Organization Profile - Federal Bridge Corporation Limited (The)

The Federal Bridge Corporation Limited, a Crown corporation, has a mandate to provide the highest level of stewardship of the Canadian interests in the Blue Water Bridge in Point Edward, Ontario; the Seaway International Bridge in Cornwall, Ontario; the Sault Ste. Marie International Bridge in Sault Ste. Marie, Ontario; and the Thousand Islands Bridge at Lansdowne, Ontario. It is responsible for the oversight of these bridges including the provision of safe and secure infrastructure for the efficient transportation of passengers and goods in support of trade.

Financial Administration Act

The Board of Directors of The Federal Bridge Corporation Limited shall consist of seven directors, including the Chairperson and the President and Chief Executive Officer.

The President and Chief Executive Officer and the Chairperson are appointed by the Governor in Council (GIC) to hold office during pleasure for such term as the GIC considers appropriate. The Chairperson and the President and Chief Executive Officer are eligible for reappointment at the expiration of their terms of office.

Each director, other than the President and Chief Executive Officer and the Chairperson, are appointed by the Minister with the approval of the GIC, to hold office during pleasure for such term not exceeding four years that will ensure, as far as possible, the expiration in any one year of the terms of office of not more than one half of the directors of the Corporation. A director is eligible for reappointment.

If a director is not appointed on the expiration of the term of an incumbent director, other than the President and Chief Executive Officer and the Chairperson, the incumbent director continues in office until a successor is appointed.

No officer or employee of the Corporation or any of its affiliates, other than the President and Chief Executive Officer, shall be a director of the Corporation.

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

Four directors, including either the Chairperson or the Vice-Chairperson.

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

By exception, the appointment of the Auditor General of Canada is made directly by Parliament pursuant to section 257 of the Economic Action Plan 2013 Act, No. 2.