Education
Speakers: Jody Prohar and Leanne Loranger In this episode, Jody and Leanne discuss the core activities of regulatory organizations, the costs of regulation and Council’s fiduciary duty. Council has a duty to act in the interest of meeting Physiotherapy Alberta’s mandate and to use the funds collected responsibly to fulfill core regulatory activities and our strategic plan. As a large, public organization, Physiotherapy Alberta’s financial situation is reported annually to government and other stakeholders, through our annual report. While no one wants to pay higher fees for registration with the College, many of the costs that the College faces are, if not fixed, not truly malleable either. We discuss how the College sets its annual budget, establishes fees for registration and renewal, and aligns spending with the strategic plan. We discuss some of the new costs the College has been faced with in recent years at 6:26 and touch on non-dues revenue generation and why that is not something Physiotherapy Alberta pursues at 8:45. At the 11:48 mark we discuss the reserve funds Physiotherapy Alberta reports in the annual report and what these funds are used for. Want to know where your fees go? Check out this episode! Resources: Physiotherapy Alberta. Annual Report. Available at https://www.physiotherapyalberta.ca/annual_report Links: Subscribe on Apple Podcasts Subscribe on Google Play Subscribe on Spotify