| This newsletter is sponsored by: |
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Dear Members:
Last month I reported that I had attended the Montreal and Winnipeg Chapters of FEI Canada. This month I was fortunate to attend the Calgary Chapter meeting and dinner. It was exciting to learn of their new mentoring program and new career services program. I must say that the more time I spend with the Chapters and listen to their ideas for new programs and services the more I know that the Chapters are the lifeblood of FEI Canada.
Here at FEI National office things are also very busy. On April 18th we, along with PriceWaterhouseCoopers and The Caldwell Partners will be hosting the 5th Annual CFOY gala. If you haven't already purchased your tickets, I urge you to do so immediately by contacting Sharon Gareau at (416) 366-3007 ex 5116. It promises to be a sold out event. Our breakfast seminars are also becoming consistently sold out events. Details of the next two breakfast sessions can be found in this newsletter as well as the FEI Canada website. Lastly, I'd be remiss if I didn't mention the rapidly approaching FEI Canada Conference which is being held from June 6-8 in Halifax. I hope to see many of you at one or all of these events.
Sincerely,
Isabel Meharry
President and Chief Executive Officer
Financial Executives International, Canada
FEI Canada News
Upcoming Events
Sponsored by 
MI 52-109: Summarizing the Internal Control Rules and What They Mean to You
| Agenda: | |
| 7:30-8:00am | Registration & Breakfast |
| 8:00-9:30am | Presentation & Q&A |
REGISTER NOW for our next National Breakfast Seminar series, PricewaterhouseCoopers (PwC) and the chief accountant of the respective provincial securities commission, will summarize the expanded Multilateral Instrument 52-109 (MI 52-109) rules. Since MI 52-109 will be released at the end of March, this timely and informative session will provide greater clarity on why they are being introduced and how they will affect you when reporting on the effectiveness of your internal controls over financial reporting.
Attend this timely and informative session to learn what your options are when implementing an internal control evaluation strategy, and to pose questions to the experts regarding how the changes will impact CFOs.
FEI Canada members plus guests – No charge, Non members - $ 60.00 CAN (plus GST)
| Montreal | – | April 11 |
| Toronto | – | April 12 |
| Vancouver | – | April 17 |
| Calgary | – | April 18 |
| Edmonton | – | April 19 |
| CFO Peer Forum: Managing Your IT Investments |  |
April 19th, 2007
Room 17, Vancouver Convention & Exhibition Centre (999 Canada Place)
3:30pm-5:00pm (Wine & Cheese to follow)
Please join IBM Canada Ltd. for an afternoon session with the acclaimed author, Nicholas Carr. A former executive editor of the Harvard Business Review, Nicholas Carr is an acclaimed business writer and speaker whose work centres on strategy, innovation, and technology. His 2004 book Does IT Matter? Information Technology and the Corrosion of Competitive Advantage set off a worldwide debate about the role of computers in business. According to the Chicago Sun-Times, “Carr is…single-handedly reshaping the way the business world thinks about information technology.”
In addition to Nicholas Carr, this event will also feature presentations from Bud Burrell (Global Services Delivery Manager, Fluor Canada) who will discuss the financial impact of Fluor's IT strategy, and Brent Henderson (IBM) who will discuss a research paper on the “Business Impact of Outsourcing”. There will also be an interactive panel discussion and a wine & cheese networking reception opportunity following the event.
TO REGISTER: www.ibm.com/events/ca
| Canada's CFO of the Year™ Award, 2007 |  |
Marvin Romanow Named Canada's CFO of the Year
Marvin Romanow, Executive Vice-President and Chief Financial Officer of Nexen Inc. has been named Canada's CFO of the Year for 2007. A long-time member of FEI Canada, Mr. Romanow will be honoured at a black tie Gala Dinner on April 18th at the Fairmont Royal York in Toronto.
Financial Executives International Canada, PricewaterhouseCoopers LLP, and The Caldwell Partners invite you to join them on April 18th as we gather to celebrate excellence in the finance profession. Limited tickets are still available. The Gala Dinner has been a sold out event every year since we began in 2003, and is attended by senior business executives from many of Canada's leading organizations. The 2007 dinner promises to be an exceptional evening.
Canada's CFO of the Year Award honours a senior financial leader who has made a significant contribution to business in Canada with quality, insight and direction. Founded in 2003, the program is a celebration of individual achievement and collective contribution. It aims to further public understanding of the important role CFOs play in the stewardship of a business and in reinforcing public trust. Additional information on this award can be found on www.cfoy.ca .
In 2006, members of FEI Canada were joined by more than 650 guests as we honoured Karen Maidment, Chief Financial & Administrative Officer, BMO Financial Group, as Canada's CFO of the Year for 2006. Past winners also include: Claude Mongeau, Executive Vice-President and Chief Financial Officer, CN, Peter Rubenovitch, Senior Executive Vice President and Chief Financial Officer, Manulife Financial Group and Peter W. Currie, former Vice-Chairman and Chief Financial Officer, RBC Financial Group
We expect a sell out crowd once again at this year's dinner so don't delay! Please contact Sharon Gareau at 416-366-3007 ext. 5116 or sgareau@feicanada.org.
Sponsored by 
The Impact of Changing Workforce Demographics on the Post-Reform Accounting Landscape
REGISTER NOW for our next National Breakfast Seminars series in May. This decade's corporate governance and accounting reforms have raised the stakes for organizations of all sizes. The manner in which companies conduct and report business activities is under unprecedented scrutiny, and their credibility with stakeholders is determined to a greater degree than ever before by the quality and expertise of their financial professionals. At the same time that organizations have a growing need for the services of these individuals, demographic and economic trends are reshaping the accounting, finance and audit workforce in fundamental ways. This presentation will include a high-level discussion on the impact of changing workforce demographics on the post-reform accounting landscape, including the state of the accounting, finance and audit professions, preparing tomorrow's workforce, and recruiting and retention.
| Montreal | – | May 23 |
| Quebec City | – | May 24 |
| Vancouver | – | May 29 |
| Winnipeg | – | May 29 |
| Calgary | – | May 30 |
| Edmonton | – | May 31 |
| Toronto | – | May 31 |
Halifax 2007 - FEI Canada Conference
Register now to take advantage of our early bird rates. All participants registering by April 30, 2007 also qualify for the early bird draw of a Hewlett Packard laptop.
Today's business world is much like turbulent waters. To navigate successfully, you need to chart a new course as the sea changes. That's why so many senior financial executives look to FEI Canada to help them navigate the many complex issues we face everyday. FEI Canada's 2007 Conference is a must-attend event for senior financial executives.
Featuring over 40 speakers on a wide range of finance topics, the conference will provide a comprehensive update on the issues and developments facing CFOs. (Conference sessions are eligible for up to 11 hours of continuing education credits.) In addition to outstanding educational content, you can look forward to a multitude of networking and recreational activities. Featured speakers include:
- Frank McKenna, Deputy Chair, TD Bank Financial Group
- Karen Maidment, Chief Financial and Administrative Officer, BMO Financial Group, Canada's CFO of the Year™ for 2006
- Annette Verschuren, President, The Home Depot Canada and Asia
- Dan Fortin, President, IBM Canada Ltd.
- John Risley, President & CEO, Clearwater Fine Foods Inc., Chairman, Clearwater Seafoods Limited Partnership
For further details on the conference, please click here.
FEI's Summit 2007
May 20-22, Hynes Convention Center, Boston, MA
The Summit will address emerging issues and best practices, focusing on topics of critical concern such as technology, leadership, corporate governance, financial reporting and corporate espionage.
Keynote speakers include:
- Frank Abagnale, Con Man Turned FBI Instructor
- Sharon L. Allen, Chairman of the Board, Deloitte & Touche, USA
- Doris Kearns Goodwin, Presidential Historian
For more information, go here.
| Canadian Financial Executives Research Foundation (CFERF) |  |
The Canadian Financial Executives Research Foundation (CFERF) is a non-profit, tax exempt organization, founded in 2006. We are the research arm of the Financial Executives International Canada (FEIC) www.feicanada.org. CFERF's mission is to advance the profession and the practices of Canadian financial management through research by supporting the Canadian academic community and others through directed and unsolicited RFPs.
The Canadian Financial Executives Research Foundation (CFERF) is a non-profit, tax exempt organization, founded in 2006. We are the research arm of the Financial Executives International Canada (FEIC) www.feicanada.org. CFERF's mission is to advance the profession and the practices of Canadian financial management through research by supporting the Canadian academic community and others through directed and unsolicited RFPs.
CFERF - it's worth repeating.
for more information on research opportunities please visit www.feicanada.org/cferf/ or contact:
Heather Bell,
Executive Director, CFERF
at hbell@feicanada.org
CFO TV – programming schedule
- The Agile CFO: Supporting the CEO's Innovation Agenda
- Being the Best: Insights from Leading Finance Functions
- Say Goodbye to Canadian GAAP: Update on the Adoption of IFRS in Canada
- Pension Risk: The Link Between HR and Finance
- The First Value Added Tax Rate Change
- Workforce Effectiveness - The Role of the Finance Function
- The Changing Canadian M&A Market
- Income Trusts in Canada - A Corporate Finance Perspective
- FEI Canada Toronto Chapter - CEO Night
- The CFO's Accountability for Risk
- IT Fraud and the Finance Function
- Succeeding at C Level
- Future of Corporate Taxation in Canada
- North American Rendezvous Conference 2005 Session Videos
- North American Rendezvous Conference 2005 Expert Interviews
- Understanding 52-111
- Managing Pension Risk
- 2005 CFOY™ Award Gala Interviews
Please note that attendance at FEI Breakfast Seminars and our Annual Conference qualifies for Continuing Professional Development credits.
Membership Services
The Economics of Affinity
The Member Value Program (MVP) is reborn as “The Affinity Centre”.
Access to discounts on products and services available to members can be decisive in the member's decision to join FEI Canada or renew their membership. It is the economic side of your membership.
With opportunities to save money on things like special rates from thePersonal on home & auto insurance, discounted Blue Jays tickets and special offers from the Ottawa Senators, your membership brings value on a personal level. We have also highlighted those programs available through FEI US including Hertz, AVIS and Starwood Hotels.
As we add partners in the coming months, some will benefit you and some will benefit your company, like the discounted price on Toronto Board of Trade memberships. This will become a strong argument in favour of a company paying your professional dues.
Watch for a member survey in the coming months as we endeavor to meet the needs of our members in this area.
For more information on these programs or if you want to become an Affinity Provider with FEIC, contact: Christopher Sheedy, Director, Membership & Chapter Relations
csheedy@feicanada.org or at 416-366-3007 x5103
April's Featured Affinity Partner
FEI Canada Corporate Discount Program
Toronto Blue Jays
As another exciting summer rolls around, the Toronto Blue Jays would like to extend to FEI Canada a corporate discount. By taking advantage of this offer, you can save up to 25% on tickets for select games this season.
The discount can be redeemed on the Blue Jays website (www.bluejays.com). To reach the corporate discount page, first click on the “Tickets” link at the upper right of the screen. Once the new page is loaded, select the “Corporate Discounts” link on the left side of the page.
Once your game has been chosen, input the code GP-FEIC07 to receive the discount.
The corporate discount is currently available for the following 2007 Blue Jays games:
| Wed. | April 11, | 7:07 p.m. | - | vs. Kansas City |
| Sun. | April 15, | 1:07 p.m. | - | vs. Detroit |
| Wed. | April 18, | 7:07 p.m. | - | vs. Boston |
| Sat. | April 28, | 1:07 p.m. | - | vs. Texas |
| Thur. | May 10, | 7:07 p.m. | - | vs. Boston |
| Sun. | May 13, | 1:07 p.m. | - | vs. Tampa Bay |
| Wed. | May 16, | 7:07 p.m. | - | vs. Baltimore |
| Wed. | May 30, | 7:07 p.m. | - | vs. New York Yankees |
**Future games are to be added. Please refer to the Corporate Discounts page for new dates. If interested in games not listed, please contact Koji Hasegwa (details below).
The discounted prices are as follows:
| Premium | Regular | |
|---|---|---|
| Field Level Bases: | $35.20 | $31.00 |
| 200 Level Bases: | $33.60 | $30.00 |
| 100 Level Outfield: | $24.00 | $18.00 |
Groups of 20 or more attending can also receive a further discount. To receive this deal or for any further information, please contact Koji Hasegawa by phone at 416-341-1475, or by email at koji.hasegawa@bluejays.com
See you at the ballpark!
New Member Welcome
A warm welcome to 48 new members who joined in March 2007! Our thanks to all the members who have recommended their colleagues and friends.
Mr. Richard D. Adair,
Chief Financial Officer, Automated Benefits Inc.,
Toronto Chapter
Mr. Bruce D. Allain,
Director of Finance, Irving Shipbuilding Inc.,
Atlantic Chapter
Mrs. Catherine Allard,
Chief Financial Officer, Mediagrif Interactive Technologies Inc.,
Québec Chapter
Mr. Rick Baker,
Chief Financial Officer, Alta-Fab Structures Ltd.,
Edmonton Chapter
Mr. Hugh A. Balkwill,
Vice President, Concentra Financial Corporate Banking,
Regina Chapter
Mr. John Bernhardt,
Chief Financial Officer, Ellis-Don Inc.,
London Chapter
Ms. Brenda Blue,
Controller and Secretary, TimberWest Forest Corp.,
Vancouver Chapter
Mr. David Bowen,
Corporate Controller & Corporate Secretary, Dover Industries Limited,
Hamilton Chapter
Ms. Natalie M. Brady,
Vice President of Finance, Group Retirement Services, Sun Life Financial Inc.,
Toronto Chapter
Ms. Stephanie A. Bunch,
Vice President, Finance & Chief Financial Officer, Seaview Energy Inc.,
Calgary Chapter
Mr. Michael Busuttil,
Director, Finance & Administration, Quadrem,
Toronto Chapter
Ms. Joyce F. Carter,
Vice President, Finance & Chief Financial Officer, Halifax International Airport Authority,
Atlantic Chapter
Mr. Michael Chen,
Chief Financial Officer, Precision Assessment Technology Corporation,
Vancouver Chapter
Mr. Douglas Chornoboy,
Chief Financial Officer, Northern Financial Corporation,
Toronto Chapter
Mr. Robert H. Conyers,
President, Avid Digital Inc.,
Québec Chapter
Mr. Jeff A. Curran,
Vice President & Comptroller, TransAlta Corporation,
Calgary Chapter
Ms. Cynthia J. Devine,
Executive Vice President & Chief Financial Officer, TDL Group Ltd.,
Toronto Chapter
Mr. Rashed O. Dewan,
Controller, Psion Teklogix Inc.,
Toronto Chapter
Ms. Rani K. Dhaliwal,
Controller, Finance & Administration, Peel District School Board,
Toronto Chapter
Mr. Arvind Dhar,
Assistant Vice President & Manager, HSBC Bank Canada,
Atlantic Chapter
Mr. Andrew D. Dindayal,
Associate Director, Capgemini Canada Inc.,
Toronto Chapter
Mr. Paul Elliott,
Chief Financial Officer, Ceridian Canada Ltd.,
Toronto Chapter
Ms. Kelly A. Esquimaux,
Controller, Dock Products Canada Inc.,
London Chapter
Mr. Vincent J. Galifi,
Executive Vice-President and Chief Financial Officer, Magna International Inc.,
Toronto Chapter
Mr. Glenn Gibson,
Senior Vice President, Finance, MDC Partners Inc.,
Toronto Chapter
Ms. Elizabeth D. Gitajn,
Director, Risk Management, RSM Richter LLP,
Toronto Chapter
Mr. Richard R. Kines,
Chief Financial Officer, Connacher Oil and Gas Limited,
Calgary Chapter
Mr. Geoffrey D. Krause,
Vice President, Finance & Chief Financial Officer, Cork Exploration Inc.,
Calgary Chapter
Mr. Ryan M. Kubik,
Treasurer, Canadian Oil Sands Trust,
Calgary Chapter
Mr. John A. Leitch,
Vice President Finance & Chief Financial Officer, TSC Stores Ltd.,
London Chapter
Mr. Tom Lieu,
Controller, David Aplin Recruiting,
Edmonton Chapter
Mr. Bud K. Love,
Vice President Finance & Chief Financial Officer, Terra Energy Corp.,
Calgary Chapter
Ms. Mary Martin,
Chief Operating Officer, Lang Michener LLP,
Toronto Chapter
Mr. Hugh McCarrel,
Vice President, Planning & Control, Corporate Secretary & Chief Privacy Officer, Holt, Renfrew & Company Limited,
Toronto Chapter
Mr. Robin Merrifield,
Senior Vice President and Chief Financial Officer, UrAsia Energy Ltd.,
Vancouver Chapter
Mr. Brian Orgnero,
Vice President, Finance, Saxon Energy Services Inc.,
Calgary Chapter
Mr. Robert Salmon,
Chief Financial Officer, Almac Machine Works Ltd.,
Edmonton Chapter
Mr. Timothy R. Saunders,
Vice President, Finance & Chief Financial Officer, Plasco Energy Group Inc.,
Ottawa Chapter
Mr. Vivek Sood, Director,
Treasury & Leadership Administration, Sobeys Inc.,
Atlantic Chapter
Mr. John Stephenson,
Vice President & Chief Financial Officer, London Hydro,
London Chapter
Mrs. Karen Strutz,
Vice President, Finance, Certified General Accountants of Ontario,
Toronto Chapter
Ms. Aileen Trescher,
Vice President, Account Development, AMEX Bank of Canada,
Toronto Chapter
Mr. David K. Ure,
Vice President & Controller, Mercer International Inc.,
Vancouver Chapter
Mr. Angelo Valentini,
Controller, Cisco Systems Canada Co.,
Toronto Chapter
Mr. Gerry Wahl,
Assistant Treasurer, Teck Cominco Metals Ltd.,
Vancouver Chapter
Mr. David K. Woodward,
Vice President, Finance and Operations, BC Investment Management Corporation,
Vancouver Chapter
Mr. Stephen J. Zamin,
Vice President, Finance & Corporate Controller, BMO Nesbitt Burns Inc.,
Toronto Chapter
Mr. Domenic Zeno,
Director, Audit Services, Rothmans, Benson & Hedges Inc.,
Toronto Chapter
Members in the News
The following members have earned the professional designation of Chartered Director from The Directors College:
Neil Morley (Atlantic Chapter)
has been promoted to Vice President, Accounting of Clarke Inc.
Chuck G. Lammers (Edmonton Chapter)
is the Manager of Administration – Facilities at ATB Financial
Sonya B. Buys (Calgary Chapter)
is now the Vice President, Customer Service at Enbridge Pipelines Inc.
Neil W. Robertson (Calgary Chapter)
has been promoted to Vice President of Divisional Finance, Canadian Plains of EnCana Corporation.
Philip A. Falls (Vancouver Chapter)
formerly at IWA-Forest Industry Pension Plan is now the President & CEO of UBC Investment Management Trust Inc.
Bonnie Lysyk (Winnipeg Chapter)
is now the Vice President & Chief Financial Officer of Wawanesa Life Insurance Company
Gloria M. Fournier (Calgary Chapter)
is the Chief Financial Officer of BA Energy Inc.
John G. Zimantas (Toronto Chapter)
has been promoted to Vice President, Finance of Black & McDonald Limited
Claude J. Thibault (Québec Chapter)
is now the Vice President & Chief Financial Officer at Nuera International Inc.
Stephen G. Wetmore (Toronto Chapter)
is the President & CEO of Bell Aliant Inc.
Mark A. Weisdorf (Toronto Chapter)
formerly at Tecumseh Products of Canada Limited is now the Vice President, Finance & Administration of MKG Imaging Solutions Inc.
Grant W. Forrest (Toronto Chapter)
is now the Vice President & Controller of A & P Canada Co.
Richard M. Barnowski (Toronto Chapter)
is the Vice President - Eastern Operations of Olympia Transfer Services Inc.
Daniel Johnson (Calgary Chapter)
formerly at Concerta Financial Corporate Banking is now the General Manager / Chief Executive Officer of Rocky Credit Union Ltd.
Stephen Woodhead (Toronto Chapter)
is now the Chief Financial Officer of Homeland Energy Corp.
Mr. Douglas R. Gilbert (Toronto Chapter)
is the Vice President, Finance & Administration of Carquest Canada Ltd.
Résumé Bank
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FEI MEMBERS: Register for National Career Services by completing your Professional Profile in the Resume Bank. Once we receive your information, a career services representative will confirm your registration and provide additional information about the benefits of the National Career Services program.
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Copyright Notice
Copyright © 2006 by Financial Executives International Canada (FEIC).
All rights reserved. This content is owned by FEIC. This information may be downloaded once but may not be further reproduced, publicly distributed, publicly displayed or otherwise used by any person or entity without approval from Financial Executives International Canada (www.feicanada.org).