We held our annual meeting on September 15, 2024, in Wendake. This was the main highlight of our last fiscal year, which ended on June 30. It was then decided to make certain changes to the membership fees charged to AFB members to address the increased printing and distribution costs of our magazine, Le Monde Berrubey (LMB). These changes are now in effect.
Thus, there is an increase in the membership fee for Canadian members who wish to receive the paper format ($30 instead of $25 for one year, $55 instead of $45 for two years), but no change for Canadian members who receive the LMB in electronic format.
As for American and French members , the rate remains unchanged for the paper format due to the exchange rate, but they benefit from a reduction in the contribution when they receive the electronic format, which reduces our costs.
Please note that for life members, an annual contribution of CA$20, US$24 or €26 is required, depending on their country of residence, to receive the paper version of Le Monde Berrubey .
We are also ending the year with a slight surplus compared to the 2023-2024 financial year. The surplus is even smaller than it appears in the balance sheet published in the Fall issue of the LMB. Indeed, the invoice for the last issue of Le Monde Berrubey , the summer one, having not yet reached us by June 30, the payment will be included in the next balance sheet which will cover the results for the year 2025-2026.
If there is no deficit this year, unlike in recent years, it is largely because we received higher investment income, particularly in February and June. In addition, since the Fédération des associations de familles du Québec (FAFQ) voted to grant a contribution holiday to family associations for the year 2025, all that remained to be contributed to the FAFQ were internet and post office box fees, plus the $50 per year insurance for directors’ civil liability.
At its general meeting last May, the FAFQ also decided to dissolve before the end of 2025, which will result in a redistribution of its assets among member associations. The amount to be received should offset the significant reduction in our interest income in 2025-2026.
