Meeting Summary

Governance Committee – February 21, 2019

2019 Governance Committee Work Plan

The Governance Committee Mandate requires the Committee to establish its Work Plan annually.  The Work Plan describes how the Committee will meet its mandate obligations.

Following discussion, the Governance Committee approved its 2019 Work Plan, which was prepared to comply with the Committee Mandate, as approved by the OAC Board at its meeting held on December 13, 2018.

2018 Enterprise Political Donations and 2019 Plan

In accordance with the Political Donations Policy, the Vice President, Government Relations, is required to make a recommendation to the Governance Committee at its first scheduled meeting each year regarding OMERS enterprise plan and budget for political contributions in the coming year.  Moreover, a report on contributions made in the previous calendar year is also required, with a summary report posted to OMERS public website to promote transparency with Plan members.

The Vice President, Government Relations, presented the enterprise donations made in 2018 and proposed donation plans for 2019.

Following questions and discussion, the Governance Committee approved the 2018 Enterprise Political Donations Plan.