How does Canadian Blood Services ensure it will have the resources it requires, when it requires them?
The Canadian Blood Services Board of Directors, in consultation with the Chief Executive Officer (CEO) and others, prepares a three-year business plan that is approved by the Members of the Canadian Blood Services Board of Directors. The plan includes an annual budget projection, performance objectives and plans for a contingency fund. As well, the CEO has the authority to make timely decisions, on the advice of the Committee, concerning the expenditure of funds for emergency situations where safety of the blood supply system is an issue.