Nav Canada - Corporate Governance

Corporate Governance

As a non-share capital corporation, Nav Canada has no shareholders. The company is governed by a 15 member board of directors representing the four stakeholder groups that founded Nav Canada. The four stakeholders appoint 10 members as follows:

Air carriers 4
General and business aviation 1
Federal government 3
Bargaining agents (unions) 2

These 10 directors then elect four independent directors, with no ties to the stakeholder groups. Those 14 directors then appoint the president and chief executive officer who becomes the 15th board member.

This structure ensures that the interests of individual stakeholders do not predominate and no member group could exert undue influence over the remainder of the board. To further ensure that the interests of Nav Canada are served, these board members cannot be active employees or members of airlines, unions, or government.

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