Alberta Venture

Alberta Venture 6 December 2007 Trading Places; What Albertans need to know about doing business in B.C. - By Eve Lazarus - More and more companies in (Alberta and B.C.) are looking to do business in the other, and the Trade, Investment and Labour Mobility Agreement that will come into full effect by April 2009 should make it easier.
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Alberta Venture 6 December 2007 Trading Places; What Albertans need to know about doing business in B.C. - By Eve Lazarus - More and more companies in (Alberta and B.C.) are looking to do business in the other, and the Trade, Investment and Labour Mobility Agreement that will come into full effect by April 2009 should make it easier.
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At the moment, though, Alberta companies wanting to do business in B.C. still face a range of interprovincial trade barriers that run the gamut from the need to obtain multiple business licenses to higher taxes to mountains of red tape that squash job mobility… Vic Jensen [CA] is the controller for Botting Mechanical Group, a mechanical contracting firm in Calgary that operated a B.C. subsidiary until about a year ago, when the division was sold off to its employees.
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Calgary Herald 17 November 2007 Climate change spurs new career standards; national certification for greenhouse gas professionals takes effect next spring - By Derek Sankey - As energy companies begin to implement policies to deal with recent emissions legislation in Alberta, new certifications are emerging for the highly skilled professionals who carry out the monitoring and assessment process beginning next spring.
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ECO Canada, the federally funded environmental careers organization that tracks the expanding field of environmental occupations, is working in tandem with the Standards Council of Canada and the federal government to implement new standards for the professionals who work in the greenhouse gas field… Beginning in the spring of 2008, a new national certification system will take effect for people working in the greenhouse gas field that will act as an internationally recognized standard for such professionals… The emissions legislation in place in Alberta specifies only engineers and chartered accountants.
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Edmonton Sun 26 October 2007 Valentine to probe the missing billions - By Jeremy Loone - Former auditor general Peter Valentine [FCA] will lead a review of government accountability in the energy sector to determine why Alberta missed out on collecting billions in energy revenue.
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The review is expected to be completed by April 2008 and "will fully respond to the recommendations made by Alberta's auditor general."

Calgary Herald 24 October 2007 Fate of premier turns on royalty decision; Critical days for Stelmach: observers - By Tony Seskus and Jason Fekete - Premier Ed Stelmach faces either his "finest hour or his final hour" beginning today as the Tory chief embarks on a strategy for Alberta's oil and gas royalties, one of the most important public policy decisions confronting government in years.
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Alberta Venture July/August 2006 Winner's Circle - The Institute of Corporate Directors bestowed its ninth annual Fellowship Awards on June 5 and two Albertans received recognition for their contributions to Canadian business leadership: Hugh Bolton [FCA], of Calgary and chair of Epcor Utilities, and David McLean of Vancouver (originally of Edmonton) were both recognized for their ability to bring "good governance leadership to boardrooms across the country."
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A new study by Mercer Human Resources Consulting has found that Alberta companies from different sectors are boosting wages to retain employees in a red-hot labour market…Record high oil prices have created an economic boom in Alberta, leading to province-wide labour shortages despite a huge inflow of residents.
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"Our credit union strongly believes in supporting communities to build a better Alberta," said Harry Buddle, president and CEO of Capital City Savings.
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"We haven't seen anything that has changed our mind at this point," Shirley McClellan, Alberta's treasurer, said in a phone interview from Toronto Tuesday.
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"It's given for the distinguished service to the province and the people of Alberta."Only 73 people have been inducted since the order was established in 1978.
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And while the CHR's original request was for an 11% overall budget hike, Best said some of that may come in the form of $127 million in new money for continuing care initiatives across Alberta.
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CBC Radio [Calgary] 20 March 2006 The Calgary Eyeopener with Jim Brown - ICAA CEO & Executive Director Jane Halford [CA] was a guest on the radio show "The Calgary Eyeopener" to discuss the effects regulations implemented in the U.S. are having on the demand in Alberta for Chartered Accountants.
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Glover MBA FCA moved from Ontario to Alberta in April 1979 to become the ICAA's assistant director of education.He had graduated from the University of Waterloo, worked with Clarkson Gordon in Kitchener and taught intermediate accounting at the University of Waterloo prior to driving west.
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Financial Post 26 October 2005 Alberta's oil sector courts CFOs: Acute shortage of financial professionals - By Tim Hamilton - With Alberta in the midst of an energy boom, the shortfall in construction trades, oil field workers, and technical staff have been duly noted.
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Canadian Press 14 September 2005 Alta's former bean-counter to raise money for Calgary health care - Former Alberta treasurer Pat Nelson has been named chief executive for the fundraising arm of the Calgary Health Region.
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The Standard (St. Catharines - Niagara) 27 August 2005 Alberta urged to bank half its resource revenue: Province accused of lacking focus for future planning - By Bill Graveland - The rivers of black gold that have flooded Alberta's coffers for decades will eventually run dry, says a Calgary-based think-tank that wants Alberta to embark on an investment strategy for the province's resource revenue.
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The Standard (St. Catharines - Niagara) 27 August 2005 Alberta urged to bank half its resource revenue: Province accused of lacking focus for future planning - By Bill Graveland - The rivers of black gold that have flooded Alberta's coffers for decades will eventually run dry, says a Calgary-based think-tank that wants Alberta to embark on an investment strategy for the province's resource revenue.
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"From 1980 on, we've spent every nickel and dime of natural resource revenue and that's not an acceptable go-forward strategy," said Roger Gibbins, president & CEO of the Canada West Foundation…Gibbins, who co-wrote the report released Friday, said that from 1977 to 2005, Alberta received $122.9 billion from oil and gas royalties, with 91.9% of the money going into the government's general revenue fund to pay for day-to-day operations…The Alberta government appears to have lost its focus when it comes to future planning, said the Institute of Alberta Chartered Accountants.
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Alberta Venture July/August 2005 Alberta's 50 Most Influential People 2005 - By Will Gibson - While his federal counterpart Sheila Fraser has done much more barking in the media, Auditor General Fred Dunn [FCA] has shown just as much bite as Alberta's public watchdog, sinking his fangs into allegations of staff harassment and unfairness in enforcement practices at the Alberta Securities Commission.
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Alberta Venture July/August 2005 Alberta's 50 Most Influential People 2005 - By Will Gibson - While his federal counterpart Sheila Fraser has done much more barking in the media, Auditor General Fred Dunn [FCA] has shown just as much bite as Alberta's public watchdog, sinking his fangs into allegations of staff harassment and unfairness in enforcement practices at the Alberta Securities Commission.
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A measure of Dunn's respect was how well the bluntly-worded report was received by Alberta's sometimes thin-skinned government.
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Calgary Herald 25 November 2004 Melchin takes reins of energy portfolio - By Grant Robertson- Calgary MLA Greg Melchin [FCA], who will be sworn in today as Alberta's newest energy minister, said his first order of business is to meet with the province's oil, gas and electricity players in the coming weeks.
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Alberta Venture November 2002 Shifting Titles, Shifting Positions - Never before has the evolution of companies- the roles within them- been so rapid.
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Commerce News October 2002 CEOs probe the question of public confidence - By Terry Smith- Panelists at a recent Alberta Venture 100 breakfast agreed on at least one point- the reputation of business is tarnished by the litany of scandal and wrongdoing after the collapse of both Enron and Worldcom.
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They also agree that liberty from the long shadow cast by the two US corporate giants will require much diligence and introspection by all business to restore public faith…Four Venture 100 CEOs, selected from a list of Alberta's largest public, private and crown corporations published in the September issue of Alberta Venture magazine, participated in the Sept. 19 panel discussion co-sponsored by the magazine and Pricewaterh

Exciting changes are taking place, as we continue the process of identifying opportunities to better serve the overall vision of the CA profession - both in Alberta and nationally.
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Donna is a member of the national Public Trust Task Force, and one of her undertakings will be to work with the provincial governments of Alberta and BC to determine what changes are necessary to our legislation to comply with the Alberta/BC Trade, Investment and Labour Mobility Agreement.
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Account Executive, Alberta Venture
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No wonder - Gords roots are in Coronation, a small-town farming community located in the heart of Alberta.
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Alberta's Impact CAs include Robert Breakwell FCA of Calgary, Gary Koehli CA of Koehli Wickenberg Chartered Accountants in Edmonton, Howie Kroon CA of Palliser Lumber Sales in Crossfield, Penny Leckie CA of P. Leckie Professional Corporation Chartered Accountant in Edmonton, Ann Rooney FCA of Holt Rooney Chartered Accountants in Calgary, Zavhar Tejpar CA of Tejpar LLP Chartered Accountants in Edmonton, and Edward Wnuk CA of Luchak Wright Wnuk Chartered Accountants in Leduc.
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The Auditor General of Alberta is an independent officer of the Alberta Legislature.
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We serve two clients - Members of the Legislative Assembly and the people of Alberta - and communicate our work to them through annual and other periodic reports.We also meet regularly with the Standing Committee on Public Accounts - an all-party committee of 17 Members of the Legislative Assembly.

Indeed, barely five years have been spent in Alberta.While I hope my efforts within the CA profession when I was living outside Alberta have had some benefit here, it is a mark of a nationally-orientated provincial organization to recognize all those years as a CA in your recognition process.Thank you, again, for the recognition and national leadership.I have decided to remain in Alberta after my time in CASB, and I hope I will continue to be able to contribute to our fine profession for some time to come.
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With the highest UFE pass rate in Alberta at 86.8%, well above the national overall pass rate of 74.5%, our students have continued a long-term trend of excellence.
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This year, the CA profession in Alberta recognizes 14 CAs for significant contributions to the profession and the community-at-large.
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In lieu of payment, contributors donated an honorarium fee, provided by Alberta Venture and matched by the ICAA, to fund a $5,000 cash bursary.This bursary will fund the ICAA/Alberta Venture Busary which has been created to honour the best research paper on the topic of business ethics, innovation or leadership, written by a student enrolled in a post-secondary education institution in Alberta.For more on the bursary contact info@icaa.ab.ca.

For more information on sponsorships supported by the ICAA, see Spotlight on Sponsorships.

Watch for "The Big Picture" to continue in Alberta Venture in 2005, with a focus on another provocative and timely business issue, leadership.
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While working for the Institute, Jim had another notable impact on the profession in Alberta, hiring a young man with a similar rural background to his own-a youngster from Ontario named Steve Glover.
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Jim laughs, "When we brought Steve on I had no idea that this bright kid would one day be a 25-year mainstay of the profession in Alberta."
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After a successful career there-he was honoured with a Manitoba FCA in 1990-the lure of Alberta led Jim back to this province, and he accepted the position of vice-president student services and CFO of Keyano College in Fort McMurray.That was followed by a move to Grant MacEwan College as vice-president of operations in 1995 and, ultimately, in 2002, to his current role as president of Grande Prairie Regional College.
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Working in the education sector brings its own unique challenges, and gives Jim an inside view of one of the highest priority areas in Alberta.
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A good example of that is what happened in the early 1990s in Alberta.
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"Alberta is a leader in education, but it is absolutely essential to ensure that continues."
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"It's the ethical framework of the CA qualification process, already well-developed growing up in rural Alberta, that I found most relevant to helping me succeed as an entrepreneur."
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An example of these is our affiliation with Alberta's premier business magazine, Alberta Venture, which has resulted in several high-profile positioning opportunities.Many of you will remember the "Go For the Money CD," a how-to aid on raising capital for start-up businesses which was co-produced with Alberta Venture and made available to the public at large through magazine and web ads.In conjunction with the release of the CD, we were also among the sponsors of a province-wide symposium on Corporate Finance coordinated through Alberta Venture.The symposium helped position CAs front and center of this core business skill.

Another positioning opportunity arising from a public service sponsorship with Alberta Venture was the printed compendium of the full "Managing Matters" series-30 columns on various business matters published in Alberta Venture over three years (2000-2002) and authored by Alberta CAs.
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Finally, we sponsor two important award programs together with Alberta Venture, both of which have brought significant recognition for the profession-the Business Person of the Year, co-sponsored with the Certified Management Accountants of Alberta (CMAs), as well as the Alberta Venture eAwards.
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At the high school level, support is provided to Junior Achievement in both northern and southern Alberta.

Alberta Venture September 2008 Fertility Rites - A refugee from the oil and gas business, Bruce Waterman [CA] switched career gears in 2000 and has never regretted the move.
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79%: Alberta executives who said they were optimistic about the province's economic prospects.
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Calgary Herald 7 August 2008 Central Collegiate gears up for 100th anniversary - By Donna Gray - Graduates from Central Collegiate Institute are invited to bring their memories, accomplishments and friendships to a major reunion celebrating the opening of the school in 1908…Peter Valentine [FCA], former auditor general for Alberta, graduated from CCI in 1954.
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Alberta Venture June 2008 The Ethics of Executive Pay - ...
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Alberta Venture June 2008 Winner's Circle - Bruce Waterman [CA], chief financial officer of Agrium Inc., was named Canada's CFO of the Year for 2008.
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High oil prices meant Alberta's energy industry was taking off, and he was thinking about getting into the sector.
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Earning a degree in commerce at the University of Alberta, Mr. Ferguson - who wasn't available for an interview - settled on accountancy as a career, specializing in the numerous liquidations and receiverships taking place in the early 1980s as Alberta's oil boom floundered… "A lot of people who rise to these positions forget their roots, but I've always found Brian to be level-headed and sincere," [Jim] Estey [chairman of UBS Securities Canada and long-time friend of Mr. Ferguson] said.
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After working on the plan for awhile behind closed doors, EnCana's board of directors approved a proposal to separate the corporation into two sustainable, independent entities—a natural gas company, with working name GasCo, and a fully integrated oil company, with working name IntegratedOilCo (IOCo), said CEO Randy Eresman… EnCana CFO Brian Ferguson [CA] has been named the designated president and CEO of IOCo, which will focus on the development of EnCana's Canadian oilsands assets and refinery interests in the U.S., supported by its natural gas and oil production in Alberta and Saskatchewan.
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Alberta Venture May 2008 Industrial revolution - By Dennis Hryciuk - Locals call it Petrochemical Alley—a sprawling swath of piping, pressure vessels and tanks that spreads in fits and starts for miles in and around Fort Saskatchewan…What is not as obvious is that this industrial area, 30 minutes northeast of Edmonton, has been experiencing a slow decline over the last decade…But revival might just be around the corner thanks to Alberta's abundant oilsands.
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Alberta Venture May 2008 Industrial revolution - By Dennis Hryciuk - Locals call it Petrochemical Alley—a sprawling swath of piping, pressure vessels and tanks that spreads in fits and starts for miles in and around Fort Saskatchewan…What is not as obvious is that this industrial area, 30 minutes northeast of Edmonton, has been experiencing a slow decline over the last decade…But revival might just be around the corner thanks to Alberta's abundant oilsands.
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"This is the next big torrent of feedstock for the petrochemical industry in Alberta."…

Alberta Venture May 2008 Suit yourself - By Malwina Gudowska - A meeting with Jordan Singer is unpredictable.
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His impetus was a succession plan, says Larry Jenkinson [CA], executive vice-president for HSFG, who joined the company in 1990 and has worked closely with both father and son… "Once Jordan joined, we started talking about strategic planning with a blank canvas and we all agreed that the growth opportunity was in Alberta," said Jenkinson.
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With two Henry Singer stores—one in Edmonton, one in Calgary—already serving Alberta, the company didn't want to open another Henry Singer.
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Alberta Venture April 2008 The oilsands producers' dilemma - By Jeff Gailus - … Oil companies increasingly face a difficult choice.
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Alberta Venture April 2008 20 skills every boss should know - By Malwina Gudowska - 15.
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Alberta Venture April 2008 A Little Piece of Heaven - By Jim Veenbaas - Short on cash, but big on visions of owning a piece of paradise in the Rocky Mountains, Gary Coskey [CA] had to devise an innovative way to finance his dream.
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Although Coskey recently sold his interest in the condo—as have others along the way—the group of 12 is still enjoying the lifestyle that goes with owning real estate in one of Alberta's most popular vacation spots, as well as the substantial increase in equity that comes with it…
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Calgary Herald 1 April 2008 Royalty review panel readies overhaul plan - by Jason Fekete - The Stelmach government says it will react quickly to a new report reviewing the collection of billions of dollars in resource royalties—something Alberta's auditor general and an expert panel said is unacceptable and must be overhauled.
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Chan, who works with Alberta Finance in Edmonton, began volunteering in 2003 while with the auditor general of Alberta.
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Alberta Venture, March 2008 28 February 2008 Alberta's Best Workplaces 2008; Best Workplace for the Environmentally Conscious - by Lindsey Norris - One weekday morning last July, 400 employees trickled into work at KPMG's Calgary office to find an energy-efficient fluorescent light bulb on their desk.
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Canadian Press 11 February 2008 Businesses, especially in Alberta, urged to prepare for new accounting rules - By Lauren Krugel - With Canada set to adopt new accounting guidelines in a few years, companies in labour-strapped Alberta will be on the hunt for bean counters who are well versed in International Financial Reporting Standards, according to a partner with Ernst and Young… "Retraining, hiring in the breach and sometimes appropriately engaging third party resources to assist enterprises - that will all happen between now and 2010 and demand will exceed supply," [Matt Bootle FCA] said.
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Canadian Press 11 February 2008 Businesses, especially in Alberta, urged to prepare for new accounting rules - By Lauren Krugel - With Canada set to adopt new accounting guidelines in a few years, companies in labour-strapped Alberta will be on the hunt for bean counters who are well versed in International Financial Reporting Standards, according to a partner with Ernst and Young… "Retraining, hiring in the breach and sometimes appropriately engaging third party resources to assist enterprises - that will all happen between now and 2010 and demand will exceed supply," [Matt Bootle FCA] said.
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Calgary Herald 1 February 2008 Oilpatch optimism takes a beating - By Shaun Polczer - Business confidence in Alberta's oilpatch is falling fast compared with other parts of the country, according to a new study by the Canadian Institute of Chartered Accountants and the Royal Bank of Canada… "Depending on the sector, other variables will have an impact on business decisions," said Kevin Dancey [FCA], the institute's president and CEO.
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"Here in Alberta, we're very good at responding to uncertainty.We're very good at dodging the punches."
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"We're from Calgary, and in southern and central Alberta we hear a lot about a water shortage, so we thought it would be a good cause to support."
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Alberta Venture January 2008 The Roughneck's Last Hurrah - By Tom Keyser - In the oil and gas industry, an ability to roll with the punches is part of the job description… "The senior manager of today has to be able to look ahead and to respond [to change] in a hurry.
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Alberta Venture 6 December 2007 Trading Places; What Albertans need to know about doing business in B.C. - By Eve Lazarus - More and more companies in (Alberta and B.C.) are looking to do business in the other, and the Trade, Investment and Labour Mobility Agreement that will come into full effect by April 2009 should make it easier.
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Alberta Venture 6 December 2007 Trading Places; What Albertans need to know about doing business in B.C. - By Eve Lazarus - More and more companies in (Alberta and B.C.) are looking to do business in the other, and the Trade, Investment and Labour Mobility Agreement that will come into full effect by April 2009 should make it easier.
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At the moment, though, Alberta companies wanting to do business in B.C. still face a range of interprovincial trade barriers that run the gamut from the need to obtain multiple business licenses to higher taxes to mountains of red tape that squash job mobility… Vic Jensen [CA] is the controller for Botting Mechanical Group, a mechanical contracting firm in Calgary that operated a B.C. subsidiary until about a year ago, when the division was sold off to its employees.
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Calgary Herald 17 November 2007 Climate change spurs new career standards; national certification for greenhouse gas professionals takes effect next spring - By Derek Sankey - As energy companies begin to implement policies to deal with recent emissions legislation in Alberta, new certifications are emerging for the highly skilled professionals who carry out the monitoring and assessment process beginning next spring.
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ECO Canada, the federally funded environmental careers organization that tracks the expanding field of environmental

Alberta Venture October 2008 Safety in Numbers - By Fabrice Taylor - Daryl Ritchie [FCA] is not an exciting guy.
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Alberta Venture October 2008 How to outsource virtually everything (and when you shouldn't) - By Marzena Czarnecka - A small business person's guide to bridging gaps for growth and profit… Be the Outsourcer… The entrepreneurial-minded founders of Stawowski McGill & Partners saw an opportunity for a different type of accounting firm when they heard their clients complain that they did not feel they had access to "CFO-type expertise," says Brian McGill [CA].
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Alberta Venture September 2008 Fertility Rites - A refugee from the oil and gas business, Bruce Waterman [CA] switched career gears in 2000 and has never regretted the move.
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79%: Alberta executives who said they were optimistic about the province's economic prospects.
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Calgary Herald 7 August 2008 Central Collegiate gears up for 100th anniversary - By Donna Gray - Graduates from Central Collegiate Institute are invited to bring their memories, accomplishments and friendships to a major reunion celebrating the opening of the school in 1908…Peter Valentine [FCA], former auditor general for Alberta, graduated from CCI in 1954.
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Alberta Venture June 2008 The Ethics of Executive Pay - ...
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Alberta Venture June 2008 Winner's Circle - Bruce Waterman [CA], chief financial officer of Agrium Inc., was named Canada's CFO of the Year for 2008.
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High oil prices meant Alberta's energy industry was taking off, and he was thinking about getting into the sector.
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Earning a degree in commerce at the University of Alberta, Mr. Ferguson - who wasn't available for an interview - settled on accountancy as a career, specializing in the numerous liquidations and receiverships taking place in the early 1980s as Alberta's oil boom floundered… "A lot of people who rise to these positions forget their roots, but I've always found Brian to be level-headed and sincere," [Jim] Estey [chairman of UBS Securities Canada and long-time friend of Mr. Ferguson] said.
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After working on the plan for awhile behind closed doors, EnCana's board of directors approved a proposal to separate the corporation into two sustainable, independent entities-a natural gas company, with working name GasCo, and a fully integrated oil company, with working name IntegratedOilCo (IOCo), said CEO Randy Eresman… EnCana CFO Brian Ferguson [CA] has been named the designated president and CEO of IOCo, which will focus on the development of EnCana's Canadian oilsands assets and refinery interests in the U.S., supported by its natural gas and oil production in Alberta and Saskatchewan.
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Alberta Venture May 2008 Industrial revolution - By Dennis Hryciuk - Locals call it Petrochemical Alley-a sprawling swath of piping, pressure vessels and tanks that spreads in fits and starts for miles in and around Fort Saskatchewan…What is not as obvious is that this industrial area, 30 minutes northeast of Edmonton, has been experiencing a slow decline over the last decade…But revival might just be around the corner thanks to Alberta's abundant oilsands.
...
Alberta Venture May 2008 Industrial revolution - By Dennis Hryciuk - Locals call it Petrochemical Alley-a sprawling swath of piping, pressure vessels and tanks that spreads in fits and starts for miles in and around Fort Saskatchewan…What is not as obvious is that this industrial area, 30 minutes northeast of Edmonton, has been experiencing a slow decline over the last decade…But revival might just be around the corner thanks to Alberta's abundant oilsands.
...
"This is the next big torrent of feedstock for the petrochemical industry in Alberta."…

Alberta Venture May 2008 Suit yourself - By Malwina Gudowska - A meeting with Jordan Singer is unpredictable.
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His impetus was a succession plan, says Larry Jenkinson [CA], executive vice-president for HSFG, who joined the company in 1990 and has worked closely with both father and son… "Once Jordan joined, we started talking about strategic planning with a blank canvas and we all agreed that the growth opportunity was in Alberta," said Jenkinson.
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With two Henry Singer stores-one in Edmonton, one in Calgary-already serving Alberta, the company didn't want to open another Henry Singer.
...
Alberta Venture April 2008 The oilsands producers' dilemma - By Jeff Gailus - … Oil companies increasingly face a difficult choice.
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Alberta Venture April 2008 20 skills every boss should know - By Malwina Gudowska - 15.
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Alberta Venture April 2008 A Little Piece of Heaven - By Jim Veenbaas - Short on cash, but big on visions of owning a piece of paradise in the Rocky Mountains, Gary Coskey [CA] had to devise an innovative way to finance his dream.
...
Although Coskey recently sold his interest in the condo-as have others along the way-the group of 12 is still enjoying the lifestyle that goes with owning real estate in one of Alberta's most popular vacation spots, as well as the substantial increase in equity that comes with it…
...
Calgary Herald 1 April 2008 Royalty review panel readies overhaul plan - by Jason Fekete - The Stelmach government says it will react quickly to a new report reviewing the collection of billions of dollars in resource royalties-something Alberta's auditor general and an expert panel said is unacceptable and must be overhauled.
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Chan, who works with Alberta Finance in Edmonton, began volunteering in 2003 while with the auditor general of Alberta.
...
Alberta Venture, March 2008 28 February 2008 Alberta's Best Workplaces 2008; Best Workplace for the Environmentally Conscious - by Lindsey Norris - One weekday morning last July, 400 employees trickled into work at KPMG's Calgary office to find an energy-efficient fluorescent light bulb on their desk.
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Canadian Press 11 February 2008 Businesses, especially in Alberta, urged to prepare for new accounting rules - By Lauren Krugel - With Canada set to adopt new accounting guidelines in a few years, companies in labour-strapped Alberta will be on the hunt for bean counters who are well versed in International Financial Reporting Standards, according to a partner with Ernst and Young… "Retraining, hiring in the breach and sometimes appropriately engaging third party resources to assist enterprises - that will all happen between now and 2010 and demand will exceed supply," [Matt Bootle FCA] said.
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Canadian Press 11 February 2008 Businesses, especially in Alberta, urged to prepare for new accounting rules - By Lauren Krugel - With Canada set to adopt new accounting guidelines in a few years, companies in labour-strapped Alberta will be on the hunt for bean counters who are well versed in International Financial Reporting Standards, according to a partner with Ernst and Young… "Retraining, hiring in the breach and sometimes appropriately engaging third party resources to assist enterprises - that will all happen between now and 2010 and demand will exceed supply," [Matt Bootle FCA] said.
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Calgary Herald 1 February 2008 Oilpatch optimism takes a beating - By Shaun Polczer - Business confidence in Alberta's oilpatch is falling fast compared with other parts of the country, according to a new study by the Canadian Institute of Chartered Accountants and the Royal Bank of Canada… "Depending on the sector, other variables will have an impact on business decisions," said Kevin Dancey [FCA], the institute's president and CEO.
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"Here in Alberta, we're very good at responding to uncertainty.We're very good at dodging the punches."
...
"We're from Calgary, and in southern and central Alberta we hear a lot about a water shortage, so we thought it would be a good cause to support."
...
Alberta Venture January 2008 The Roughneck's Last Hurrah - By Tom Keyser - In the oil and gas industry, an ability to roll with the punches is part of the job description… "The senior manager of today has to be able to look ahead and to respond [to change] in a hurry.