Notes from the 2014 Annual General Meeting

SUMMERSIDE, PEI, October 17, 2014 – Collège de l'Île held its Annual General Meeting (AGM) at the Centre Belle-Alliance in Summerside on October 16. The Collège took the opportunity to announce its second consecutive financial surplus, to reflect on the past year and to elect several members to its Board of Directors, including a new Executive.

After having an accumulated deficit of over $49,000 at the end of the 2012 fiscal year, the Collège recorded a surplus of over $146,000 on March 31, 2013. The Collège's President, Mr. Donald DesRoches, was happy to present to the AGM a surplus for a second consecutive year. This year the figure was $56,000. "In a situation where we need to reduce expenses while improving quality indicators, we face major challenges. Despite large investments in staff training, the Collège has a second surplus in a row and will be able to create a reserve fund."

In the past year the Collège has also been able to diversify its pool of students. "During the past few years, the challenge facing the Collège has been to put governance, finances and management practices on a healthier footing while improving quality and diversifying its clientele. The Collège's clientele has never been as diverse as it is this year. Graduates from immersion programs, immigrants and recent high school graduates are replacing the institution's traditional pool, Francophone adults." Mr. DesRoches added.

A new Executive was elected at the AGM. Sue LeMaistre becomes Chair and Alex Robert, Secretary-Treasurer. Patricia Richard remains Vice-Chair. Several positions on the Board of Directors were also filled: Edgar Arsenault, representative of the economic sector; Cécile Arsenault, community representative; Robert Bullen, representative of the teaching staff; Mackenzie Gallant, student representative. The other Board members are: Stéphane Parent, Aubrey Cormier, Gary Doucette, René Hurtubise, Susan MacKenzie, Jake Baird and Donald DesRoches.

In the coming year, an important responsability for the Collège will be strategic planning. "The Board wants to identify essential partners and strengthen relationships that will help to maintain French-language postsecondary education in the province. A subcommittee will recommend actions for the next few years. Our path will include as many challenges as it does good business opportunities." Mr. DesRoches concluded.

Collège de l'Île's 2014 Annual Report is available by clicking HERE.

Collège de l'Île is the only postsecondary French-language institutionin Prince Edward Island. With three learning centres in DeBlois, Wellington and Charlottetown, the College offers regular programs, customized training and training based on labour market needs. It offers a stimulating, student-focused learning environment that uses cutting-edge technology.


Photo: Donald DesRoches, President of Collège de l'Île; Patricia Richard, Vice-Chair; Sue LeMaistre, Chair of the Board of Directors; and Alex Robert, Secretary-Treasurer of Collège de l'Île

For more information:
Tina Robichaud
This email address is being protected from spambots. You need JavaScript enabled to view it.Second Surplus in a Row for Collège de l'Île