Organization Profile - Ridley Terminals Inc.

Ridley Terminals Inc.

The information presented on the following pages is for reference purposes only and should not be considered or relied on as an authoritative or exhaustive source of all Governor in Council appointments or positions.


Crown Corporation (FAA, Sched. III, Part I)

Minister Responsible

Minister of Transport

Mandate

Ridley Terminals Inc. was incorporated under the Canada Business Corporations Act on December 18, 1981. The company operates a marine terminal on Ridley Island in Prince Rupert, B.C. Its train unloading and ship loading infrastructure and equipment are located on land leased from the Prince Rupert Port Authority. Ridley Terminals Inc. plays an important role in supporting Canada’s export coal, petroleum coke and wood pellet business and is pursuing diversification into sulphur and other commodities.

The company’s focus is to increase the value of Canada’s investment in the terminal, to support the local community of Prince Rupert, and to help canadian shippers compete more effectively in the international market by minimizing transportation costs.

Head Office

Prince Rupert, British Columbia

Appointment Provisions

Financial Administration Act

Ridley Terminals Inc. is composed of a minimum of three and a maximum of seven directors including the Chairperson.

The Chairperson and the Chief Executive Officer shall be appointed by the Governor in Council to hold office during pleasure for such term as the Governor in Council considers appropriate. The Chairperson and the Chief Executive Officer are eligible for reappointment at the expiration of their term of office.

Each director shall be appointed by the Minister with the approval of the Governor in Council, to hold office during pleasure for such term, not exceeding four years, as will ensure, as far as possible, the expiration in any one year of the terms of office of not more than one-half of the directors of the corporation. All directors are eligible for reappointment at the expiration of their term of office.

No officer or employee of a Crown corporation or any of its affiliates, other than the chief executive officer of a parent Crown corporation, shall be a director of the parent Crown corporation.

If a director is not appointed to take office on the expiration of the term of an incumbent director, other than an officer-director, the incumbent director continues in office until his successor is appointed.

Consultation

The Financial Administration Act requires that before the Chairperson and Chief Executive Officer is appointed, the Minister shall consult the Board of Directors of the Corporation with respect to the appointment.

Auditor

The auditor of a Crown Corporation shall be appointed annually by the Governor in Council, after the appropriate Minister has consulted the Board of Directors of the corporation, and may be removed at any time by the Governor in Council, after the appropriate Minister has consulted the Board.

The Auditor General of Canada shall be appointed by the Governor in Council as the auditor, or a joint auditor, of each Crown Corporation, unless the Auditor General waives the requirement of being so appointed.

An auditor of a Crown Corporation is eligible for reappointment on the expiration of the auditor’s appointment.

If an auditor of a Crown Corporation is not appointed to take office on the expiration of the appointment of an incumbent auditor, the incumbent auditor continues in office until a successor is appointed.

A person is disqualified from being appointed or re-appointed or continuing as an auditor of the corporation if that person is not independent of the corporation, any of its affiliates, or the directors or officers of the corporation or any of its affiliates. Expenses reimbursed in accordance with policies and procedures of the Corporation.

Remuneration

Chairperson

  • Fixed by GiC: Incumbent;
    per diem ($220 - $260)
  • Incumbent; annual ($5,700 - $6,700)

Director (Federal)

  • Fixed by GiC: Position;
    per diem ($220 - $260)
  • Position; annual ($2,900 - $3,400)

Auditor

  • Fixed by Organization or Nil if Auditor General

Joint Auditor

  • Fixed by Organization or Nil if Auditor General

Appointments

Appt/Expiry
Date
Position
Level
President and Chief Executive Officer
1 Vacant Position
Chairperson
McPhie, Michael Robert John
Vancouver, British Columbia
During Pleasure
2017-09-13
2022-09-12
Directors
Bromley, David Edward George
West Vancouver, British Columbia
During Pleasure
2013-02-07
2018-02-25
Kirk, Gillian Gail
Port Coquitlam, British Columbia
During Pleasure
2015-05-28
2019-05-27
Shepherd, C. Scott M.
Vancouver, British Columbia
During Pleasure
2008-05-10
2018-05-30
3 Vacant Positions
Total vacancies: 4