Organization Profile - Canada Post Corporation

Canada Post Corporation

Minister of Public Services and Procurement

Canada Post Corporation's mission is to serve all Canadian residents, businesses and organizations by providing protected conveyance of messages, information and parcels throughout Canada and by providing quality value-added service that earns customers’ loyalty.

Ottawa, Ontario

Canada Post Corporation Act
http://laws-lois.justice.gc.ca/eng/acts/C-10/index.html

The Board of Directors consists of the Chairperson, the President and nine other directors.

The Chairperson of the Board and the President of the Corporation shall be appointed by the Governor in Council to hold office during pleasure for such term as the Governor in Council considers appropriate.

Each director, other than the Chairperson and the President, shall be appointed by the Minister with the approval of the Governor in Council to hold office during pleasure for such term not exceeding four years, as will ensure, as far as possible, the expiration in any one year of the terms of appointment of not more than one-half of the directors so appointed. A director may, on the expiration of his/her term of office, be reappointed to the Board.

Where the office of a director becomes vacant during the term of the director thereto, the Governor in Council may appoint a director for the remainder of the term.

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 a successor is appointed.

If the President is absent or unable to act or if the office of President is vacant, the Board may designate another director or an officer of the Corporation to act as the President for the time being, but no director or officer so designated has authority to act as President for a period exceeding ninety days without the approval of the Governor in Council.

If the Chairperson is absent or unable to act or if the office of Chairperson is vacant, the Minister may designate another director of the Corporation to act as the Chairperson for the time being, but no director so designated has authority to act as Chairperson for a period exceeding ninety days without the approval of the Governor in Council.

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

Six directors (s.4 of By-Law No. 1).

The auditor of a Crown Corporation shall be appointed annually by the Governor in Council, after the appropriate Minister has consulted the Board of Directors of the corporation, and may be removed at any time by the Governor in Council, after the appropriate Minister has consulted the Board.

The Auditor General of Canada shall be appointed by the Governor in Council as the auditor, or a joint auditor, of each Crown Corporation, unless the Auditor General waives the requirement of being so appointed.

An auditor of a Crown Corporation is eligible for reappointment on the expiration of the auditor’s appointment.

If an auditor of a Crown Corporation is not appointed to take office on the expiration of the appointment of an incumbent auditor, the incumbent auditor continues in office until a successor is appointed.

A person is disqualified from being appointed or re-appointed or continuing as an auditor of the corporation if that person is not independent of the corporation, any of its affiliates, or the directors or officers of the corporation or any of its affiliates. Expenses reimbursed in accordance with policies and procedures of the Corporation.