Role of the board of directors
17 (1) The board of directors is responsible for the governance of the Regulator and its governance functions include providing strategic direction and advice to the Regulator. The board of directors must not however give directions or provide advice with respect to any particular decision, order or recommendation that is made by the Commission or a commissioner. (2) The board of directors may make by-laws respecting the conduct of its meetings and the general conduct of its activities. (3) A majority of the directors holding office, including the Chairperson, constitutes a quorum of the board of directors.
Source
https://laws-lois.justice.gc.ca/eng/acts/C-15.1/section-17.htmlCanonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.