Staff and Council are tasked with looking out for the well-being of Equity and its membership in addition to the smooth operation of the Association. At this time, it’s important to remember how staff and Councils past made sure we were as financially well-prepared as possible for the moment we now find ourselves in. In the early 80s, then-Executive Director Graham Spicer conceived of the Stabilization Fund in case of job action. Eventually, growing to over $2,000,000, the Stabilization Fund ensured the continuation of services in the case of a sudden drop in revenue. Former Treasurer John Mac Master remembers: “Over the years, some Councillors and other members would propose that we should spend down the Fund to provide more service to the members. There were always excellent ideas on ways to provide service or assistance to the members with the Fund. But ultimately, for the years I was involved on Council, we always found ways to fund new initiatives without depleting the Stabilization Fund.”