PURPOSE
The purpose of the Audit Committee is to:

• Assist the Board in its oversight of:
  • the integrity of the Corporation's financial statements;
  • the Corporation's compliance with legal and regulatory requirements;
  • the independent auditors' qualifications and independence;
  • the Corporation's financial internal controls; and
  • the performance of the Corporation's internal audit function, if any, and independent auditor; and
  • assist the Board in its oversight of other financial matters affecting the Corporation.

COMPOSITION

• The Audit Committee shall consist of a minimum of three directors of the Corporation; and
• All members of the Audit Committee shall be independent directors (as defined in Section 4 of the Governance Manual [More...]