Board Diversity Policy
Diversity, Equity and Inclusion Value Statement
Diversity, equity and inclusion are central and essential to fairness of opportunity,
competitiveness of business, economic growth and our nation’s prosperity.
We believe having varied genders, races, ages, origins, sexual orientation, cultures, beliefs,
abilities, education and life experiences is our strength and the wellspring of creative ideas and
perspectives to spur innovation and excellence. In the spirit of reconciliation, we also reaffirm our
commitment to building respectful relationships that support Indigenous rights and improve
business opportunities for Indigenous peoples.
These values guide how we govern and function as an organization; enable and expand
opportunities and a sense of belonging for our employees; create value and serve our members,
businesses of all sizes and sectors, and communities; and develop partnerships to make a
meaningful impact for a vibrant society and a stronger, more competitive economy.
Purpose and Principles
The Canadian Chamber of Commerce (the “Canadian Chamber “) believes in diversity and
values the benefits that diversity can bring to its Board of Directors (the “Board”). Diversity
promotes the inclusion of different perspectives and ideas, mitigates against groupthink and
ensures the Canadian Chamber has the opportunity to benefit from all available talent. As more
diverse boards have proven to lead to better business performance, so to a more diverse Board
makes for better corporate governance for the Canadian Chamber.
Board Composition
The Canadian Chamber seeks to maintain a Board and its committees comprised of talented and
dedicated Directors with varied genders, races, ages, origins, orientations, cultures, beliefs,
abilities, education and life experiences. The skills and backgrounds collectively represented on
the Board and its committees should reflect the diverse nature of the Canadian population and
business environment in which the Canadian Chamber operates.
Therefore, the Canadian Chamber will seek to maintain a Board on which women represent at
least 40% of Directors, and to actively encourage the recruitment of Directors from diverse
categories, such as Indigenous peoples, visible minorities and those with disabilities.
Process
When assessing the Board and committee composition or identifying suitable candidates for
appointment or re-election to the Board, the Canadian Chamber will consider candidates on merit
against objective criteria having due regard to the benefits of diversity and the needs of the
Board.
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