The Clarion Hotel & Suites will play host to the second annual Vintage Toy & Collectibles Show this Sunday, October the 15th. Organizer Darcelle White tells bdnmb.ca that this year she has 48 tables confirmed, up from 23 last year. Vendors will be coming from all over the province including Winnipeg, Souris, Brandon, Portage, and Morden. Items for sale include brand names like Tonka, Barbie, Fisher Price, G.I. Joe, Disney and others. In addition to the vintage toys vendors will be carrying many other items including antiques, sports cards, comic books, vinyl records and coin & paper money. Admission is free and the show runs from 10:00 am to 3:00 pm.  Check out their Facebook event page for more details.

Here are a series of photos local photographer Caley Brown took around Brandon today right after supper when the storm hit.

Brandon’s Victoria Wilke could soon have a life changing event as the Crocus Plains graduate is in Toronto competing in the Miss Universe Canada contest. Wilke, who has recently moved to Alberta, will compete with 71 others from across Canada and the event will wrap up October 7th. Victoria has only been actively modelling for the last 7 months, as she felt like she needed to get out of her “comfort zone”. The entire modelling process has been odd at times for Wilke.  “It’s funny because I’ll be walking in heels in the garage and then there is a giant tractor in my way”. For more information on the Miss Universe Canada pageant, please visit missuniversecanada.ca.

If you’ve been on a board in the past or if you’ve been recently invited to sit on a board, it is natural to be a little apprehensive. One of the first questions that many people will ask is ‘how much of my time will be required?’ While ensuring you have enough time to dedicate to being a volunteer on a board is important, it’s equally as important to understand what the basic duties are. This is aside, of course from actually attending the meetings! In our last article, we discussed the responsibility of fiduciary duty, but another basic duty that board members are required to fulfil is the duty of care. The duty of care relates to the directors’ responsibility to exercise the care, diligence and skill that a reasonable person would exercise in comparable circumstances. If you are like me, you likely had to read that sentence over a couple of times to really grasp the meaning behind duty of care. In short, it basically means that as long as the director or board member takes the time to read the material presented and make a reasonable decision on the information presented, they have met their duty of care. This is generally what directors or officers insurance is covering directors for. There are very few instances in Canada where courts have ruled that boards have failed to meet their responsibility to the court in relation to duty of care. In addition, the primary focus of a board is to supervise the management team, and they can do this by reviewing information and asking a lot of questions. For example, it is appropriate to ask questions regarding the budget or financial statements. It is the management’s role to develop and execute a strategy that has been approved by the board of directors. However, once the board becomes involved in executing strategy, the liability related to those decisions rests with the board, rather than with management. It’s important to keep in mind that if you ever find yourself in a situation where you feel there is a conflict of interest, please seek independent legal counsel or disclose the potential conflict and remove yourself from the discussion and the decision. There is a lot of information available regarding board governance. A good resource for condominium board training is the Canadian Condominium Institute (Manitoba Chapter). In addition, the Institute of Corporate Directors (Manitoba Chapter) provides courses applicable to for profit and non-profit corporations for Directors. Staying informed and up-to-date can make a big difference to how your board functions and to how successful you feel in fulfilling your role as a director.

Some may refer to it as fall, others may call it as the season of meetings! As many organizations break for the summer, activities get back into full swing as the leaves start to fall from the trees. This is also true when it comes to condominium boards. The next couple of months are often laden with annual general meetings and we often find ourselves dusting off our board meeting binders. As many of us have agreed and volunteered to commit this year to a board or organization, it is important to remind ourselves of the responsibilities that go along with serving on a board of directors. When it comes to condominium or not-for-profit boards, there are two distinct basic duties that board members are tasked with: fiduciary duty and the duty of care. Fiduciary duty requires a director to act honestly, in good faith and in the best interest of the corporation. Included in this duty is disclosing any potential conflicts of interest to the board of directors and not voting or being present during discussions when a conflict does exist. Fiduciary duty also includes the duty of confidentiality. This prevents the director from disclosing confidential information to others who could potentially benefit from the private information. In Canada, it is important to remember that your duty as a director is to the corporation, which doesn’t always align with the condominium owners in the case of a condominium corporation. This is much different from the United States where the duty is owed to the shareholders. It is important and interesting to note that most directors/officers insurance policies do not cover a director in cases where they have failed to meet the fiduciary duty owed to the corporation. In fact, there have been some highly documented cases of directors on condominium boards in Ontario being sued for failing to meet their fiduciary duty to the corporation. http://www.cbc.ca/news/canada/toronto/condo-boards-toronto-1.4113053 While being reminded of these duties is not meant to be a deterrence to offering your valuable time to sit on a condominium board, the intent is inform and educate you so that you can perform your board duties with the utmost of confidence. In our next article, we’ll continue the discussion on basic duties of board members and share more details on the duty of care. Stay tuned.