Institute Of Chartered Accountants Of Ontario

Institute Of Chartered Accountants Of Ontario

September 24, 2009 08:25 ET

CA Institute Confers FCA Designations on Two Niagara Region Chartered Accountants

Local CAs among 75 Ontario-wide to receive profession's top honour

TORONTO, ONTARIO--(Marketwire - Sept. 24, 2009) - The Institute of Chartered Accountants of Ontario has announced the election of 75 Ontario Chartered Accountants as Fellows of the Institute, earning the designation FCA. That includes two Niagara Region Chartered Accountants: Gary F. Burroughs, FCA, of Niagara-on-the-Lake and Gregory D. Wight, FCA, of St. Catharines.

The highest designation the Institute confers, Fellowship is awarded for outstanding career achievements as well as outstanding service to the community and the profession.

First elected Lord Mayor of the Town of Niagara-on-the-Lake in 2000, Gary Burroughs is the senior elected official in the municipality and, as such, sits on all local government committees. A CA since 1973, Gary has used his training to conduct the primary review of the town's budget and has a hand in systems development for financial disclosure. He also Chairs Niagara Region's Audit Committee and sits on other regional committees and those of the Niagara Parks Commission. Prior to becoming Lord Mayor, Gary was the Owner/Operator of the Oban Inn, a historic landmark hotel that employs 100 people in the community.

President and Chief Executive Officer of the Algoma Central Corporation, Greg Wight oversees one of the largest Canadian-owned marine transportation companies. Founded in 1899, today Algoma has 1,600 employees and nearly $700 million in annual revenues. A CA 1979, today he serves as Chairman of the Board of the Standard Compensation Act Liability Association, which provides workers compensation insurance for Canadian shipowners and a Board Member of the Canadian Shipowners Mutual Assurance Association. Greg also served on the Board of the Niagara Health System from 2005 to 2008 and the Board of the United Way of St. Catharines and District from 2002 to 2005.

Ontario's Chartered Accountants work in public practice, industry, academe, government and the not-for-profit sector. About three per cent of CAs have earned the FCA designation. Fellowship elections are held every three years.

"Being elected an FCA by their peers is an indication of the esteem these CAs enjoy in their profession and communities," said Gerald Mills, FCA, Chair of the Institute. "It is also testimony to how much each has contributed to both the CA profession and their respective communities."

About the Institute of Chartered Accountants of Ontario:
The Institute of Chartered Accountants of Ontario is the qualifying and regulatory body of Ontario's more than 33,000 CAs and 5,000 CA students. Since 1879, the Institute has protected the public interest through the CA profession's internationally recognized standards of qualification and conduct. A wide range of organizations and individuals count on Ontario CAs to provide trustworthy and strategic insight, business leadership and financial guidance. The Institute's website is: www.icao.on.ca and the student website is www.guidetorulingtheworld.ca.

Contact Information

  • The Institute of Chartered Accountants of Ontario
    Perry Jensen
    416-969-4271 or 1-800-387-0735 ext. 271
    pjensen@icao.on.ca