Board of Directors

Environmental, Social and Governance Committee

All directors appointed to this committee are independent. This committee focuses on:

• Corporate governance
• Corporate values and the elements which facilitate Board effectiveness
• Committee structure and Terms of Reference of all committees
• Composition and structure of the Board and committees
• Recommending candidates for board members and the Chairperson to the Governor in Council

View committee terms of reference

Audit Committee

All directors appointed to this committee are independent and at least one member is a financial expert. The Audit Committee reviews:

• Financial information, which is provided to Parliament and other stakeholders
• Systems of corporate controls, which management and the Board have established
• Audit process
• Risk management framework
• Corporation’s financial performance against its corporate plan

Meetings of the Audit Committee are attended by the President and Chief Executive Officer, the Chief Financial Officer, the Internal Auditor, as well as by the representatives of the appointed External Auditors of Canada Post.

View committee terms of reference

Pension Committee

All directors appointed to this committee are independent. The Pension Committee oversees:

• Canada Post Pension Plan (approximately $25-billion)
• Pension plan matters and policies, including pension plan liabilities
• Pension plan strategies
• Corporation responsibilities as pension plan sponsor
• Corporation’s fiduciary responsibilities as pension plan administrator Investment decisions in accordance with the Statement of Investment Policies and Procedures
• Investment managers

View committee terms of reference