Alberta Record

· Bill / Centralization of Board Authority · enacted

Bill 16 — Alberta Investment Attraction Act Amendments: Centralizing Board Authority

Amends the Alberta Investment Attraction Act to shift authority over board director resignations from the board chair to the Minister and removes the Deputy Minister's right to attend board meetings.

Moderate impactCentralization of powerInstitutional independenceThe public, directly

What changed

  • Replaces "Chair" with "Minister" for receiving director resignations (s. 1(3)(a)).
  • Repeals provisions related to the Chair's resignation process (s. 1(3)(b)).
  • Removes the Deputy Minister's right to receive notice of and attend board meetings (s. 1(3)(c)).

Why it matters

  • Centralizes decision-making authority regarding board member accountability from the board to the Minister.
  • Reduces the oversight and involvement of the Deputy Minister in the board's operations.

Primary sources (1)