Canadian Public Corporations Governance Act

An Act to provide the means to rationalize the governance of Canadian public corporations

This bill is from the 42nd Parliament, 1st session, which ended in September 2019.

Status

Dead, as of Nov. 3, 2016
(This bill did not become law.)

Summary

This is from the published bill.

This enactment limits the cumulative period that an individual may sit on the board of directors of a Canadian public corporation to 96 months and prohibits an individual from sitting on the board of more than four Canadian public corporations at the same time. It also places strict limits on the remuneration these corporations may pay their officers and directors and the benefits they may grant in connection with their functions.

Similar bills

S-205 (40th Parliament, 3rd session) Governance of Canadian Businesses Emergency Act, 2010
S-235 (40th Parliament, 2nd session) Governance of Canadian Businesses Emergency Act, 2009

Elsewhere

All sorts of information on this bill is available at LEGISinfo, an excellent resource from the Library of Parliament. You can also read the full text of the bill.

Bill numbers are reused for different bills each new session. Perhaps you were looking for one of these other S-216s:

S-216 (2021) Effective and Accountable Charities Act
S-216 (2020) Modern Slavery Act
S-216 (2020) An Act to amend the Assisted Human Reproduction Act
S-216 (2014) Shared Parenting Act
S-216 (2013) An Act to amend the Controlled Drugs and Substances Act and the Criminal Code (mental health treatment)
S-216 (2010) Protection of Beneficiaries of Long Term Disability Benefits Plans Act