Risk Management and Governance
Governance
COMMITTEE MANDATES
Audit Committee – Assists the Board in discharging its stewardship and oversight responsibilities by monitoring the integrity of our financial information that will be provided to parliament and other stakeholders, our systems of internal controls and risk management (which management and the Board have established), the audit process, and our financial performance against business and corporate plans.
Broadcasting Committees – Assist the Board in discharging its stewardship and oversight responsibilities with respect to the fulfillment of our public broadcasting mandate. The Standing Committees on English and French Language Broadcasting are established pursuant to the Broadcasting Act.
Infrastructure Committee – Assists the Board in discharging its stewardship and oversight responsibilities with respect to our infrastructure assets, including real estate, fleet and transmission holdings, and broadcasting, telecommunications and technology solutions.
Strategic Planning Committee – Assists the Board in discharging its stewardship and oversight responsibilities with respect to our role and mandate as the public broadcaster.
Human Resources and Governance Committee – Assists the Board in discharging its stewardship and oversight responsibilities on matters relating to human resources strategies, compensation, corporate governance, the conduct of the Board's affairs and other related matters.
Stakeholder Relations Committee – Assists the Board in discharging its stewardship and oversight responsibilities with respect to our significant stakeholder relations strategies and initiatives.
DIRECTOR COMPENSATION
The Chair of the Board and the President and CEO are compensated in accordance with the terms of the Order-in-Council appointing them. The President and CEO receives an annual salary as a senior executive of the Corporation, but no additional compensation to serve as a Director. The Chair of the Board receives an annual retainer (from $14,500 to $17,100) and a per diem fee (from $565 to $665) for meetings, travel time and special executive, analytical or representational responsibilities.
The remuneration for directors (other than the CEO and the Chair), established by a bylaw approved by the Minister of Canadian Heritage, can be summarized as follows:
Meetings |
Board of Directors |
Audit Committee |
Other Committees |
|
|---|---|---|---|---|
Regular Meetings |
Attendance in person including meetings by |
For the first 6 regular meeting days: $2,000/day |
For the first 6 regular meeting days: $1,300/day for members and $1,550 for the Chair |
For the first 4 regular meeting days: $1,000/day for members and $1,250 for the Chair |
Thereafter: $625/day |
Thereafter: $625/day |
Thereafter: $625/day |
||
Participation by telephone |
$625/day or $312.50/half-day |
$250/day |
$250/day |
|
Conference |
$250/day |
$250/day |
$250/day |
|
Directors are entitled to receive only one meeting fee for each day of work (24 hours) even if they attend more than one meeting during that period.
Compensation data for our Directors is summarized in Note 29 Related parties to the annual Consolidated Audited Financial Statements.
BOARD OF DIRECTORS ATTENDANCE
| BOARD MEMBERS |
|
BOARD |
|
AUDIT COMMITTEE |
|
BROADCASTING COMMITTEES |
|
INFRASTRUCTURE COMMITTEE |
|
HUMAN RESOURCES & GOVERNANCE |
|
STAKEHOLDER relations |
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # of meetings | 6 | 1 | 1 | 3 | 1 | 2 | 2 | 3 | 2 | |||||||||||||||
| Rémi Racine1 | 6/6 | 1/1 | 1/1 | 2/2 | 2/2 | 3/3 | 2/2 | |||||||||||||||||
| Hubert T. Lacroix | 6/6 | 1/1 | 1/1 | 2/2 | 2/2 | |||||||||||||||||||
| Edward W. Boyd | 6/6 | 1/1 | 1/1 | 1/2 | 0/1 | 3/3 | ||||||||||||||||||
| Robert Jeffery | 6/6 | 1/1 | 1/1 | 3/3 | 1/1 | 2/2 | 1/1 | |||||||||||||||||
| Marni Larkin2 | 3/4 | 1/1 | 1/1 | 1/1 | 1/1 | 2/2 | 1/1 | |||||||||||||||||
| Terrence A. Leier3 | 4/4 | 1/1 | 1/1 | 2/2 | 1/1 | 1/1 | 1/1 | |||||||||||||||||
| Norman May4 | 0/3 | 0/1 | 0/1 | |||||||||||||||||||||
| Maureen McCaw5 | 5/6 | 1/1 | 1/1 | 3/3 | 1/1 | 2/2 | 1/1 | |||||||||||||||||
| Marlie Oden | 6/6 | 1/1 | 1/1 | 2/2 | 3/3 | 2/2 | ||||||||||||||||||
| Harley Finkelstein6 | 2/2 | 1/1 | 1/1 | 1/1 | ||||||||||||||||||||
| René Légère7 | 2/2 | 1/1 | 1/1 | 1/1 | ||||||||||||||||||||
| Marie Wilson8 | 2/2 | 1/1 | 1/1 | 1/1 | ||||||||||||||||||||
| Jennifer Moore Rattray9 | 2/2 | 1/1 | 1/1 | 1/1 | ||||||||||||||||||||
| François R. Roy10 | 2/2 | 1/1 | 1/1 | 1/1 | ||||||||||||||||||||
