Dear CCFA Members,

It is the time of the year to renew your CCFA membership. CCFA executive team would like to take this opportunity to thank you for the continued support and contribution throughout the years.

Why do we need to pay the membership fee? First, the fee helps CCFA to carry out various programs for its members and for the organization. Without your support, we wouldn't have achieved so many great executions in the past year, for example:
1.  Various professional development seminars
2.  Risk management training for ICBC (Industrial and Commerce Bank of China) delegates
3.  “Chunhui Project” to introduce Modern Commercial Banking for BaoTou Commerce Bank in Inner Mongolia
4.  Mentorship program for MBA students at Schulick School of York University
5.  Annual Bay Street Chinese Christmas Party.
6.  Summer B.B.Q. Party
It also shows the commitment of a member to CCFA.

When is the annual fee due? Normally, we collect membership fee at the end of each year. However, it is always very busy during the year-end. We decide to move it to the spring of each year.

What is the difference between a fee-paid member and others? We will try our best to improve the service quality so that our members can benefit from the programs as much as possible. At the same time, we will gradually differentiate fee-paid members from others so that the value of membership stands out. For instance, fee-paid members may enjoy certain privileges in CCFA’s programs and information database.

Is the membership fee tax exempted? Unfortunately, CCFA is a non-profitable organization but not a charitable or a trade union. All the fee paid is not tax exempted.

Who controls the fee use? The board of directors, through the executive team, of CCFA. All expenses are approved and cleared by CCFA finance committee and controller.

In the next year, we are continuing to work on the traditional events as well as exploring new programs and activities with the aim to broaden our members' professional horizon and promote the academic and professional exchange between the Canadian and Chinese financial industries.

Once again, your ideas and suggestions are always welcome. This is the only way we can make the community a better place!

Membership Payment
1.   In terms of the membership renewal, we are collecting the annual membership due of $20 (for 2008-2009). The payment should be received by March 31, 2008.
2.   If you have paid the fee with a receipt stating for the year 2007-2008, you are exempted. However, in this case you need to inform Juliana by sending email to JulianaYi.ding@bmo.com.
3.   Student membership is NOT collected now.
4.   You may make the payments by March 31, 2008, in any of the following three manners:
a)   By personal cheque: payable to
Canadian-Chinese Finance Association
and mail to Juliana Ding at

23rd Floor FCP, Area D,
100 King Street West,
Toronto, ON
M5X 1A1

b)   By Bank Deposit: A printed receipt should be required at teller desk. A deposit reference number is on the printed receipt. If you do not ask for a PRINTED receipt, tellers do not give you one (business deposit is not like personal deposit). People who have paid by bank deposit should inform us the reference number afterwards via e-mail to JulianaYi.ding@bmo.com.
Bank name:       RBC Royal Bank
Account name:       Canadian-Chinese Finance Association
Account number:      00002-101-4836

c)   By cash: pay to Juliana Ding at

23rd Floor FCP, Area D,
100 King Street West,
Toronto, ON
M5X 1A1


Regards,


CCFA Executive Team, March 20, 2008