Professional matters: news and views for members — January/February 2016

Alain Côté takes on the role of chair of the CPA Canada Board of Directors. Plus, a recent survey indicates that more than half of CPAs believe their compensation is going up.


Changing of the guard

Picture of Alain Côté and Terry LeBlanc

“The times they are-a-changin’,” sang Bob Dylan. And indeed they are.

Alain Côté, FCPA, FCA, assumed the role of chair of the CPA Canada Board of Directors and Terry LeBlanc, FCPA, FCGA, became the new vice-chair on Sept. 30, 2015.

Côté was chair of the Ordre des comptables agréés du Québec from 2009 to 2011 and, since September 2014, has been vice-chair of the CPA Canada board. Moncton-based LeBlanc was a two-time chair of the CGA-Canada board and held senior positions with the Canada Revenue Agency from 1977 to 2010.

Kevin Dancey, FCPA, FCA, has announced that as of May he will step down as CPA Canada president and CEO, a position he has held since January 2013. Dancey, who became president and CEO of the Canadian Institute of Chartered Accountants in 2006, played a key role in the unification of Canada’s accounting profession under the CPA designation. For more information, visit

Finally, Gary Hannaford, FCPA, FCA and CEO of CPA Manitoba, has announced his intention to retire on June 30, 2016.


Most CPAs think their compensation is going up in 2016

Most CPAs think their compensation is going up in 2016 chart


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“Debits and credits aren’t the only things impacting the bottom line. Identifying and managing risks is essential to developing a successful business plan, especially for a new venture”

—Tomas Romita, “CPA’s Pitch of the Week” Oon CBC’s Dragons’ Den, Oct. 21, 2015