Organization Profile - Canadian Securities Regulation Regime Transition Office
Canadian Securities Regulation Regime Transition Office
Minister Responsible
Minister of Finance
Appointment Provisions
Canadian Securities Regulation Regime Transition Office Act
http://laws.justice.gc.ca/eng/acts/C-23.05/index.html
The GIC shall, on the recommendation of the Minister, appoint a president, or two co-presidents acting jointly, of the Transition Office, to hold office during pleasure.
The president is the chief executive officer of the Transition Office.
In the event of the absence or incapacity of the president or a vacancy in that office, the Minister may designate a person to act as president, which person may not act for a period exceeding 90 days without the GIC’s approval.
In the event of the absence or incapacity of a co-president or a vacancy in that office, the Minister may designate a person to act as co-president, which person may not act for a period exceeding 90 days without the GIC’s approval. The other co-president may act alone until another co-president is designated or appointed.
An advisory committee of participating provinces and territories is established within the Transition Office and consists of not more than 13 members.
The GIC shall appoint, on the recommendation of the Minister, a member for each participating province and territory, from persons nominated by that province or territory, to hold office during pleasure.
The president and the members of the Advisory Committee shall not accept or hold any office or employment, or carry on any activity, that, in the Minister’s opinion, is inconsistent with the performance of their duties.
The Governor in Council may, by order, on the recommendation of the Minister, dissolve the Transition Office.
http://laws.justice.gc.ca/eng/acts/C-23.05/index.html
The GIC shall, on the recommendation of the Minister, appoint a president, or two co-presidents acting jointly, of the Transition Office, to hold office during pleasure.
The president is the chief executive officer of the Transition Office.
In the event of the absence or incapacity of the president or a vacancy in that office, the Minister may designate a person to act as president, which person may not act for a period exceeding 90 days without the GIC’s approval.
In the event of the absence or incapacity of a co-president or a vacancy in that office, the Minister may designate a person to act as co-president, which person may not act for a period exceeding 90 days without the GIC’s approval. The other co-president may act alone until another co-president is designated or appointed.
An advisory committee of participating provinces and territories is established within the Transition Office and consists of not more than 13 members.
The GIC shall appoint, on the recommendation of the Minister, a member for each participating province and territory, from persons nominated by that province or territory, to hold office during pleasure.
The president and the members of the Advisory Committee shall not accept or hold any office or employment, or carry on any activity, that, in the Minister’s opinion, is inconsistent with the performance of their duties.
The Governor in Council may, by order, on the recommendation of the Minister, dissolve the Transition Office.
Remuneration
The GIC, on the recommendation of the Minister, shall determine the remuneration and allowances to be paid to the president and members of the Advisory Committee and other conditions of their employment.
Appointments
There are no current appointments to this organization.