Auditing and Assurance Standards Oversight Council

Voting members

Bruce Winter – Interim Chair
Ian Bandeen
Carol Bellringer
Kathryn Bewley
Donna Bovolaneas
Sheila Filion
John Gordon
Janet Grove
Cameron McInnis
Kevin Nye
Carol Paradine
Neil Sinclair
Karen Stothers*
John Walker
Bruce West


Bruce Winter, FCPA, FCA
Appointed: April 1, 2015
Term expires: March 31, 2019

Bruce Winter is retired, having spent 35 years in public accounting.  He was an audit partner with PwC LLP in Toronto where his client base was focused on larger, multinational clients.  His experience included work with private and public companies in various industries, both in Canada and globally.  

Bruce was a member of the International Auditing and Assurance Standards Board from 2012 to 2014. He was a member of the Canadian Auditing and Assurance Standards Board beginning in 2007, serving as Vice-Chair from 2008 to 2010 and Chair from 2010 to 2012. Bruce has taken an active role in the volunteer community, having held senior roles with the Shaw Festival Theatre and the Canadian Cancer Society (Ontario Division). He is currently a director of St. Joseph’s Health Care Centre, Toronto and was appointed a member of the Governing Council of the University of Toronto effective July 1, 2015.

Bruce holds a Bachelor of Commerce from the University of Toronto, became a Chartered Accountant (now CPA) in 1979 and was awarded an FCA in Ontario in 2003. 

Bruce lives in Etobicoke.


Ian Bandeen, LL.B, BCL
Appointed: April 1, 2017
Term expires: March 31, 2020

Ian BandeenIan Bandeen is a financial consultant specializing in capital markets. A Founding Director in 2002 of the National Angel Capital Organization (NACO), he is currently their Co-Chair. Ian is also a co-founder and Chairman of Wantfolio Group Inc.

In 2001, he was the co-founding Chairman of CNSX Markets Inc., operator of both the Canadian Securities Exchange (CSE) as well as Pure Trading, and served as their CEO from 2005 until 2011. Prior to this, Ian co-founded the Canadian Mortgage-Backed and Asset-Backed Securities markets in 1986 and 1990 respectively and retired in November 1999 from his role as Managing Director & Global Head of Securitization and Structured Finance at BMO Nesbitt Burns Inc. 

From 1996 to 2005 Ian was a Director at the Robarts Research Institute where he served as Chairman of their Business Development Committee and as such oversaw their various commercialization initiatives. A past Director of the Toronto International Film Festival Group from 2001 to 2013, he is a member of the Advisory Board for the Faculty of Law at McGill University as well the Hot Docs Board Finance Committee. Ian also became a Director of the Art of Time Ensemble in 2013 and is a Founding Director of the Myseum of Toronto. In addition to an Honours BA (Economics) from Queen’s University, Ian has earned an L.L.B. and a B.C.L. from McGill University.

Ian lives in Toronto.


Carol Bellringer, FCPA, FCA
Appointed: April 1, 2015
Term expires: March 31, 2021

Carol Bellringer is the Auditor General for the Province of British Columbia and former Auditor General for the Province of Manitoba. Carol possesses an extensive background in conducting financial statement audits, performance audits and investigations. A Chartered Professional Accountant (CPA), Ms. Bellringer holds a Bachelor of Commerce from Concordia University and an MBA from the Warsaw School of Economics, L'Université du Québec à Montréal. She also was named a Fellow of the Chartered Accountants of Manitoba in 2006 in recognition of her contributions to the community.

Prior to leading the Offices of the Auditor General in Manitoba and British Columbia, Carol served as the City Auditor for the City of Winnipeg, and has held management positions with KPMG in Montreal, Toronto and Winnipeg, and with Media One International in Warsaw, Poland. She is also a former Director of Private Funding at the University of Manitoba.

Carol lives in Victoria.


Kathryn Bewley, PhD, CPA, CA
Appointed: April 1, 2017
Term expires: March 31, 2020

Kathryn BewleyDr. Kathryn Bewley has been a professor of accounting and auditing at the Ted Rogers School of Management, Ryerson University since 2010 and previously was on faculty at York University since 1991. Kathryn received her undergraduate degree from the University of Toronto, MBA from York University, and PhD in Accounting from the University of Waterloo. She is a member of CPA Ontario and began her career in auditing with Clarkson Gordon in Toronto. She has published research articles in professional and academic journals, with her main focus on the impact of regulations on the information companies report and how people use that information, and a particular interest in environmental reporting. She also co-authored four editions of a leading auditing textbook, starting in 2007. Kathryn was a member of the Auditing and Assurance Standards Board from 2006 to 2009.

Kathryn lives in Port Perry and Toronto.


Donna Bovolaneas, FCPA, FCA
Appointed: April 1, 2017
Term expires: March 31, 2020

Donna BovoleaneasDonna Bovolaneas is retired after a long and diverse career focused primarily on financial reporting and audit quality.  Between 1982 and 1999 she headed the Bank of Nova Scotia’s first global accounting policy group and, during the period of major financial sector reform, its financial sector policy unit. Donna was also seconded to the CICA (now CPA Canada) from 1992 to 1994 to assist in the development of specialized accounting standards for financial institutions. 

In 1999 she joined the Office of the Superintendent of Financial Institutions (OSFI) as head of OSFI’s newly created Accounting Policy Division. Donna was appointed to the Secretariat of the Basel Committee on Banking Supervision in 2004 and in 2005 became the first Secretary General of the Public Interest Oversight Board where she served until 2009. She remains actively engaged in corporate governance activities and serves on the Board of Directors of Vestcor Inc., a New Brunswick provider of pension investment management, advisory and administration services to the public sector, and the Board of Governors of the New Brunswick Community College.

Donna qualified as a Chartered Accountant (now CPA) in 1972 and in 2011 was awarded an FCA (now FCPA) in Ontario. She holds a Bachelor of Arts degree in Russian from McMaster University.

Donna lives in Beaver Harbour.


Sheila Filion, CPA, CA
Appointed: April 1, 2017
Term expires:  March 31, 2020

Sheila FilionSheila Filion is an assurance partner with Virtus Group Chartered Professional Accountants and Business Advisors LLP in Saskatchewan. Sheila has 22 years of experience providing audit, financial reporting and risk advisory services to a wide range of clients.

Sheila currently serves as the Chair of the Public Practice Committee for CPA Saskatchewan, which is responsible for monitoring licensing and public accounting practitioners in the province. She is also a member of the Allinial Global Canadian National Standards Committee.

Sheila has an undergraduate degree from the University of Saskatchewan and became a Chartered Accountant (now CPA) in 1997.

Sheila lives in Lumsden.


John Gordon, CPA, CA, ICD.D, CFA
Appointed: April 1, 2015
Term expires: March 31, 2021

John Gordon has recently retired as the Canadian Managing Partner, Risk Management and from the Management Committee at KPMG Canada. Previously, John was the Office Managing Partner for the Calgary office. John has previously served on the Board of Directors of KPMG Canada, and the audit committee of the Calgary Exhibition & Stampede and the Alberta Adolescent Recovery Centre.

John is an active lecturer and facilitator at various professional programs including the Audit Committee sessions of the Director’s Education Program of the Institute of Corporate Directors, and was previously a member of the Institute of Corporate Directors, Calgary Chapter Executive Committee.

John lives in Calgary.


Janet Grove, LL.B.
Appointed: June 19, 2018
Term expires: March 31, 2021

Janet GroveJanet Grove is a corporate lawyer and managing partner of Norton Rose Fulbright Canada LLP’s Vancouver office. She has earned recognition by Best Lawyers in Canada as a leading lawyer in the areas of Biotechnology Law and Corporate Law and was named as one of Canada Top 100 Most Powerful Women in 2017 by Women’s Executive Network.

Janet is on the board of directors of Phoenix Molecular Designs, a biotechnology company dedicated to developing novel therapies for triple negative breast cancer. She is also a former Chair and director of St. John Ambulance Vancouver Branch, and former director of Canadian Business for Social Responsibility. 

In 2000, Janet joined the legal team at QLT Inc., then an internationally recognized Vancouver company listed on the TSX and NASDAQ, where she was a member of the company’s executive management team. She held a number of roles, including the position of Vice-President and Corporate Counsel, Corporate Secretary, and Business Ethics Officer. She returned to private practice in 2008, where she has continued to help clients with her wide ranging experience in the biotechnology and technology sectors.

Janet lives in Vancouver.


Cameron McInnis, CPA, CA,
CPA (Illinois)
Appointed: September 1, 2010
Term expires: N/A

Cameron McInnis represents the Canadian Securities Administrators on the Auditing and Assurance Standards Oversight Council and is the Chief Accountant of the Ontario Securities Commission. In this role, he is responsible for providing specialized accounting and auditing advisory services to the Commission, its senior management and staff, and market participants. He joined the Commission in 2001 and has served as Manager in its Corporate Finance branch, as well as Associate Chief Accountant at both the Ontario and the British Columbia Securities Commission.

Cameron worked at a major accounting firm for several years before beginning his securities regulatory career in 1999. He obtained his Chartered Accountant designation (now CPA) in 1993 after graduating from the University of British Columbia with a Bachelor of Commerce degree.

Cameron lives in Oakville.


Kevin Nye, CPA, CA
Appointed: April 1, 2018
Term expires: March 31, 2021

Kevin NyeKevin Nye is the President of KGN Consulting, a consultancy practice focused on providing enterprise-wide risk management expertise in areas of risk governance and policy architecture, risk appetite and reporting, operational risk, and other areas.

Previously, Kevin was the Senior Vice President, Enterprise Risk for Group Risk Management, at the Royal Bank of Canada (RBC). He served on the Accounting Standards Oversight Council  from 2005 to 2016, including acting as Chair from 2012 to 2016.

He is currently on the Board of Governors of McMaster University, where he chairs the Audit Committee and is Vice-Chair of the Planning and Resources Committee.

Kevin lives in Burlington.


Carol A. Paradine, CPA, CA
Appointed: April 1, 2018
Term expires: N/A

Carol ParadineCarol A. Paradine is currently the CEO of the Canadian Public Accountability Board and a senior executive leader with 30 years of public accounting experience, including 21 years as a partner in a major international firm. She specialized in assurance and advisory services for public companies as well as complex accounting and financial transactions. Carol served the firm’s Board of Directors and Executive Committee by virtue of her roles as Managing Partner – Leadership Development and Succession, Managing Partner – Prairie Region, and Acting Chief Financial Officer.

Her career is rounded with industry experience as a senior financial officer at a multinational, publicly-traded technology company.

Community service is equally important to Carol, with roles that have included Chair of the Manitoba Chambers of Commerce, President of the Alzheimer Society of Manitoba, and as a board and/or audit committee member of: Alzheimer Society of Canada, Centreport Canada, YMCA-YWCA National Capital Region, Innovate Manitoba, Harmony House, Carleton University School of Commerce.

She has also served on Auditing and Assurance Standards Board task forces, and as a member of the Professional Conduct Committee of CPA Manitoba.

Carol lives in Toronto.


Neil Sinclair, CPA, CA
Appointed: April 1, 2018
Term expires: March 31, 2021

Neil SinclairNeil Sinclair is the Managing Partner and Principal Training Officer of Hurren Sinclair MacIntyre  LLP. In addition to his administrative responsibilities, Neil works with clients in the construction and infrastructure sectors, as well as with  not-for-profit organizations to develop appropriate risk management and financial reporting processes.

Neil has worked exclusively in public practice and has held progressive roles providing assurance services to publicly funded clients with Canadian and cross-border financial statement and debt reporting.

Neil holds a Bachelor of Business Administration  from Brock University and received his CA designation (now CPA) in 1992. Neil has held a public accounting licence since 1993.

Neil lives in Ajax.


Karen Stothers, CPA, CA*
Appointed: April 1, 2010
Term expires: N/A

Karen Stothers is the Senior Director, Accounting Policy Division of the Office of the Superintendent of Financial Institutions (OSFI) where she has regulated banks and insurers for over 10 years. In her current role, she is the head of a centre of expertise in accounting and auditing standards, processes for domestic and international accounting, disclosure and auditing policy practices for the regulation of banks and insurers. This centre is the authoritative voice of OSFI with domestic and international liaison parties (for example, standard setters, regulators and auditors), to ensure the ongoing assessment of key national and international accounting, disclosure and auditing standards and trends of significance to regulators. Karen is a member of the Basel Committee on Banking Supervision’s Accounting Experts Group.

From 1989 to 2002, Karen was in the banking industry and was responsible for, amongst other things, the corporate accounting policy and advisory for both Canadian and U.S. standards, auditing, internal and external financial reporting, and regulatory capital reporting and advisory of new capital market products, structures and businesses (including highly structured transactions, credit derivatives, securitizations). She previously worked with one of the big four accounting firms in Canada.

Karen has an undergraduate degree from the University of Toronto and became a Chartered Accountant (now CPA) in Ontario in 1989.

Karen lives in Toronto.


John Walker, LL.B., CPA, CA, CBV
Appointed: April 1, 2017
Term expires: March 31, 2020

John WalkerJohn is an investment banker and finance professional and has held senior management roles with global investment banks working in Canada, the U.S. and internationally. His experience includes practicing M&A/securities law in Canada and the U.S., as well as a background in professional accounting. 

Most recently, John is a co-founder, along with several senior bankers, of a startup cross-border independent investment business focused on evaluating venture capital, private equity and principal investment opportunities, as well as providing strategic, financial advice to clients, primarily in the industrials sector.  Prior to this, he was Managing Director, Deputy Head of Mergers and Acquisitions, North America, with HSBC Securities (USA) Inc. ("HSBC"), based in New York.  John led HSBC’s North American M&A business with overall responsibility for the strategy and financial goals of HSBC’s U.S. and Canadian operations.

John is a professional accountant (CPA, CA) and Chartered Business Valuator.  He is a member of the Corporate Oversight and Governance Board of CPA Canada and has participated as a member of various advisory committees to review and reform the Canada Business Corporations Act and Securities Act (Ontario). John is licensed to practice law in New York State and Ontario, Canada.

John lives in New York.


Bruce West, MBA, FCPA, FCA, C.Dir
Appointed: April 1, 2017
Term expires: March 31, 2020

Bruce WestBruce is currently the Executive Vice-President, Finance and Chief Financial Officer (CFO) of The Co-operators Group, and has been with the organization since June 2007. He is responsible for financial management, strategic planning, enterprise risk management, capital management, actuarial, reinsurance and corporate development for the Co-operators group of companies. Bruce has over 35 years of progressive financial and managerial experience in operations, corporate development, and financial management in the insurance, wealth management, banking and technology sectors.

Bruce was actively involved in the consolidation of the Canadian life insurance industry having worked for London Life, Clarica and Sun Life as well as Canadian Tire Bank.

Bruce’s educational accomplishments include a Bachelor of Mathematics, FCPA, FCA, FLMI designation, and an MBA with a concentration in marketing. In 2009, Bruce obtained the Chartered Director (C.Dir.) designation from The Directors College and in 2011 became Human Resources and Compensation Committee Certified. He also completed the Partners, Directors and Officers program of the Canadian Securities Institute. Bruce is a member of the Financial Executives Institute.

Bruce sits on the board of directors for a number of companies within The Co-operators Group. He also serves on the boards of several partially owned companies.  He is a member of the Dean’s Advisory Council at the School of Business and Economics at Wilfrid Laurier University, and is an Honouree of the School of Accounting and Finance at the University of Waterloo. In 2016 he was recognized as the MBA Alumnus of the Year by the Lazaridis School of Business and Economics at Wilfrid Laurier University.

Bruce lives in Waterloo.



* The appointee from the Office of the Supervisor of Financial Institutions has the right to vote, per AASOC’s Terms of Reference. OSFI has elected not to exercise this right.