The Corporation has adopted a Code of Ethics for financial reporting individuals. The purpose of this code is to define the standards applicable to the President and CEO, Officers and employees of the Corporation performing, or involved in financial functions. Financial Reporting Individuals are vested with both the responsibility and authority to protect, balance and preserve the interests of all of the Corporation’s stakeholders, including shareholders, clients, employees and suppliers. The Code of Ethics for Financial Reporting Individuals, which is under the responsibility of the Audit Committee, is reviewed and reassessed annually and must be signed by all identified individuals on an annual basis. A copy of the code may be obtained by making a request to the Corporate Secretary of the Corporation.
The Corporation also has a Code of Business Conduct and Ethics for its directors, officers and employees. This Code was modified to insert a new clause related to securities trading. The Corporation’s Trading Policy now includes an anti-hedging policy prohibiting employees, directors, officers and certain contractors of the Corporation or any of its subsidiaries or affiliates from hedging or other monetizing transactions to lock in the value of holdings in the securities of the Corporation.
The Corporation also has a whistle blower policy under the terms of which employees can report an offence to the Code of Business Conduct and Ethics, or voice a concern relating to possible irregularities with regards to internal accounting, auditing or internal controls, by communicating by email, mail or telephone, confidentially with an appointed director. The Code of Business Conduct and Ethics is distributed annually to all employees of the Corporation and each employee is required to confirm their understanding and compliance with the policy.
Code of Business Conduct and Ethics
Code of Ethics for Financial Reporting Individuals