Minimum Number of Board Meetings Per Year

• 16. Every housing provider shall ensure that it is a nonprofit corporation or a non-profit co-operative corporation in good standing under one of the following statutes and shall ensure that it continues to be in good standing as long as it is subject to the Housing Services Act.
  1. Business Corporations Act.
  2. Corporations Act.
  3. Co-operative Corporations Act
  4. Canada Business Corporations Act 
     
     
• 17. The Board of Directors of a housing provider shall meet at least four times each year and complete an Annual General Meeting within six months of the organization's fiscal year-end. 

Expenses, Meetings and Remuneration, Directors

• 18. A housing provider shall not pay remuneration to a director other than amounts to reimburse the director for reasonable expenses incurred in the performance of the director's duties as a director.
  
  
• 19. A housing provider may employ a director if,
  
  
  1. the director resides in the housing provider's housing project and is employed by the housing provider on a part-time or temporary basis; or
     
     
  2. the director does not reside in the housing provider's housing project and is employed by the housing provider to carry out functions of a non-supervisory and non-managerial nature and the housing provider has,
     
     
     1. five or fewer directors and no other director is employed by the housing provider to carry out the same functions, or
     2. more than five directors and not more than one-fifth of the directors' are employed by the housing provider to carry out the same functions.
        
        
• 20. Despite Section 13 — Expenses, Meetings and Remuneration, Directors, paragraph 18, a housing provider may pay reasonable remuneration to a director employed in accordance with Section 13 — Expenses, Meetings and Remuneration, Directors, paragraph 19 in respect of his or her employment functions.
  
  
• 21. With respect to Board meetings and activities, a housing provider shall not pay for the cost of dinners, meals, food, snacks, alcoholic and non-alcoholic drinks and other such similar costs. 

Property Management Contracts, Services, Procurement

• 22. A housing provider shall establish and follow open and competitive practices in hiring its employees, subject to the provisions of any collective bargaining agreement to which the housing provider is a party, and in retaining persons to provide property management services for its housing projects.