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e-Journal July 2015


Sponsored By Sprott
Version Français

Upcoming Events

September 23: Edmonton Chapter PD Event "Fraud Awareness in the Public Sector"

September 23: Capital Chapter Season Opening Social

October 22: Québec Chapter PD Luncheon "Challenges: Adapting Québec's Taxation

October 22: Capital Chapter PD Day

PD Week



Sprott Master of Accounting
CPA Accredited

Industry Roundup

Using the Bank of Canada's July projection of real GDP growth, PBO estimates that an updated Budget 2015 outlook
would show deficits of $1.5 billion in 2015‐16 and $0.1 billion in 2016‐17, and a surplus of $1.5 billion in 2017‐18.



Gold teeters near 5-year low after 'bear raid,' more losses expected
Gold was on the brink of five-year lows on Tuesday, with more losses expected in the coming months following Monday's "bear raid" when sellers dumped an estimated 33 tonnes in just two minutes.
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When Canadians were forced to contribute more to the Canada Pension Plan in the 1990s and early 2000s, they ended up saving less voluntarily.
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PSMW 2016 Eng

October 19-21, 2015 
Shaw Centre, Ottawa  

Former White House Cyberspace Policy Expert 
Melissa Hathaway
Announced as Opening Keynote  

Stay Connected


July 23, 2015


Feature Articles

Creating an Accountability Framework to Support Performance Measurement: A Simple Approach
Rocky J. Dwyer


Photodune -6788212-businessman -presentingfinacial -results -m2

With a paradox of performance measurement acknowledged in literature, there are significant technical problems associated with disentangling the specific effect of any initiative from other factors that might contribute to those outcomes; keep in mind that good performance measurement/accountability framework is an exercise in storytelling.  
Read more

Alternative Organization Models for the Services Business
Ward Roofthooft


Photodune -774236-drawing -business -organization -chart -mWhat is the suitable organization model for services firms? The conventional organization with long lines of authority and communication may impede close customer contact. Four alternative models picked up from the literature and management practice are discussed. They are linked to the Four Value Business Model Framework.   Read more

FMI Program Methodology
Frank Potter


Push PinRunning a Chapter of the Financial Management Institute (fmi*igf), like running most volunteer organizations, is a combination of lots of fun and lots of terror. The fun is in seeing a great idea mature into an event and be pulled off without a hitch. The terror is in coming up with a great idea, finding the speakers, the volunteers and the venue, and dealing with things that go wrong.   Read more

Chapter News From

St. John's
Spring has been a busy time for the St. John's Chapter! The last newsletter highlighted the activities and successes achieved throughout 2014-2015 and once this issue hits the stands, the St. John's Chapter will have celebrated the end of another great year.    
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On April 15th, the Halifax Chapter hosted a session on "CPA - Canada's Professional Business and Accounting Credential" with a presentation by Anne-Marie Gammon, President and CEO of CPA Atlantic School of Business. Read more

South-East New Brunswick
The South-East New Brunswick Chapter held their last professional development learning session for the year 2014-2015 on May 11th. Fifty participants including 13 new members attended ... Read more

IGF-Québec Chapter organized two events over the past few weeks that proved to be very popular amongst its members. For the first luncheon session "The Role of the Public Service in a City's Economy" on April 30th, the Mayor of Québec City,...   Read more

IGF-Montreal's 2014-2015 program continued on April 30, 2015 with a presentation on Genoeconomics by Jonathan Beauchamp, Ph.D., postdoctoral fellow in the Department of Economics at Harvard University.   Read more

The FMI-CC had a successful and exciting close to its 2014-2015 program year with an excellent turnout of members to its two final PD Days and Year End Social, as well as two positive outreach activities.  Read more

Where has the year gone! When last reported, fmi*igf Manitoba Chapter was preparing for Christmas, and now everyone is embarking on summer vacations!  Read more 

The Regina Chapter had a strong Spring with the addition of a few new members participating in the May 13th "Journey of Improvement Towards Excellence" PD event.  Read more

FMI's Edmonton Chapter is on a well-deserved hiatus for the summer. But this doesn't mean that it is not working on next year's 2015-2016 program. So, mark your calendars with these upcoming events before you get too comfortable on your deck, changed into your swim wear ...  Read more

The Vancouver Chapter held its final 2014-2015 event, Risk Management & Personal Resilience, on May 28th. The first part of the morning featured a presentation and discussion by Jean L. Laporteof the Transportation Safety Board of Canada,...  Read more

On April 22nd, the Victoria Chapter held a free PD event for its members entitled "How Oil and Gas Prices Impact Government Finances." The event was a panel discussion focusing on the implications of fluctuating oil and gas prices ...  Read more

News From National Office 2
Another fiscal year complete, FMI's National is busy finishing up year-end and preparing for the Auditor's visit. With a very successful Public Sector Management Workshop (PSMW 2015) in Victoria in the rear view mirror, it would seem the tasks-at-hand would slow down, but such is not the case.  Read more