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Members of Boards as classified by the Executive Council are entitled to receive honoraria in accordance with Financial Administration Manual (FAM) Directive 1818 - Honorariums (formerly FAM 810) at the following rates.

The Financial Management Board annually approves these rates and may adjust them as necessary. The following rates are effective May 1, 2006.

Advisory Board:

  1. up to $300 per day - chairperson,
  2. up to $250 per day - member, or
  3. 50% per half day (i.e., 3.5 hours) or less worked on business for a chairperson or member, for each day of meetings.

Regulatory or Complex Board:

  1. up to $400 per day - chairperson,
  2. up to $325 per day - member, or
  3. 50% per half day (i.e., 3.5 hours) or less worked on business for a chairperson or member, for each day of meetings.

Complex Commercial Board:

  1. up to $500 per day - chairperson,
  2. up to $400 per day - member, or
  3. 50% per half day (i.e., 3.5 hours) or less worked on business for a chairperson or member, for each day of meetings.