Organization Profile - Freshwater Fish Marketing Corporation

Minister of Fisheries, Oceans and the Canadian Coast Guard

Freshwater Fish Marketing Act
http://laws-lois.justice.gc.ca/eng/acts/F-13/page-1.html#h-3

The Freshwater Fish Marketing Corporation consists of a Board of Directors composed of a Chairperson, a President, one director for each participating province/territory (three) and four other directors.

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

Each director of the Corporation, 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 office of not more than one-half of the directors. The directors cease to hold office on attaining the age of seventy years. Directors are eligible for reappointment.

A director for a participating province/territory shall be appointed on the recommendation of the Lieutenant Governor of that province/territory. Participating provinces/territory: Ontario, Manitoba, Saskatchewan, Alberta, Northwest Territories or Nunavut.

No officer or employee of a Crown corporation or any of its affiliates, other than the chief executive officer of a parent Crown corporation, shall be a director of the parent Crown corporation.

In the event of the absence or incapacity of the President, or if the office of President is vacant, the Board shall authorize an officer or director of the Corporation to act as President for the time being, but no person so authorized by the Board has authority to act as President for a period exceeding sixty days without the approval of the Governor in Council.

If any director of the Corporation, other than the Chairperson or the President, is absent or unable to act, the Governor in Council may appoint a temporary substitute director on such conditions as the Governor in Council prescribes.

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.

The Financial Administration Act requires that before an officer-director of a parent Crown corporation is appointed, the Minister shall consult the Board of Directors of the Corporation with respect to the appointment.

A majority of directors (s.3 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.