Chair: | Adele Imrie
|
Committee Secretary: | Sonia Fung
416-981-4286
Sonia.Fung@torontohousing.ca
|
Members:
| Nick Macrae (Vice-Chair) Councillor
Vincent Crisanti
John Campbell
Naram Mansour
Brian Smith
Mohammed Mominul Haque
Chair of the Board (voting ex-officio member) |
Executive leads:
| Lily Chen, Chief Financial Officer and Treasurer
Jessica Hawes, Acting
Chief Development Officer
Allen Murray, Vice President, Facilities Management
|
Mandate:
The Building Investment, Finance and Audit Committee (BIFAC) is established as a committee of the Board of Directors of Toronto Community Housing to assist the Board in fulfilling its responsibilities in respect of:
- Capital Funds and investments (with an Advisory Committee, if needed)
- Capital projects, real property and building revitalization
- Building state of repair and environmental sustainability
- Budget, Financial Reporting and Financial Statements
- Internal Audit, Accounting Systems and Internal Controls
- External Audits
- Financial Compliance
- Financial and Fraud Risk
- Information Technology
- Oversight of Internal Audit
- Enterprise Risk Management
- Delegated Financial Authority: $5 million
Investment Advisory Committee:
Members
The Investment Advisory Committee (IAC) is established as an advisory committee to the Building Investment, Finance and Audit Committee. The purpose of the Investment Advisory Committee is to assist the Building Investment, Finance and Audit Committee in fulfilling its responsibilities in respect of Capital Funds and Investments. Read the
Investment Advisory Committee Charter (PDF).
Meeting frequency:
The BIFAC meets at least quarterly.
Both the BIFAC and the IAC convene such additional meetings as may be required.
The IAC meets at least twice a year
Notice of appointment:
Toronto Community Housing's (TCHC) Building Investment, Finance and Audit Committee has confirmed the appointment of two new members to its Investment Advisory Committee. Jing Lu and Martha Tredgett, who assumed their roles on September 2, 2021.
Ms. Lu and Ms. Tredgett have joined Committee Chair Nick Macrae, TCHC President and CEO Jag Sharma and Board members Adele Imrie and Martin Willschick on the Investment Advisory Committee.
Board meetings:
Visit the event calendar to see upcoming committee meetings.
