Over this past year, CPABC has provided important economic commentary, continued to build the new CPA profession, and partnered with other business organizations. Here are some highlights from 2016.
As business leaders, CPAs see firsthand what issues are affecting investment and the economy, and CPABC and its members are often called on by the media for commentary on economic and financial issues. Here are some of our biggest stories this year:
“Christiansen: Housing market hot in Thompson-Okanagan” – Merritt Herald, June 30, 2016
“Challenging times ahead for Northeast BC” – Tumbler Ridge News, July 8, 2016
“Vancouver market has buyers looking at the Island” – Saanich News, Aug 18, 2016
“B.C. expected to lead Canada in economic growth” – Yahoo! Finance, Sept 7, 2016
“Hot housing blamed for growing consumer debt” – 24 Hrs (Vancouver), Sept 19, 2016
In June, CPABC and Business in Vancouver celebrated some of BC’s top CFOs and financial leaders at the 2016 BC CFO Awards. These awards recognize the important roles CFOs play in business.
The CPAs who were honoured include:
Jennifer Archibald, CPA, CA, CFO, Cardiome Pharma Corp
Clayton Buckingham, CPA, CMA, senior VP & CFO, BCAA
Janice Comeau, CPA, CA, CFO, LMS Reinforcing Steel Group
Craig East, CPA, CA, CFO, Primex Manufacturing Ltd.
William Hallett, CPA, CA, VP finance & operations, Vancouver Foundation
Erfan Kazemi, CPA, CA, CFO, Sandstorm Gold Ltd.
Samson Lim, CPA, CA, executive VP & CFO, Peoples Trust Company
BC is poised to lead the country in GDP growth over the next few years. Based on our research and members' input in the latest CPABC Business Outlook Survey, encouraging business productivity would be key to supporting our province's economic growth.
Specifically, in this year’s BC Check-Up, CPABC looked at how attracting and fostering more head offices would encourage economic growth.
Over 2,400 CPA and legacy students graduated from their respective programs in 2016. These students earned their designations through rigorous training and assessment of their business and accounting competencies.
CPA graduates represent the future of the accounting profession here in BC. With over 34,000 CPA members and 5,200 CPA students and candidates, CPABC is the second largest professional organization in the province.
In June, CPABC launched the CareerConnect Employer Showcase connecting hundreds of CPAs and future CPAs with CPABC’s employer partners in government, industry, not-for-profit, and public practice. The demand for accounting talent is on the rise and employers are keen to attract the best and the brightest to their organizations.
In February, CPABC held its inaugural CPABC Member Recognition Dinner in Vancouver to honour 23 of BC’s most accomplished CPAs. Eleven CPA members received their fellowship designations at the dinner for their incredible contributions to the accounting profession and the community. They were:
Carol Bellringer, FCPA, FCA, auditor general, Province of British Columbia
Lorne Calder, FCPA, FCMA, CFRO, Integris Credit Union
Gordon Cummings, FCPA, FCA, principal, D&H Group LLP
Gayle Gorill, FCPA, FCA, vice-president, finance and operations, University of Victoria
Kay Gray, FCPA, FCGA, partner, Grant Thornton LLP
Paul Hamilton, FCPA, FCA, vice president, senior investment advisor and portfolio manager, BMO Nesbitt Burns
Lori Mathison, FCPA, FCGA, office managing partner, Dentons LLP
H.A. (Bert) Miles, FCPA, FCMA, principal, H.A. Miles Ag Consulting
Janice Roper, FCPA, FCA, partner, Deloitte LLP
C.Y. Tay, FCPA, FCGA, CFO, PDG Investment
Praveen Varshney, FCPA, FCA, director, Varshney Capital Corp.
There isn't a major business investment decision made in BC without the involvement of a CPA, and CPABC is a key stakeholder that supports the business community.
In 2016, CPABC sponsored various major business events, including BC Business Summit, WE for SHE, and 2016 Globe Conference – Michael Porter: Transition to a Low-Carbon Economy.
Since the launch of the Chartered Professional Accountants’ Education Foundation of BC (CPAEF) in November 2015, the foundation has helped more than 100 students each year with scholarships and bursaries.
The CPAEF has also funded several post-secondary institutions through its Speaker Series program, which brings notable speakers to the schools.
All of these efforts advance accounting education in BC.