The Appraisal Institute of Canada (AIC) announced the election of Richard Colbourne, of Halifax, Nova Scotia as AIC’s National President for 2017-2018. Colbourne was formally inducted during the 2017 International Valuation Conference held from June 8 - 11 in Ottawa, Ontario, the AIC announced in a press release.
Colbourne is currently the senior director Valuation, Property Tax and Training with Young and Associates Real Estate Appraisals and Consultants Ltd. with offices in Bridgewater and Truro, Nova Scotia. He received his AACI in 1994 and has specialized in property tax assessment, valuation and consulting, while previously holding leadership positions in property assessment and taxation with a municipality and two provincial governments.
“I’d like to thank Dan Brewer for all his hard work and leadership as AIC President and I look forward to working with him as he continues to be part of the Executive Committee in the role of past-president,” Colbourne said in the release.
Colbourne had a long career with the Government of Canada including experience as a senior real estate advisor, regional chief appraiser and most recently regional manager of the Payment in Lieu of Tax Program for Atlantic Canada. His career has given him the opportunity to work in most provinces across Canada.
The newly-elected president has a broad knowledge of the valuation of all types of residential, multi-residential, commercial, industrial and special purpose properties. Colbourne is a past-president of the Nova Scotia Real Estate Appraisers Association and currently sits on that Board as the AIC director for Nova Scotia, the release said.
“I am honored to be the new AIC president – especially as we enter into its 80th anniversary as the preeminent professional valuation association in Canada. I plan to continue to build on its proud history and reputation as the appraisal professionals of choice within Canada,” Colbourne said.
Joining Colbourne on the AIC Executive Committee are:
- Thomas Fox-Vice-President – Saskatchewan
- Peter McLean- Vice-President – Ontario
- Dan Brewer-Fellow - Past President – Ontario
- Keith Lancastle-Chief Executive Officer, Non-voting member
The complete list for the 2017/2018 Board is as follows:
- Richard Colbourne-Nova Scotia
- Dan Brewer-Fellow, Ontario
- Thomas Fox- Saskatchewan
- Peter McLean- Ontario
- Craig Barnsley-British Columbia
- Dan Jones-British Columbia
- John Manning-Alberta
- Ernie Paustian- Alberta
- Darrell Thorvaldson-Manitoba
- Paula Malcolm-Schaller-CRA, Ontario
- Georges Semine-Quebec
- Mike Kirkland-Newfoundland
- Jan Wicherek-Prince Edward Island
- Adam Dickenson-New Brunswick
The AIC also recognized exceptional volunteers during the annual conference. Several awards were also presented during the 2017 International Valuation Conference, including the AIC’s highest honour, the Fellow, awarded to three AIC Designated Member who have emulated AIC’s values and integrity in every facet of their career. This year’s recipients include:
- Dan Brewer- Fellow of Ontario
- Greg Wilkinson-Manitoba
- Charles Hardy-Fellow of Nova Scotia
An honourary AACI was also awarded to several non-members who have made a significant contribution to the Institute including Andre Gravel and John Bridal from the University of British Columbia who have played an integral role in the delivery of AIC’s Program of Professional Studies.
President Citations were awarded to several of AIC’s long-standing volunteers, including:
- Glenn Fletcher
- Terry Brooke
- Philson Kempton
Top Appraiser “Under 40” awards were presented to two exceptional young valuation professionals, including:
- Tyler Beatty
- Farah-Martine Dai