to regular meetings, the Committee may hold additional special meetings as required.

GP&HR Committee

This Committee was established at the discretion of the Board.

  • Membership: It is composed of three Board members who are appointed by the Board on the recommendation of the Board Chair. One of these members is designated by the Board, on the recommendation of the Board Chair, to be the Chair of the Committee.
  • Mandate: The Mandate and Operational Guidelines of the Governance, Policy and Human Resources Committee were approved by the Board.

The Committee typically holds five regular meetings in every financial year. In addition to regular meetings, the Committee may hold additional special meetings, as required.

Also, the Board may, at its discretion, establish other committees as required to assist the Board in meeting its responsibilities.

(see Board of Directors and Committees of the Board of Directors)