From discussions about CREB^®’s listing fee retirement and subsequent funding models to the new 2022-2025 strategic plan, there was no shortage of action at CREB^®’s board of directors meeting on June 9.

Board meeting highlights

Here are some highlights from the Board of Directors Meeting Report – June 9, 2021:

• The Audit, Finance & Risk Standing Committee will consider the impacts of the listing fee retirement and subsequent funding models with the key principles of value, consistency, sustainability, visibility, flexibility and simplicity guiding their work.
• Pillar 9™ and the ShowingTime™ task force team have reviewed showing solutions and have identified the top two. Demonstration presentations were scheduled and a final recommendation was shared.
• A new 2022-2025 Strategic Plan has been adopted in principle through a robust blend of member, staff, leadership and industry insight. Taking effect Jan. 1, 2022, the new plan will build on the advancements made in our current plan, define our organizational direction and renew CREB^®’s commitment to member value. Final wording will be developed over the summer, but the board’s desire for transparency encouraged member communications on strategies to:

• Ensure a safe, healthy, diverse and equitable environment for our people to thrive in.
• Launch directed advocacy to generate measurable benefits to members.
• Support the integrity of professional self-regulation.
• Move forward on the concept of One Alberta Membership for CREB^® members.

• As per CREB^®’s Principal Risks Policy 3.2.2, the CEO must provide the board with an annual Risks Summary Report outlining their assessment of the overall status of CREB^®’s risk capacity. The board will discuss this assessment and determine any additional principal risks and mitigation strategies that may be required.

Click here to read the full Board of Directors Meeting Report from June 9, 2021.

About CREB^® BOD meeting reports

In February 2020, the board of directors began generative discussions on how to best communicate topics being covered at the board table.

After a detailed review, the Governance Standing Committee made a recommendation to amend the CREB^® Governance Manual Policy 2.1.6 Board Meeting Policy to require the posting of a board meeting report. Now, following each board meeting, a meeting report will be shared with members that summarizes what was discussed.

Click here to view the Board of Directors Meeting Reports page on CREB^®Link.