1 Thank you to Our Sponsors 2 Thank you to Our Speakers 3 ICAC - PowerPoint PPT Presentation

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Thank you to Our Sponsors 2

Thank you to Our Speakers 3

ICAC 2008 AGM 1. Minutes of the 2007 AGM Minutes of the 2007 AGM 1. 2. To approve the Financial Statements of the Association To approve the Financial Statements of the Association 2. for the fiscal year ended June 30, 2008. for the fiscal year ended June 30, 2008. 3. To appoint the Association To appoint the Association ’ s auditors for the year ended ’ s auditors for the year ended 3. June 30, 2009. June 30, 2009. 4. To elect Directors of the Association. To elect Directors of the Association. 4. 5. To amend the By To amend the By- -Laws of the Association Laws of the Association 5. 6. To receive the Chairman To receive the Chairman ’ s Report. ’ s Report. 6. 7. To consider any other business. To consider any other business. 7. 4

ICAC 2008 AGM 1. Minutes of the 2007 AGM Minutes of the 2007 AGM 1. 2. To approve the Financial Statements of the Association To approve the Financial Statements of the Association 2. for the fiscal year ended June 30, 2008. for the fiscal year ended June 30, 2008. 3. To appoint the Association To appoint the Association ’ s auditors for the year ended ’ s auditors for the year ended 3. June 30, 2009. June 30, 2009. 4. To elect Directors of the Association. To elect Directors of the Association. 4. 5. To amend the By To amend the By- -Laws of the Association Laws of the Association 5. 6. To receive the Chairman To receive the Chairman ’ s Report. ’ s Report. 6. 7. To consider any other business. To consider any other business. 7. 5

ICAC 2008 AGM 1. Minutes of the 2007 AGM Minutes of the 2007 AGM 1. 2. To approve the Financial Statements of the Association To approve the Financial Statements of the Association 2. for the fiscal year ended June 30, 2008. for the fiscal year ended June 30, 2008. 3. To appoint the Association To appoint the Association ’ s auditors for the year ended ’ s auditors for the year ended 3. June 30, 2009. June 30, 2009. 4. To elect Directors of the Association. To elect Directors of the Association. 4. 5. To amend the By To amend the By- -Laws of the Association Laws of the Association 5. 6. To receive the Chairman To receive the Chairman ’ s Report. ’ s Report. 6. 7. To consider any other business. To consider any other business. 7. 6

ICAC 2008 AGM Treasurer ’ s Report – – Financial Results 07/08 Financial Results 07/08 Treasurer ’ s Report Revenue Revenue • • � 69% 69% � • • New Member Growth (20) New Member Growth (20) • • Fee Increase (10%) Fee Increase (10%) • • New Revenue (affiliate members/sponsors) New Revenue (affiliate members/sponsors) • • Special Contribution by Larger Firms – – Advocacy Advocacy Special Contribution by Larger Firms • • 7

ICAC 2008 AGM Treasurer ’ s Report – – Financial Results 07/08 Financial Results 07/08 Treasurer ’ s Report Expenses Expenses • • � 34% 34% � • • Advocacy Costs (Ottawa firm retainer - - $92K) $92K) Advocacy Costs (Ottawa firm retainer • • � Meetings & Member Services (33%) Meetings & Member Services (33%) � • • 8

ICAC 2008 AGM Treasurer ’ s Report – – Financial Results 07/08 Financial Results 07/08 Treasurer ’ s Report Statement of Changes in Fund Balances Statement of Changes in Fund Balances • • • ↓ ↓ From $96K to $56K From $96K to $56K • Concluding Remarks: Concluding Remarks: • • Positive Year in terms of Growth in Membership & Positive Year in terms of Growth in Membership & • • Association Activity Association Activity Board recommend further growth and new initiatives to Board recommend further growth and new initiatives to • • strengthen capital reserves strengthen capital reserves 9

ICAC Annual General Meeting Minutes of the 2007 AGM Minutes of the 2007 AGM 1. 1. To approve the Financial Statements of the Association To approve the Financial Statements of the Association 2. 2. for the fiscal year ended June 30, 2008. for the fiscal year ended June 30, 2008. To appoint the Association ’ s auditors for the year ended To appoint the Association ’ s auditors for the year ended 3. 3. June 30, 2009. June 30, 2009. To elect Directors of the Association. To elect Directors of the Association. 4. 4. To amend the By- -Laws of the Association Laws of the Association To amend the By 5. 5. To receive the Chairman ’ s Report. To receive the Chairman ’ s Report. 6. 6. To consider any other business. To consider any other business. 7. 7. 10

ICAC Annual General Meeting Minutes of the 2007 AGM Minutes of the 2007 AGM 1. 1. To approve the Financial Statements of the Association To approve the Financial Statements of the Association 2. 2. for the fiscal year ended June 30, 2008. for the fiscal year ended June 30, 2008. To appoint the Association ’ s auditors for the year ended To appoint the Association ’ s auditors for the year ended 3. 3. June 30, 2009. June 30, 2009. To elect Directors of the Association. To elect Directors of the Association. 4. 4. To amend the By- -Laws of the Association Laws of the Association To amend the By 5. 5. To receive the Chairman ’ s Report. To receive the Chairman ’ s Report. 6. 6. To consider any other business. To consider any other business. 7. 7. 11

ICAC 2008 AGM 1. Minutes of the 2007 AGM Minutes of the 2007 AGM 1. 2. To approve the Financial Statements of the Association To approve the Financial Statements of the Association 2. for the fiscal year ended June 30, 2008. for the fiscal year ended June 30, 2008. 3. To appoint the Association To appoint the Association ’ s auditors for the year ended ’ s auditors for the year ended 3. June 30, 2009. June 30, 2009. 4. To elect Directors of the Association. To elect Directors of the Association. 4. 5. To amend the By To amend the By- -Laws of the Association Laws of the Association 5. 6. To receive the Chairman To receive the Chairman ’ s Report. ’ s Report. 6. 7. To consider any other business. To consider any other business. 7. 12

Election of Directors of Association Nominating Committee Report 2008: Nominating Committee Report 2008: Proposed Directors: : Proposed Directors Appointment for a three year term ending 2011: Appointment for a three year term ending 2011: Jacqui Allard, MFC Global Investment Management Jacqui Allard, MFC Global Investment Management Don Barber, Evans Investment Counsel Don Barber, Evans Investment Counsel Nathalie Bouchard, NatCan NatCan Investment Management Investment Management Nathalie Bouchard, Tom Johnston, UBS Global Asset Management Tom Johnston, UBS Global Asset Management Re- Re -election: election: Don Cranston – – CGOV CGOV - - 1 year term 1 year term Don Cranston Bob Hill – – Coleford Coleford Investment Management Investment Management – – 3 year term 3 year term Bob Hill John McCutcheon – – Barrantagh Barrantagh Investment Management Investment Management – – 2 year term 2 year term John McCutcheon These seven nominees are proposed as the slate of Directors to be e These seven nominees are proposed as the slate of Directors to b 13 elected. elected.

Election of Directors of Association Nominating Committee Report 2008: Nominating Committee Report 2008: Thanks to our Departing Directors: : Thanks to our Departing Directors Jane Depraitere – – Mawer Mawer Investment Mgt. Investment Mgt. Jane Depraitere Rob Ritchie – – London Capital London Capital Rob Ritchie Brian Walsh – – PH&N PH&N Brian Walsh Keith Walter – – MFC Global Investment MFC Global Investment Keith Walter 14

Election of Directors of Association Nominating Committee Report 2008: Nominating Committee Report 2008: Thanks to our Departing Committee Chairs: Thanks to our Departing Committee Chairs: Don Barber – – Operation Heads Network Operation Heads Network Don Barber Tom Johnston – – Industry Reg. & Tax Industry Reg. & Tax Tom Johnston Carol Sands – Compliance Officers' Carol Sands Compliance Officers' – Network Network Jason Milne – – Investment & Corporate Investment & Corporate Jason Milne Governance Governance 15

ICAC 2008 AGM 1. Minutes of the 2007 AGM Minutes of the 2007 AGM 1. 2. To approve the Financial Statements of the Association To approve the Financial Statements of the Association 2. for the fiscal year ended June 30, 2008. for the fiscal year ended June 30, 2008. 3. To appoint the Association To appoint the Association ’ s auditors for the year ended ’ s auditors for the year ended 3. June 30, 2009. June 30, 2009. 4. To elect Directors of the Association. To elect Directors of the Association. 4. 5. To amend the By To amend the By- -Laws of the Association Laws of the Association 5. 6. To receive the Chairman To receive the Chairman ’ s Report. ’ s Report. 6. 7. To consider any other business. To consider any other business. 7. 16

ICAC By-Laws Amendments Article 8.2 – – No. of Directors No. of Directors Article 8.2 Motion: Motion: To revise the current by- -law requiring 15 Board of law requiring 15 Board of To revise the current by Directors to “ 10- -15. 15. ” Directors to “ 10 ” 17

ICAC Annual General Meeting Chairman’ ’s Report s Report Chairman 18