Canadian Public Corporations Governance Act
An Act to provide the means to rationalize the governance of Canadian public corporations
This bill was last introduced in the 42nd Parliament, 1st Session, which ended in September 2019.
This bill was last introduced in the 42nd Parliament, 1st Session, which ended in September 2019.
Dead, as of Nov. 3, 2016
(This bill did not become law.)
This is from the published bill. The Library of Parliament often publishes better independent summaries.
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.
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.