Innovation Winter 2024.25

BOARD NEWS

AGM highlights collaborative progress of organization Collaboration with 11 other regulators;

The 2023/24 Board Chair, Michelle Mahovlich, P.Eng., P.Geo., welcomed more than 750 attendees to the Engineers and Geoscientists BC’s Annual General Meeting (AGM), October 16. Elder Larry Grant and Carl Point from the Musqueam Nation opened the meeting with a territorial greeting. Mahovlich introduced the incoming Board (see article page 7) before turning to CEO Heidi Yang, P.Eng., to

provide highlights of the collaborative accomplishments over the past year. These included: • Working with the newly formed BC Society of Engineering and Geoscience (BCSEG); • Supporting the proposed reserved practice for the Applied Science Technologists and Technicians of BC, (ASTTBC); • Signing Engineers Canada’s National Statement of

• Publishing the Professional Practice Guidelines – Erosion and Sediment Control in collaboration with multiple regulators operating under the Professional Governance Act ( PGA ); and • Aligning with the International Credentials Recognition Act , introduced by the provincial government. “We are heartened by this progress and the benefit it will have to the public and environment,” said Yang, “and by the positive partnerships we’ve built over the last year with other regulators operating under the PGA , and with government.” Yang also congratulated registrants on their high completion rate for their Continuing Education requirements. A total of 91 percent of registrants completed their requirements on time. Financial statements The financial statements, included in the Annual Report, showed the total revenue for the organization, $32.2 million, increased by $2.9 million from the previous year due to more applications and exams as well as more participation in seminars and webinars. Registrant annual fees accounted for 53 percent of the total revenue stream and firms’ fees were 10 percent. During the question period, a registrant asked why the reserve fund amount, $17.6 million, needed to be so high. Engineers and Geoscientists BC Chief Financial and Administration Officer Jennifer Cho explained that the organization holds enough in the reserve fund as a contingency to operate for six to eight months. There are also reserve funds of $1 million for possible legal costs, and $2 million for the office building and equipment.

The 2023/24 Board Chair Michelle Mahovlich addresses registrants and guests at the AGM held in Vancouver. P hoto : W endy D P hotography

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Winter 2024/25

Innovation