The FFMC is managed by an eleven member board of directors composed of a Chairman, a President, one director for each participating province/Territories and four other directors. The Chairman and the President are appointed by the Governor‑in‑Council. The remaining directors are appointed by the Minister of Fisheries and Oceans with the approval of the Governor‑in‑Council. Directors from a participating province are appointed on the recommendation of the Lieutenant Governor in Council of the participating province.

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