(250) 465-1245 colin@governance.ca

Governing Principles

How does a board decide what is acceptable for it to do and what is not? The answer is “governing principles.” But what are governing principles? Governing principles are the rules a board develops and agrees upon to guide and control how it will govern. They are...

What is a Fiduciary?

The moment you become a board director you become a Fiduciary and take on a host of legal obligations, duties and liabilities. A fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties. The legal system recognizes a...