Contents CPA MAGAZINE JUNE/JULY 2016 32 NEWS ETC.


Globetrotting 6 News From Around the World


Crosscountry 7 Canada at a Glance


Variables 8 Travel Log


Dearth Stars


By the Numbers 68 Beware the Merge


FEATURES Boon or Bust? Following the Leaders The Big Leap Dr. Cab Driver


Canada’s record of matching immigrant qualifications to jobs is poor. Why?


28


Immigrants who work and pay taxes might fix our budget woes and mitigate the effects of an aging population. But what’s the cost?


32


Overcoming financial hardships and lack of experience, these immigrants have not only survived, they’ve flourished


38


Starting over in a new country is not easy, and it can be a humbling experience


44 COLUMNS Editor’s Note 2


Canadian Issues 20 Crank Up the Printers


The Right Thing 22 Suspension of Disbelief


In Practice 24 Not Your Standard Audit


For more contents: cpacanada.ca/ cpamagazine


DEPARTMENTS Letters 4


Professional Matters 10


CPA Canada sponsors session at GLOBE 2016 10


We asked three CPAs about work-life balance in the summer 12


Standards Digest 13 Leases


Workplace 14 Business Etiquette 14 Profile 14 News 15 Management 16 Leadership 19


Technophilia 26


Do You Have Imposter Syndrome? 25


On the Money 50 Financial News and Advice 50


Personal Finance Cheat Sheet — 2016 52


Fraud 54 Scams and Shams 54


The Land of Milk and Honey — and Startups 56


After Hours 58 Profile 58 Wine 59 Health 60 Book Review 61 Travel: Kazakhstan 62


JUNE/JULY 2016 | CPA MAGAZINE | 1


Cover: Anne Velone


This page: Christian Fleury

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