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At Arctic Glacier Income Fund, sound corporate governance has always been essential in developing investor confidence and increasing unitholder value. Transparency, sound corporate ethics and discipline ensure compliance with the changing regulatory environment and allow anticipation and implementation of best practices as they evolve. Our governance system defines fundamental relationships among members of the board of trustees, management, unitholders and other stakeholders. It defines the framework in which ethical values are established and the context in which corporate strategies and objectives are set. Our board is led by an independent chairman and experienced trustees, who give priority to strategic planning objectives, ensure corporate standards are implemented to guide ethical behavior throughout the organization, and continuously work to improve our governance practices. Our high standard of corporate governance ensures we retain the confidence of our unitholders and support the board’s ability to supervise management and enhance long term unitholder value. Canadian securities regulators have recently adopted revised corporate governance guidelines, audit committee rules and corporate governance disclosure rules. As new rules are implemented with respect to corporate governance, disclosure and responsibility, the Fund intends to continue to adopt best practices in such areas as they may develop. A detailed description of our corporate governance practices, including disclosure required by the disclosure rules, are provided in the most recent Management Information Circular available on this website. More details regarding corporate governance at Arctic Glacier Income Fund can be found in the following documents:
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