-News Release
-Backgrounder
-Speech
If there is a discrepancy between any printed version and the electronic version of this document, the electronic version will prevail.
Executive Summary
1. Introduction
2. Defining Good Governance in an Era of Increased Public Scrutiny
2.1 The Principles of a Sound Governance System
3. The Role of Crown Corporations - Flexible and Autonomous Instruments for the Delivery of Public Policy
3.1 A Brief History of Crown Corporations as Policy Instruments 3.2 The Diversity of Crown Corporations 3.3 The Autonomy of Crown Corporations 3.4 The FAA and the Governance of Crown Corporations
4. Strengthening Governance - Clarifying Accountabilities and Assigning Roles and Responsibilities
4.1 Clarifying Accountabilities 4.2 The Role of the Minister 4.3 The Role of the Board of Directors - Translating Public Policy into Efficient and Ethical Operations 4.4 The Role of Parliament - Legislation, Oversight and Scrutiny
5. Boards of Directors - Building Solid Foundations
5.1 Making Boards More Effective - Ensuring Independence 5.2 Setting Expectations - Directors' Responsibilities 5.3 Clarifying Responsibilities - Board Mandate and Committee Charters 5.4 The Right Foundation - Reinforcing Director Orientation, Education, and Evaluation 5.5 What Every Board Needs: The Audit Committee
6. Appointments
6.1 Appointments by the Governor in Council to Crown Corporations 6.2 The Appointment Process 6.3 Succession Planning
7. Reporting - Making Transparency and Accountability Come to Life
7.1 Reporting 7.2 Certification 7.3 Access to Information 7.4 Disclosure of Wrongdoing
8. An Outsider's View on the Inside - Annual Audit and Special Examination
8.1 Annual Audit 8.2 Special Examination
9. Other Issues
9.1 Compensation 9.2 Indemnification of Directors
10. Conclusion
11. Summary of Measures
Appendix A: Individuals Consulted
Appendix B: Parent Crown Corporations and Incorporation Data
