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PRIME MINISTER ANNOUNCES APPOINTMENT OF AUDITOR GENERAL OF CANADA

May 31, 2001
Ottawa, Ontario

Prime Minister Jean Chrétien today announced the appointment of
Sheila Fraser, FCA, of Ottawa, Ontario, as Auditor General of Canada.

Mrs. Fraser, who joined the Office of the Auditor General two years ago as Deputy Auditor General of Canada, has been performing the duties of Auditor General on an interim basis since April 1, 2001. From 1972 to 1998, she held a variety of positions of increasing responsibility at Ernst & Young, becoming a Partner in 1981. Mrs. Fraser is the first woman to be appointed to this position.

Mrs. Fraser succeeds Denis Desautels, whose term expired on March 31, 2001.

On behalf of all Canadians, the Prime Minister took the opportunity to thank Mr. Desautels for his dedication and professionalism during his tenure as

Auditor General of Canada, and to wish him well in his future endeavours.

This appointment is effective immediately. A biographical note is attached.

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PMO Press Office: (613) 957-5555

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SHEILA FRASER

Mrs. Fraser was born on September 16, 1950. She earned a Bachelor of Commerce degree from McGill University in 1972. She became a Chartered Accountant in 1974 and an FCA in 1994.

Sheila Fraser was appointed Interim Auditor General of Canada effective April 1, 2001. She has been Deputy Auditor General, Audit Operations Branch since January 1999.

Before joining the Office of the Auditor General, Mrs. Fraser enjoyed a fruitful and challenging career with the firm of Ernst & Young, where she rose to partnership in 1981. In the Quebec City office she was responsible for a wide range of clients in both the private and the public sectors. She participated in several assignments with the Auditor General of Québec as well as with several departments of the Government of Québec.

Mrs. Fraser has always been active in her profession, at both the provincial and national levels. For her noteworthy service to the auditing and accounting professions, she was awarded the designation "Fellow" by the Ordre des comptables agréés du Québec in 1994 and the Institute of Chartered Accountants of Ontario in 2000. She is also a recipient of the Governor General’s medal commemorating Canada’s 125th anniversary, and a member of the Public Sector Accounting Board of the Canadian Institute of Chartered Accountants.


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