Schools, hospitals, non-profits and government bodies no longer automatically disqualify IESO board candidates

Plain-language summary · AI-assisted

The regulation now carves out certain public-sector entities from the conflict-of-interest disqualification rules for IESO board directors. Previously, anyone who was a director, officer or employee of a broad range of energy-sector entities could not sit on the IESO board. Under the updated rules, that disqualification does not apply when the entity in question is a school board, publicly-assisted university, Ontario college, Indigenous Institute, public hospital, non-profit long-term care home, or a qualifying government organization (including municipalities and certain Crown-related bodies). The exception for government organizations does not apply if the organization's primary activity requires an energy licence or market-participant authorization. Organizations that fall into these newly exempted categories should be aware that their directors, officers and employees may now be eligible to serve on the IESO board, subject to the remaining conflict rules.

Who this affects
school boards and post-secondary institutions · public hospitals · non-profit long-term care homes · municipalities and municipal services corporations · government organizations with energy-sector involvement