About

Committees

HCRA has a 9-person Board, which provides strategic direction to the Chief Executive Officer and senior management team. Directors sit on committees that oversee all aspects of HCRA’s legislative and regulatory responsibilities.

Audit Risk & Finance Committee

Mandate

To assist the Board of Directors in meeting its fiduciary and governance responsibilities with respect to audit, finance, information technology, and financial risk management. The committee manages the relationship with external auditors and also reviews annual audited financial statements. This committee also oversees HCRA’s internal financial structure, reporting, and financial risk management systems.

Membership

The Committee consists of at least three (3) members of the Board, among these members, one will be elected Chair of the committee.

Governance Committee

Mandate

  • To assist the Board of Directors in ensuring that HCRA develops and implements an effective approach to corporate governance, enabling the business and affairs of HCRA to be directed, implemented and managed to meet its mandate and its strategic and business planning goals and objectives.
  • To assist the Board in ensuring members of the Board maximize their contribution in the best interests of HCRA through robust recruitment, orientation, onboarding and development.
  • To oversee the performance and evaluation of the Chief Executive Officer in a manner consistent with relevant HCRA policy.
  • To review, report on and make recommendations to the Board with respect to human resource management at HCRA, compensation policy, and human resources sustainability and succession planning.

Membership

The Committee consists of at least three (3) members of the Board, among these members, one will be elected Chair of the committee.