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For summaries of the most recent regional, national and international news stories pertaining to chartered accountants and the Alberta CA profession, please see the articles below.
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They manage companies and run governments, and now baby boomers are breaching the final bastion of power—dominating Canada’s largest corporate boards. The ranks of top corporate directors in Canada are swelling with younger directors, which represents a shift for boards, according to a new report of 100 large company board by Toronto-based director search firm Spencer Stuart. The average age of new directors added in the past three years was 57, down from 62 in the three-year period from 2000 to 2002. Andrew MacDougall, who leads Spencer Stuart’s board services practice in Canada, said boards are increasingly searching for younger directors who are up to date with changes in business and technology, and who will be able to serve at least a decade before hitting boards’ mandatory retirement ages. http://v1.theglobeandmail.com/servlet/story/RTGAM.20110206.escenic_1896456/BNStory/Business/
Globe and Mail
Latest News 2011
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