The Governance and Nominating Committee ensures that the proper framework is in place for the CFI to operate in the most efficient and accountable manner. Among other things, this Committee is responsible for amendments to by-laws, human resources policies, succession planning, the annual performance evaluation of the President, and the code of conduct that governs the Board of Directors, CFI employees, and reviewers.

The Committee regularly reviews Board effectiveness and establishes procedures to follow when filling vacancies on the Board and for Members.

Directors and Members are nominated, and then appointed for a three-year term for Directors, and for a five-year term for Members. The Board has chosen to use the guidelines established by the Government of Canada entitled, “Remuneration Guidelines for Part-Time Governor in Council Appointees in Crown Corporations”.  Directors who opt to receive remuneration from the CFI are entitled to an annual retainer of $5,000, while committee chairs receive $7,500. They are also entitled to receive a per-meeting fee of $750 for attending Board or committee meetings, and a $500 fee for attending a committee meeting associated with a Board meeting. Members are not entitled to any remuneration. However, they may be reimbursed for any reasonable out-of-pocket expenses they incur while performing their duties or attending CFI member meetings.

GOVERNANCE AND NOMINATING COMMITTEE

Robert Giroux, Chair

Sheila Brown

Liz Harrison

Louise Proulx

Kevin Smith

John Weissenberger