Government of Canada / Gouvernement du Canada
Symbol of the Government of Canada


Canada Mortgage and Housing Corporation Act

Version of section 7 from 2002-12-31 to 2012-03-15:

Marginal note:Appointment of President

  •  (1) The President shall be appointed by the Governor in Council to hold office during pleasure for such term as the Governor in Council considers appropriate.

  • Marginal note:Salary of President

    (2) The Governor in Council shall fix the salary of the President.

  • Marginal note:Appointment and salary of Vice-Presidents

    (3) The Board, with the approval of the Governor in Council, shall appoint three Vice-Presidents and fix their salaries.

  • Marginal note:Term of office of Vice-Presidents

    (4) The Vice-Presidents hold office during good behaviour for a term of seven years but are removable by the Governor in Council, on a resolution of the Board, for incapacity or for other cause.

  • Marginal note:Re-appointment

    (5) The President and Vice-Presidents on the expiration of their terms of office may, if eligible, be re-appointed.

  • R.S., 1985, c. C-7, s. 7
  • R.S., 1985, c. 1 (4th Supp.), ss. 44(E), 45(F)
  • 1999, c. 27, s. 26

Date modified: