Notes to Financial Statements

Note 1: Ontario College of Teachers’ mandate

The Ontario College of Teachers (the College) was established by an Act of the Ontario Legislature proclaimed on July 5, 1996.

The College is an independent, self-regulating professional body with authority to license and regulate the practice of teaching in Ontario.

The affairs of the College are managed and administered by a Council comprised of 37 members, of whom 23 are elected by the membership and 14 are appointed by the Lieutenant-Governor-in-Council.