I just checked out http://www.cwb.ca/public/en/about/act/ code of ethics for the CWB BOD’s.
Code of Ethics
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III. DUTIES
Duties for corporate directors emanate from common law obligations and the provisions of the statute or instrument under which the company is incorporated. The following duties are applicable to directors and are in addition to any enactment or rule of law or equity relating to the duties of directors:
A. Duty of loyalty
Directors must act honestly, in good faith, and in the best interests of the Corporation. The key elements of this standard of behaviour are:
(i) A director must act in the best interests of the CWB and not in his or her self-interest. Acting in the best interests of the CWB includes ensuring that the views and concerns of western Canadian wheat and barley farmers are brought forward to the entire Board.
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B. Duty of care
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(e) Engaging in activities that demonstrate the accountability of the CWB and the director to all Western Canadian wheat and barley farmers.
Also Part 47.1 of the CWB act states that the ministers obligations are
Minister’s obligation
47.1 The Minister shall not cause to be introduced in Parliament a bill that would exclude any kind, type, class or grade of wheat or barley, or wheat or barley produced in any area in Canada, from the provisions of Part IV, either in whole or in part, or generally, or for any period, or that would extend the application of Part III or Part IV or both Parts III and IV to any other grain, unless
(a) the Minister has consulted with the board about the exclusion or extension; and
(b) the producers of the grain have voted in favour of the exclusion or extension, the voting process having been determined by the Minister.
Code of Ethics
…
III. DUTIES
Duties for corporate directors emanate from common law obligations and the provisions of the statute or instrument under which the company is incorporated. The following duties are applicable to directors and are in addition to any enactment or rule of law or equity relating to the duties of directors:
A. Duty of loyalty
Directors must act honestly, in good faith, and in the best interests of the Corporation. The key elements of this standard of behaviour are:
(i) A director must act in the best interests of the CWB and not in his or her self-interest. Acting in the best interests of the CWB includes ensuring that the views and concerns of western Canadian wheat and barley farmers are brought forward to the entire Board.
…
B. Duty of care
…
(e) Engaging in activities that demonstrate the accountability of the CWB and the director to all Western Canadian wheat and barley farmers.
Also Part 47.1 of the CWB act states that the ministers obligations are
Minister’s obligation
47.1 The Minister shall not cause to be introduced in Parliament a bill that would exclude any kind, type, class or grade of wheat or barley, or wheat or barley produced in any area in Canada, from the provisions of Part IV, either in whole or in part, or generally, or for any period, or that would extend the application of Part III or Part IV or both Parts III and IV to any other grain, unless
(a) the Minister has consulted with the board about the exclusion or extension; and
(b) the producers of the grain have voted in favour of the exclusion or extension, the voting process having been determined by the Minister.
Comment