The Board is the voice of the membership in matters of governance and oversight. Their roles and responsibilities are outlined in the Reciprocal Agreement and include responsibility for ensuring the financial integrity of the Reciprocal, complying with regulatory requirements, overseeing management performance and addressing governance issues raised by the members.
The Board, in accordance with the Reciprocal Agreement, has created two Standing Committees to assist them–the Audit Committee and the Nominating Committee.
The Audit Committee’s mandate is to assist the Board in monitoring the financial reporting and audit issues. The current Audit Committee is composed of Linda Leeds, Consultant, Town of Milton (Chair); Amedeo Valentino, Town of Caledon, Doug Taylor, Township of Tiny and Malcolm Heins, Consultant.
The Nominating Committee is responsible for ensuring that appropriate candidates are nominated for both Board and Audit Committee positions in accordance with criteria established by the Reciprocal Agreement and the Nominating Committee Terms of Reference.