Organization Profile - Canadian Commercial Corporation

Minister of Export Promotion, International Trade and Economic Development

The Canadian Commercial Corporation (CCC) helps foreign government buyers benefit from Canada’s export capabilities through the negotiation and execution of government-to-government contracts. CCC accomplishes this by building unique relationships and maintaining international contracting and procurement expertise. The Corporation focuses on sectors where there is a clear role for government, operating in sectors that are sensitive or are outside of the World Trade Organizations’ (WTO) disciplines, such as defence, and where foreign governments require additional capacity to undertake complex and timely procurements, namely in emerging and developing country markets.

Ottawa, Ontario

Canadian Commercial Corporation Act
http://laws-lois.justice.gc.ca/eng/acts/C-14/index.html

The Canadian Commercial Corporation consists of a Chairperson, a President and not more than nine or less than five other directors.

The Chairperson and the President shall be appointed by the GIC to hold office during pleasure for any term that the GIC considers appropriate.

Each director, other than the Chairperson and the President, shall be appointed by the Minister with the approval of the GIC, to hold office during pleasure for a term not exceeding four years that will ensure, as far as possible, the expiry in any one year of the terms of office of not more than half of the directors.

If a director is not appointed to take office on the expiration of the term of an incumbent director, other than an officer-director, the incumbent director continues in office until his/her successor is appointed.

All directors, including the President and the Chairperson, are eligible for reappointment at expiry of term.

If the Chairperson is absent from a meeting, the directors that are present at the meeting shall choose a director to preside at it. For that purpose, the director has all the powers and duties of the Chairperson.

The President is the chief executive officer of the Corporation and has on behalf of the Board the direction and management of the business of the Corporation. The President shall perform any other duties that are assigned by the by-laws or by resolution of the Board.

If the President is absent or unable to act, or the office of President is vacant, the Board may appoint a director or an officer of the Corporation to act as President and shall fix the remuneration and terms and conditions of the appointment. No person may be appointed for a term of more than ninety days without the approval of the Governor in Council.

The Financial Administration Act requires that before the President or the Chairperson of a parent Crown corporation are appointed, the Minister shall consult the Board of Directors of the Corporation with respect to the appointment.

Three members of the Board constitute a quorum.

The Auditor General of Canada is the auditor of the Corporation.