Board of Trustees and Committees
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To effectively discharge its responsibilities, the Board of Trustees has determined that there should be three Board Committees:
  • the Audit Committee;
  • the Compensation and Governance Committee; and
  • the Investment Committee.

Each committee operates according to a Board-approved written Charter which outlines its duties and responsibilities.

Board of Trustees Mandate

The Board of Trustees has a responsibility to Unitholders to oversee the management of the business and affairs of CREIT in accordance with the Declaration of the Trust, applicable law and stock exchange rules and requirements. A Board Mandate has been adopted to help ensure the Board that it has the necessary framework to review and evaluate CREIT's business operations, and to make decisions and arrive at conclusions that are independent of CREIT's Management. The Mandate is also intended to align the interests of Trustees and Management with those of the Trust's Unitholders.

Title Date Format
Board Mandate 2/8/2017
Expand All
By CommitteeBy Member
Member Name
John A. Brough
Committee Name
The Audit Committee
The Investment Committee
View Bio
John A. Brough, CPA,CA
Age: 70
Trustee Since: 2008

Independent
Mr. Brough is a member of the:

Audit Committee (CC)
Investment Committee
Mr. Brough is currently a Corporate Director for a number of public companies.

From 1998 to 2007, Mr. Brough was the President of Wittington Properties Limited (Canada), a company which develops condominiums and manages office assets in the Greater Toronto Area. Mr. Brough was also the President of Torwest Inc. (United States), a company which is responsible for the real estate business assets of the Weston family in the USA.
Other public board memberships include First National Financial Corporation, Kinross Gold Corporation, Transglobe Apartment REIT and Silver Wheaton Corp.
Anthony S. Fell
Committee Name
The Audit Committee
The Compensation and Governance Committee
View Bio
Anthony S. Fell, O.C.
Age: 78
Trustee Since: 2014

Independent
Mr. Fell is a member of the:

Audit Committee
Compensation & Governance Committee
Mr. Fell is currently a Corporate Director.

Mr. Fell is a former Chairman of RBC Capital Markets, former Chairman and CEO of RBC Dominion Securities Inc. and a former Deputy Chairman of Royal Bank of Canada.
Other public board memberships include BCE Inc.
Karen A. Kinsley
Committee Name
The Audit Committee
The Investment Committee
View Bio
Karen A. Kinsley, FCPA, FCA, ICD.D
Age: 60
Trustee Since: 2017

Independent
Ms. Kinsley is a member of the:

Audit Committee
Investment Committee
Ms. Kinsley is currently a Corporate Director. She is a member of various Board Committees including Audit, Risk and Human Resources Committees.

From 2003 to 2013, Ms. Kinsley was the President and CEO of the Canada Mortgage and Housing Corporation (“CMHC”).
Ms. Kinsley is a fellow of the Chartered Professional Accountants of Ontario and has received the Certified Director designation (ICD.D) from the Institute of Corporate Directors.

R. Michael Latimer
Committee Name
The Compensation and Governance Committee
The Investment Committee
View Bio
R. Michael Latimer
Age: 65
Trustee Since: 2016

Independent
Mr. Latimer is a member of the:

Compensation & Governance Committee
Investment Committee (CC)
Mr. Latimer is the President and Chief Executive Officer of OMERS, a pension plan providing defined pension benefits to local government employees, retirees and beneficiaries in Ontario. Mr. Latimer was previously the CIO of OMERS where he oversaw the strategic, operational and financial leadership of the investment activities at OMERS. Prior to joining OMERS, Mr. Latimer was responsible for Oxford Properties Group, a wholly owned real estate entity of OMERS.

Dale R. Ponder
Committee Name
The Compensation and Governance Committee
The Investment Committee
View Bio
Dale R. Ponder
Age: 60
Trustee Since: 2016

Independent
Ms. Ponder is a member of the:

Compensation & Governance Committee (CC)
Investment Committee
Ms. Ponder is the Chief Executive and Managing Partner of Osler, Hoskin and Harcourt LLP ('Osler LLP'). Her practice experience as a Partner of Osler LLP focused on mergers and acquisitions, securities regulation and corporate governance. As a senior member of Osler LLP's mergers and acquisitions practice, Ms. Ponder has had extensive experience in leading transactions in the public and private space and advising boards of public companies.


CHAIRPERSON = CHAIRPERSON

The Board is comprised of members, who collectively, have the skill set as shown below:
Trustee Real Estate Accounting Legal and Governance Business Leadership
John A. Brough X X X
Anthony S. Fell   X
Stephen E. Johnson X X
Karen A. Kinsley X X X
R. Michael Latimer X X
W. Reay Mackay X X
Dale R. Ponder X X

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