Friday, November 29, 2024

Marketing board regulations undergoing update


 

The Ontario Farm Products Marketing Commission is in the process of updating a long list of regulations governing marketing boards.


The proposals are posted on the Ontario Regulatory Registry.


One change requires the boards to inform all members of an upcoming annual meeting or other producer meetings, to provide them with annual reports and statements of operations and finances.


It proposes to eliminate the requirement for board treasurers to be bonded and for boards to have a corporate seal.


Board meeting minutes would no longer need to be signed by the chair and secretary and boards would be free to establish their own rules about board minutes.


It all seems fine - until something goes wrong.