Stakeholder Advisory Council

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Act & Rules > Stakeholder Advisory Council

The Stakeholder Advisory Council (SAC) was established by the Canadian Payments Association (CPA) in 1996 on a voluntary basis and formalized in the Canadian Payments Act in 2001. The SAC provides advice to the CPA Board of Directors on payment, clearing, and settlement matters, and contributes input on proposed initiatives, including by-laws, policy statements, and rules that affect third parties. It also identifies issues that might concern payment system users and third-party service providers, and suggests how they could be addressed.

The SAC meets at least three times a year. In addition, SAC representatives serve on the Advisory Committee on CPA Policy and Regulatory Matters and the Conference Program Advisory Committee.

Composition

The SAC has a maximum of 20 members and is broadly representative of users of the payment system and service providers to it. The General By-law stipulates that a minimum of 12 members represent payments system users, including at least:

two representatives of consumers;
one representative of the retail sector;
two representatives of governments; and
one representative of the treasury and cash management sector.

A minimum of one member represents service providers to the payments system. Two positions are allocated to CPA Board members to facilitate the exchange of ideas between stakeholders and the Board. The remaining seats are open to either payments system users or service providers.

Appointment Process

The CPA Board of Directors, in consultation with the Minister of Finance, makes three-year appointments to the SAC and they are staggered to ensure continuity. Those considered for the positions represent the interests of stakeholders of the payments system based on the following criteria:

Preference is given to stakeholders whose interests are national in scope;
For payments system users, preference is given to associations that represent a broad constituency or, in the absence of such a body, to those representing the interests of a prominent firm within the industry; and
For service providers to the payments system, preference is given to associations that represent the broad interests of participants in the industry, or in the absence of such a body, to those representing the interests of a prominent firm within the industry.

In the event that the number of qualified stakeholders exceeds the number of seats available on the SAC, the Board may take into account the following additional criteria:

Stakeholders’ current representation on the SAC;
The degree of reliance of the stakeholder’s activity on the payments system;
The level of research and development undertaken by the stakeholder; and
The stakeholder’s affiliations or experience with international payments systems.

Members

The members of the SAC as of April 1, 2012 are as follows:

Chair
Ronald Matthews, Association of Financial Professionals of Canada (Imperial Oil Limited)

Vice Chair
Philippe Visintini, ADP Canada

Members

Jeff van Duynhoven, CPA Board of Directors (TD Bank)

Jean-Guy Lavoie, CPA Board of Directors (La Caisse centrale Desjardins du Québec)

Taylore Ashlie, Certified General Accountants Association of Canada

Murielle Boucher, Public Works and Government Services Canada

David Farnes, Canadian Wireless Telecommunications Association

Stephen Frank, Canadian Life and Health Insurance Association

Caroline Hubberstey, Interac Association