OPEN SESSION MEETING AGENDA FRIDAY, APRIL 20, 2018 9:00 am University of Guelph | The Arboretum [College Avenue East, near Victoria Rd] Page Meeting Information Teleconference details are included on the closed session agenda. 3 List of Attendees 5-14 Board Membership 1. Welcome, Approval of Agenda and Minutes 15 a) Approval of Agenda [Motion] 17-25 b) Minutes of January 23, 2018 [Motion] 2. President's Report 27 a) Report on University Activities [Addenda] b) Faculty Appointments 3. Audit & Risk Committee Report 29-30 a) Report from Committee Chair 4. Finance Committee Report 31 a) Report from Committee Chair 33-42 b) 2018-19 University Centre Operating Budget [Motion] 43-52 c) 2018-19 University of Guelph-Humber Budget [Motion] 53-113 d) 2018-19 University of Guelph Budget [Motion] 115-138 e) Report on Student Aid and Accessibility 139 f) Update on Special Action Request for Fossil Fuel Divestment 5. Governance & Human Resources Committee Report 141 a) Report from Committee Chair 143-144 b) 2018 Elections & Appointment of Students, Staff and Faculty [Motions] 145 c) Update on Board Governance Review 147-155 d) President's Annual Performance Review: Process for 2017-18 6. Pensions Committee Report Page 1 of 220 Board of Governors Open Session Meeting Agenda April 20, 2018 Page 6. Pensions Committee Report 157 a) Report from Committee Chair 159-183 b) Annual Review of Statement of Investment Policies & Procedures (SIPP) [Motion] 185-201 c) Negotiated Text Amendments to Pension Plans [Motion] 203 d) Update on University Pensions Project 7. Physical Resources & Property Committee Report 205 a) Report from Committee Chair 8. Board of Trustees Report 207 a) Report from the Chair 9. Move to Closed Session 209 a) Adjourn Open Session and Move into Closed Session [Motion] 10. Addenda Items 211-220 a) 2a) Report on University Activities Next Board of Governors Meeting: Friday, June 8, 2018 to be held at University of Guelph-Humber Page 2 of 220 Attendees for Friday, April 20, 2018 Board meeting1 Board Members Guests Kevin Golding (Chair) Daniel Atlin (VP External) Shauneen Bruder (Vice-Chair) Annette Blok (University Secretariat-Administrative Officer) Paul Gallagher (Vice-Chair) Malcolm Campbell (VP Research) Franco Vaccarino (President) Ted Cogan (University Secretariat-Special Projects Assistant) Rich Appiah Ben Doadt (Associate University Secretary, Board) Carolyn Augusta Jackie Gillis (Minute Taker) Graham Badun Martha Harley (AVP Human Resources) Gerrit Bos Philip John (Director, University Centre) Nancy Brown Andison Virginia McLaughlin (BOT Chair) [via teleconference] Nancy Croitoru Karen Menard (AVP Institutional Analysis and Research) Mary Deacon Mary Murphy (University Legal Counsel) Lindsey Fletcher Don O’Leary (VP Finance, Administration & Risk) Eleanor Fritz Aidan Paskinov (University Centre Board Chair) Paul Gibson John Walsh (Vice-Provost Guelph-Humber) Sally Hickson Sarah Willey-Thomas (Associate University Secretary, Senate) Bill Hogarth Charlotte Yates (Provost & VP Academic) Andrew Kuttain Andrew Marsh Coral Murrant Prashant Pathak Byron Sheldrick Irene Thompson Gen Gauthier-Chalifour (University Secretary) Regrets Visitors Martha Billes (Chancellor) Janice Folk-Dawson Neil Parkinson Laura Maclure Nicholas Manuel Joe Rooyakkers 1 As of April 12, 2018 N:\BOG\BOG Meetings\2017-2018\5. April 20, 2018\Meeting Logistics, Attendance, Planning, Corres\Attendees - Open Session.docx List of Attendees Page 3 of 220 Page 4 of 220 Board Membership BOARD OF GOVERNORS (BOG): 2017-18 Member Listing Kevin Golding Mr. Kevin Golding is the President of KPLG Advisory Services Inc. and formerly a senior executive with Maple Board of Governors Leaf Foods. He was appointed chair of the Board of Governors as of July 1, 2015, and his second two-year Chair term will conclude on June 30, 2019. Mr. Golding was first appointed to the Board of Governors in 2008, and in 2014 became vice-chair of the board. He has previously served as chair of the Board’s Governance & Human Resources Committee, and the Physical Resources and Property Committee. In 2012, he chaired the Campus Master Plan Steering Committee which led a major initiative to update and revise the University of Guelph’s Campus Master Plan. The updated plan has received a prestigious Ontario Professional Planners Institute award for excellence in planning achievement. In his previous 34-year career with Maple Leaf Foods, was also president of Rothsay, a rendering and biofuels business, and president of Maple Leaf Agri Farms, with locations across Canada. Kevin holds a Bachelor of Commerce degree from McMaster University. A long-time resident of Guelph, he is also the current chair of the board of BIOX Corporation (a bio-fuels company). Richard Appiah Rich Appiah is a lawyer and the principal of Appiah Law | Employment + Labour Counsel. He provides expert Board/Alumni strategic counsel and legal representation in the area of human resources law to small and enterprise-scale businesses, as well as to managers and senior executives. He has published extensively in the area of employment law and has presented at numerous conferences for human resources and legal professionals. In 2016, he was recognized as a "Lawyer to Watch" by Lexpert Magazine, and in 2017 he was elected to the executive of the Ontario Bar Association's Employment and Labour Section. Rich studied at the University of Guelph as a President’s Scholar and completed his Honours Bachelor of Arts degree in 2002 with the prize in Political Science and the Brian D. Sullivan Award for student leadership. He then attended Osgoode Hall Law School, where he was a division leader for the school's legal clinic and president of the school's student union. He graduated from Osgoode with a Bachelor of Laws degree in 2005. Page 5 of 220 Rich is the former president of Delisle Youth Services (now Skylark Children, Youth and Families), an outstanding agency that supports young people through numerous mental health and developmental services programs. He is currently Vice Chair of the Board of Directors of The STEPS Initiative, an award-winning public arts organization that builds the capacity of citizens to create more vibrant and connected communities. Board Membership BOARD OF GOVERNORS (BOG): 2017-18 Member Listing Carolyn Augusta Carolyn Augusta is a doctoral candidate in Applied Statistics. Her research focuses on applications of machine Student learning to infectious disease epidemiology. For the past tow years, Carolyn has been a Co-Chair of the Student Senate Caucus and has served on numerous Senate committees. Last year, Carolyn also took on the role of Vice-President Internal of the Graduate Students’ Association, and has represented students on various committees in the Department of Mathematics & Statistics. Last year she was the main organizer for a provincial graduate student mathematics and statistics conference. Carolyn is passionate about teaching, and taught her first undergraduate statistics course at the University of Guelph in Summer 2017. Carolyn received her Bachelor of Mathematics degree from the University of Waterloo and her Master of Science degree in Applied Statistics from the University of Guelph. Graham Badun Graham Badun is currently President and Chief Executive Officer of AlarmForce, a security alarm monitoring Board company with branches throughout Canada. Graham was the founder of Westport Partners, a Toronto-based advisory firm focused on the real estate services sector in North America. Prior to starting Westport, Graham was Group Chief Executive Officer of Brookfield Residential Property Services, a division of Brookfield Asset Management where he worked from 1998 until 2012. Graham received his BA in Political Studies at Queens University, and an MBA from Ivey Business School, Western University. Dr. Martha Billes Dr. Martha Billes has been a director of Canadian Tire Corporation since 1980 and the controlling shareholder Chancellor since 1997. She began her career in consumer product research and development with Lever Brothers and Board/Alumni later worked with the Ontario Research Foundation. She joined the board of Canadian Tire in 1980, taking up the seat previously occupied by her father, A.J. Billes, the company’s co-founder. Dr. Billes is also the founder of Canadian Tire Jumpstart Charities, a nationwide foundation dedicated to providing access to sport and activities to disadvantaged young people across Canada. Known for its high degree of leadership in community-based philanthropy, Jumpstart distributes $22 million annually; in 2016, it helped more than 220,000 Canadian children. Page 6 of 220 Past service includes the board of the Sunnybrook Foundation, the dean’s advisory boards of Auburn University Social Services Faculty and the Ryerson University Faculty of Business. She is also a former trustee of the Calgary Women’s Shelter Endowment Fund and a director of the Toronto Organizing Committee of the 2015 Pan American Games, and is Honorary Consul Emeritus, Calgary, for the Republic of Chile. She is the recipient of the Calgary Mayor’s Award and the Ontario Citation as a leader in philanthropy. Dr. Billes was awarded an honorary doctor of laws degree from the University of Guelph in 2013, and also received an Honorary doctor of commerce from Ryerson in 2002. On April 4, 2017, Senate elected Dr. Martha Billes as the ninth Chancellor of the University of Guelph. Board Membership BOARD OF GOVERNORS (BOG): 2017-18 Member Listing Gerrit Bos Gerrit Bos is a staff-elected member of the Board of Governors. He has been on campus since 1980 – including Staff his time as a student graduating with a B.Sc in Engineering in 1987, and then almost 30 years as an employee of the University of Guelph. He served as a Staff-Alumnus representative on the Board of Governors from 1995-2000, and as a member of the executive of the Professional Staff Association from 1993 to 1995. In 2014, Gerrit graduated with an M.A. (Leadership) from the University of Guelph. Currently Gerrit is the Information Technology Security Officer, in the Office of the Chief Information Officer.