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 the Trust in accordance with the Declaration of the Trust, applicable law and stock exchange rules and requirements. A Board Mandate has been adopted to help assure the Board that it has the necessary framework to review and evaluate the Trust's business operations, and to make decisions and arrive at conclusions that are independent of the Trust's Management. The Mandate is also intended to align the interests of Trustees and Management with those of the Trust's unitholders.
Audit Committee Charter
The Audit Committee assists CREIT's Board of Trustees in their oversight responsibilities. The Committee is guided by the Audit Committee Charter, whose scope includes, among other things, the integrity of the Trust's financial statements, compliance with legal and regulatory requirements related to financial reporting, performance of the auditor, as well as, environmental, insurance and other liability exposure issues.
Compensation AND Governance Committee Charter
The Compensation and Governance Committee assists CREIT's Board of Trustees in fulfilling its responsibilities with respect to compensating CREIT's Chief Executive Officer, identifying and recommending individuals qualified to serve as members of CREIT's Board of Trustees, reviewing and recommending Committee appointments, taking a leadership role in shaping the corporate governance structure, and performing other functions as necessary or appropriate.
Compensation and Governance Commitee Charter
Investment Committee Charter
The Investment Committee Charter provides a basis for the Investment Committee to discharge the Board's responsibilities relating to the management of the Trust's investment activities.
