David Veld

David Veld

Partner, National Pension and Benefits Leader

CPA, CA

BDO Burlington

905-633-4917

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Executive Summary

David is the GTA Group Service Line Leader for Assurance & Accounting (A&A). With over 16 years of experience, David provides assurance, accounting and advisory services to clients in multiple sectors, with a specialization in pensions and other employee benefit funds. In addition, he has significant experience working with various labour organizations as well as manufacturing and distribution companies.

Considered a thought leader in the pension and benefits sector, David is the Chair of the Financial Services Commission of Ontario Pension Accounting and Assurance Advisory Committee. He is also a regular speaker at pension and benefit industry conferences and has authored numerous publications for this industry sector.

Presenter at the IFEBP Annual Canadian Employee Conference: “Health and Welfare Trusts – Is Your Fund at Risk of Losing Its Status?”
Presenter at the IFEBP Annual Canadian Employee Conference: “Taxation of Health and Welfare Trusts”
Presenter at the IFEBP Annual Canadian Employee Conference:  “Payroll Audits vs. the Qualified Audit Report”
Presenter at the IFEBP Canadian Legal and Legislative Update: “Accounting Changes: What Will They Mean to Your Pension Plan”
Member of the Editorial Advisory Panel for the Plans & Trusts industry publication
Co-authored chapter in Employee Benefits in Canada – 4th Edition, “Understanding Accounting, Actuarial and Investment Reports”
Author of BDO’s submissions to regulatory bodies with respect to changes to accounting standards for pension plans in Canada and changes to tax rules for health and welfare trusts

Professional Affiliations

Chair, Financial Services Commission of Ontario (FSCO) Pension Accounting and Assurance Advisory Committee
Member, International Foundation of Employee Benefit Plans (IFEBP)
Member, Burlington and Oakville Chambers of Commerce
Participant, Accounting Standards Board (AcSB) Strategic initiatives with respect to pension plan accounting standards
Expert witness, Ontario Labour Relations Board hearing (2015)
GTA Group Service Line Leader, Assurance & Accounting, BDO Canada
Co-Leader, BDO’s National Pension & Benefits Group

Professional Designations & Education

Chartered Professional Accountant (2002)
Chartered Professional Accountant, Ontario (2002)
Bachelor of Business Administration, Wilfrid Laurier University (2000)

Community Involvement

Burlington and Oakville Chambers of Commerce
Burlington Chamber of Commerce Political Action Committee

insights

September 28, 2015

Health and welfare trusts - are you at risk of losing your status?
In July, 2015, the CRA updated their administrative policies for Health and Welfare Trusts. There may be aspects in the new policies that may cause concern for HWTs, including fund surpluses and the possibility of a fund losing its status. To better understand the changes and how fund administrators can proactively address the concerns, read our latest publication here.