December 15, 2011

Independent Review of Contribution Rate Allocation

While the final report is not expected until February, the independent actuary met with the SC and clarified the process and research findings on comparator organizations.


By-law amendments were made as follows: #2 – General, and #3 – Borrowing and Banking (to incorporate the new executive officer title) and to the by-laws listing OAC Board Members (to consolidate and update the names and terms of office - #13-01 and #13-02.)

The 2012 operating budget had been approved in preliminary form in November, and was confirmed at this meeting.