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and the University Member’s or Closely Associated Person’s personal, financial or other
interests.
• the University Member or Closely Associated Person obtains a financial interest or
position of influence in a Business connected to the University Member or Closely
Associated Person with which The University has an existing relationship.
Conflict of Interest in Research: Conflict of Interest as it relates, directly or indirectly, to any
Research activities, projects or programs of, or affiliated with, The University. (Also see
examples of Conflicts of Interest in Research in Appendix 1).
Disclosure: Provision of full particulars of the matter giving rise to and the nature of the Conflict
of Interest.
Business: Any corporation, partnership, sole proprietorship, firm, franchise, association,
organization, holding company, joint stock company, business or real estate trust or society, or
any other separate legal entity organized, whether for profit, non-for-profit or charitable
purposes.
External Sponsors: Bodies and individuals external to The University, including but not limited
to, the Federal Granting Agencies (NSERC, SSHRC and CIHR), other federal and provincial
government funding agencies (e.g. ACOA, CRC, CFI, NSHRF), federal, provincial and
municipal government departments, federal and provincial crown corporations, non-
governmental organizations, research foundations, philanthropic organizations, private-sector
companies, industry associations and private citizens which provides funding for Research
carried out by University Members.
Financial Interest: An interest in a Business consisting of (a) any stock, stock option or similar
ownership interest, but excluding any interest arising solely by reason of investment in such
business by a mutual fund, pension fund, or other institutional investment fund over which the
university member does not exercise control; or (b) receipt of, or the right or expectation to
receive, any income, participation in or benefit from such Business or elsewhere whether in the
form of a fee (e.g. consulting), business, salary, allowance, forbearance, forgiveness, interest in
real or personal property, dividend, royalty derived from the licensing of technology, rent, capital
gain, real or personal property, or any other form of compensation, or any combination of the
foregoing;
Personal Interests: The personal, private, or Financial Interest of a University Member or
Closely Associated Person. These can include interests which are not directly monetary in
nature.
Person(s) in Authority: The person overseeing and/or responsible for a decision, process or
activity related to or involving Research at The University. A Person in Authority can be, but is
not limited to, a Committee Chair, a Department Chair, a Dean, a Vice-President or the
President.
Research: All studies, investigations, and scholarly activity of a basic, applied or
commercialization nature whether funded from within The University, by External Sponsors or
self-funded, and the direct or in-direct support of the same, that are conducted by University
Members under the auspices of The University.
The University: Saint Mary’s University as an institution and all its constituent University
Members, including entities partially owned or controlled by The University.