In this June article – my last as President – I’m pleased to share with you the latest news on the Institute. We recently held our Annual General Meeting (AGM) and Board meeting. In addition, our annual report has just been posted online.
COVID-19… An Existential Crisis?
By Keith Walter, FCIAResearch Council Chair“In a few short weeks, everything has changed.” You have probably heard that statement over and over recently. Unfortunately, for many in Canada that statement is true. Businesses are struggling to survive, and some will not be able to recover. Individuals approaching retirement have lost a portion of their retirement savings...
The AFC looks back on a busy year
The Actuarial Foundation of Canada’s (AFC) campaign efforts paid off tremendously, surpassing its objective and collecting more than $175,000 in donations – its highest campaign results to date. Funds raised and the number of individual donors were the highest ever!
IASB affirms extension of IFRS 17 effective date and IFRS 9 temporary exemption for insurers to January 1, 2023
At a meeting on March 17, 2020, the International Accounting Standards Board (the Board) recommended delaying the effective date of the IFRS 17 Insurance Contracts to January 1, 2023.
On the proper use of a professional designation
In any given profession, there are strict rules governing the proper use of its professional designation.