Corporate Governance

 

Board Charter

The Board of Directors has the responsibility for the overall stewardship of the conduct of the business of the Corporation, all of the entities owned and controlled by the Corporation and the activities of management.

 Board Charter [PDF Download]

At present, the Board of Directors of the Company has appointed three committees, being the Audit Committee, the Governance and Nominating Committee and the Compensation Committee.

Audit Committee

The Audit Committee is comprised of Clint B. Sharples, James M. Charuk, and James Friberg and its primary function is to assist the Board of Directors in fulfilling its oversight responsibilities for the financial reporting process and to oversee the Company’s relationship with the auditor.

 Audit Commitee Charter [PDF Download]

Governance and Nominating Committee

The Governance and Nominating Committee is comprised of Clint B. Sharples, James Friberg and Scott Stevens and it is focused on corporate governance that will enhance corporate performance, and to assist the Board of Directors in developing the Company’s approach to nomination of directors.

 Governance and Nominating Committee [PDF Download]

Compensation Committee

The Compensation Committee is comprised of Clint B. Sharples, Scott H. Stevens and James Friberg and its role is to determine and make recommendations to the Board of Directors regarding compensation and evaluation of the Company’s Chief Executive Officer and senior executives.

 Compensation Committee Charter [PDF Download]

Ethical Business Conduct

The Code of Business Conduct and Ethics sets out standards of behaviour required by all employees, directors, officers and contractors of the Company in conducting the business and affairs of the Company and its subsidiaries and affiliates. All employees, directors, officers and contractors are expected to maintain and enhance the Company’s standing as a vigorous and ethical member of the business community, and are therefore accountable for compliance with this policy.

 Code of Business Conduct and Ethics [PDF Download]