Finance and Tax Program

Electricity Canada’s Finance, Tax & Accounting Program (FTA) helps members to make better informed business decisions, improve processes, find efficiencies, and save costs.

The FTA provides a community that fosters knowledge-sharing across the industry and allows for great networking opportunities amongst peers in the sector.

Cynthia Chan

CFO, Elexicon Energy Inc.

About the FTA Program

Members share current information and industry best practices via the following five Committees: CFO, Finance & Accounting, Tax, Internal Audit, and Enterprise Risk Management.

Electricity Canada advocates on behalf of members to the Federal Government, the U.S. Government, and national and international standard setting bodies such as the International Accounting Standards Board, Canada Revenue Agency, Canadian Securities Administrators, and more.

Electricity Canada’s Corporate Partners Deloitte, PwC, EY, KPMG, and MNP provide expert advice, thought leadership, and insight to keep members informed on current topics and to help solve member challenges.

Through the program’s networking and learning opportunities, participants receive Continuing Professional Education credits for participation in meetings. Members may send up to three individual representatives to in-person events, and there is no limit to the number of representatives from one utility who may participate in digital events.

Participants in the Program can stay informed with exclusive access to The Exchange: Electricity Canada’s semi-annual FTA Program Newsletter which outlines relevant news and current initiatives.

FTA Program Committees

The CFO Committee

A unique closed-door forum comprised of Chief Financial Officers who meet annually to discuss industry specific issues and challenges. Th­e Committee monitors existing and emerging financial trends and practices affecting the electricity industry and works collaboratively to develop mutually beneficial solutions.

The Finance & Accounting Committee

A forum that meets as required either virtually or in person, with live meetings alternating between locations east-to-west to accommodate all member utilities. ­The Committee is a key forum for members to share up-to-date industry information and best practices. Members also participate in national and international accounting standard setting activities and undertake member-driven surveys aimed at improving business operations.

The Tax Committee

A forum for members to share information and best practices on income and commodity tax related issues, as well as seek tax rulings and interpretations by engaging industry experts and the Federal Government (Canada Revenue Agency and the Department of Finance Canada). ­The Committee also lobbies Government on behalf of member interests.

The Internal Audit Committee

A forum connecting IA utility professionals together to share information, promote industry best practices to enhance the IA function as a strategic entity. The committee engages with members and industry experts as a platform of discussion for emerging audit and risk topics: weaving strategy, risk and control together.

The Enterprise Risk Management Committee

A forum for ERM professionals. Th­e Committee shares information and best practices and promotes improved strategies and risk management processes with the goal of enhancing risk maturity in the Canadian electricity industry.

Join the FTA Program

Electricity Canada’s Finance, Tax and Accounting Program is open to both Electricity Canada Members and Non-Members. For more information on how you can get involved in the Finance, Tax and Accounting program, please contact us.