Institute of Chartered Accountants of Ontario elects 2006-2007 governing Council

Keith Farlinger, FCA, elected Chair; Council membership includes strong regional representation

TORONTO (June 22, 2006) - The Institute of Chartered Accountants of Ontario announced the election of its 2006-2007 governing Council, including the introduction of a new Chair, at its Annual General Meeting. Eight members were either elected or re-elected to the Council and Keith Farlinger, FCA, Toronto Region Managing Partner at BDO Dunwoody LLP, assumed the role of Council Chair for a two-year term.

The 2006 - 2007 Executive Group members are:

Chair - Keith Farlinger
Vice Chair - Gerald Mills
Council Finance Committee Chair - Gregory Gallant
Council Bylaws Review Committee Chair - Bonnie Foster
Membership Committee Chair - John Friday
Executive Member-at-Large - Laurie Woodruff
Public Representative - D'Arcy Delamere

The three newly elected members of the Institute's 16-member governing Council for a two-year term are:

Julie Bertoia, CA, Head of Accounting Policy, Head Office Centric, RBC Financial Group, Toronto
Garry Foster, FCA, Partner, Deloitte & Touche LLP, Toronto
Bruce McConomy, CA, Associate Professor, Wilfrid Laurier University, Waterloo

Members-at-large re-elected to the Institute's Council for a two-year term commencing 2006-2007 are:

Marrianne Bridge, CA, Manager, Compliance, Capital Markets of the Ontario Securities Commission, Toronto
John Friday, FCA, Director, Management Services, Children's Centre Thunder Bay
Gregory Gallant, CA, Partner, Grant Thornton LLP, Toronto
Richard Johnston, FCA, Partner, Johnston Beaudette, Cornwall
Robert Scullion, Partner, Ernst & Young LLP, Toronto

The other elected members of Council, whose two-year terms continue until the end of the 2006-2007 year, are:

Mary Aduckiewicz, FCA, Chief Financial Officer, R. Denninger Limited, Hamilton
James Barnett, FCA, Director, Masters of Taxation Programs, University of Waterloo
Bonnie Foster, FCA, Partner, Ross Pope & Company, Timmins
Gerald Mills, FCA, Partner, Collins Barrow KMD, London
Marilyn Stitt, CA, Partner, KPMG LLP, Toronto
Linda Thibeault, CA, Senior Audit Manager, Kendall Sinclair Finch Pigden Cowper & Thibeault LLP, North Bay
Laurence Woodruff, FCA, Audit Partner, PricewaterhouseCoopers LLP, Toronto

The Ontario government also appoints four public representative positions to the Council. They are D'Arcy Delamere, Tim Kennish, Dina Palozzi and Dr. James Young.

"The CA profession is in the forefront of our province's booming economy, with unprecedented opportunities, challenges and demands," said Brian Hunt, FCA, President and CEO of the Institute. "Our renewed Council brings together top Chartered Accountants with a wide range of experience and expertise. We believe this team will help further build and strengthen the CA designation and our profession's contribution to Ontario's prosperity."

The Council boasts a cross-section of business and community leaders from communities across Ontario, including Cornwall, Hamilton, London, Mississauga, North Bay, Oakville, Richmond Hill, Thunder Bay, Timmins, Toronto and Waterloo.

About the Institute of Chartered Accountants of Ontario:
The Institute of Chartered Accountants of Ontario is the qualifying and regulatory body of Ontario's 32,000 CAs and 4,000 CA students. Since 1879, the Institute has protected the public interest through the CA profession's high standards of qualification and the enforcement of its rules of professional conduct. The Institute website is: www.icao.on.ca.

For more information please contact:

Perry Jensen
Director of Media Relations
[T] 416-969-4271
[F] 416-962-8900