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e-Journal May 2015


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Upcoming Events

May 14: Fredericton Chapter PD Day

May 20: St. John's Chapter PD Event

May 21: Capital Chapter PD Day &  Aspiring Leaders Network  Event

May 28: Montréal Chapter Prestige Luncheon

May 28: Vancouver Chapter PD Event featuring 2 guest speakers

June 2: Québec Chapter PD Luncheon

June 11: Capital Chapter PD Day & Annual Year End Celebration

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Industry Roundup

Toronto-Dominion Bank, Canada's second biggest lender by assets, appointed Beata Caranci chief economist.
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With a Federal election looming, it is no surprise that the recent budget featured a little bit of everything.
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A handful of high-profile New Democrats are helping guide Premier-elect Rachel Notley into power.
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The price of heavy oil from Canada's oilsands has quietly rebounded by 77 per cent in the past six weeks, far better than the comeback in other types of crude.
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PD Week


Stay Connected


May 13, 2015


Welcome to "The fmi*igf Connection," fmi*igf's latest resource for financial management professionals. fmi*igf members will receive this new publication full of top-notch original content, the latest fmi*igf news, and important updates for public sector financial management professionals. We're keeping you connected to the financial management community!


Feature Articles

Accounting for Contaminated Sites UPDATE
J. Bailey Church


BarrelsIn the Autumn 2013 issue of the fmi*igf Journal, I shared with you thoughts regarding the requirements of the Public Sector Accounting Board's accounting standard on Liability for Contaminated Sites (Section PS3260), which has now entered into effect for fiscal year's beginning on or after April 1, 2014.     
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Breaking Out: Public Audit's New Role in a Post-Crash Crisis
Gillian Fawcett


MagnifierWhat this publication demonstrates is that despite the varying accountability systems there is a recurring rationale that runs through parliamentary public account committees and audit regimes. Seven years since the crash there are upbeat conversations about the role of audit and how we can achieve more with less, but there are also some challenges.   Read more

Management of Public Sector Resources is One Thing - Measuring the Utilization of Public Sector Resources is Another!
Rocky J. Dwyer


Examining ChartsThe management of resources was always taken for granted in Canada's Public Sector. However, now more than ever, Canada's public sector executives are required to devote equal and formal attention to results as well as resources. If taken in the literal sense, this concept of results management applies to every kind of program, ...   Read more

Chapter News From

St. John's
2014-2015 is turning out to be another successful year for the St. John's Chapter. To date, the Chapter has held seven sessions with presenters from the federal and  provincial governments in addition to a number of presenters from the private sector.    
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The winter was long on the East Coast! With blizzards and snowbanks aplenty, the Fredericton Chapter hosted a half-day professional development opportunity on March 12th....  Read more

During the luncheon event held on February 17th, Mr. Robert Keating, Chief Executive Officer of La Financière agricole du Québec, gave an overview of this crown corporation and its mission.   Read more

On February 26th, IGF-Montréal hosted a luncheon presentation by Matthieu Arseneau, Chief Economist at the National Bank of Canada, who spoke about the economic outlook for 2015. Mr. Arseneau shared his expertise on the Canadian housing market, on immigration policies ...  Read more

The 2014-2015 FMI Capital Chapter (FMI-CC) Professional Development (PD) Day program is coming to a close with two exciting PD Days and two supporting events - an inaugural Aspiring Leaders Network (ALN) event and a PD program closing social.   Read more

The Regina Chapter is continuing to grow in 2015. Our membership is now nearing 60, with 20 new members since January 1st.  Read more

The Edmonton Chapter closed its 2014-2015 program year on February 26th with a session asking the question, Procurement - Who Does it Well?  
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FMI Victoria and the Government Financial Officers of BC (GFOABC) hosted a daylong session on Asset Management on February 3rd.   Read more

News From National Office 2
The fmi*igf National Office's to-do list never seems to get shorter. The countdown to PSMW 2015 Victoria, May 24th - 26th, is getting closer. The PSMW 2015 Organizing Committee is ironing out the final logistical requirements.   Read more