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Accountability for the Ontario Immigrant Investment Corporation

The Ontario Immigrant Investment Corporation was formed due to the requirements of the Federal Immigration Act to function as an "approved fund" under the Immigrant Investor Program.

The members of the corporation form and are its board of directors. The corporation is composed of a minimum of three members appointed by the Lieutenant Governor in Council, who designates one of the members as chair and one as vice-chair of the board of directors.

Under the Agencies and Appointments Directive and the Travel, Meal and Hospitality Expenses Directive, provincial agencies are required to post their governance documents. These include business plans, annual reports and expense information for designated individuals.

Individuals at provincial agencies can claim and be reimbursed for necessary travel, meal and hospitality expenses they pay for during the course of ordinary work. They need to follow strict rules, outlining what can be repaid with public funds and what maximum amounts can be claimed. All claims must include original receipts.

Ontario Immigrant Investment Corporation Business Plan
The Ontario Immigrant Investment Corporation Business Plan includes an overview of the agency and its strategic directions for a -three-year or longer period.

Ontario Immigrant Investment Corporation Annual Report
The Ontario Immigrant Investment Corporation Annual Report describes agency activities and performance analysis for the year.

Ontario Immigrant Investment Corporation Memorandum of Understanding
The Ontario Immigrant Investment Corporation Memorandum of Understanding is the formal agreement between the agency and the responsible Minister that sets out roles and responsibilities for the agency and Ministry.

Ontario Immigrant Investment Corporation Expense Information
The Ontario Immigrant Investment Corporation does not incur travel, meal or hospitality expenses as they are not needed to fulfil the mandate of the agency.