President’s Quarterly Progress Report: July – September 2011
The Board met for its annual meeting in Vancouver on June 8. Minutes of the meeting have been circulated. Since the Board received comprehensive updates on COL’s work in the 2010-2011 year at this meeting, a Quarterly Report for the period April through June 2011 was not necessary. This report therefore focuses on the first quarter of COL’s 2011-2012 financial year, from July to September 2011. Deloitte began COL’s annual audit in September where the audit will be completed by November. The next meeting of the Audit Committee is planned for November 23, 2011.