Conflict of Interest

Our conflict of interest policy is anchored on a simple principle:

the decisions of the board cannot lead to the personal benefit of a director or a member of their immediate family.
This means that directors must declare all affiliations with other corporate and not-for-profit organizations.  At all times directors are expected to make decisions in the best interest of the corporation.

A conflict of interest would arise if:

  • A director or immediate family member would stand to gain, or lose money because of a decision by the board.
  • A director influencing the outcome of a board decision to favour someone, or a group, with whom the director has an affinity.