Research and development (R&D) is the lifeblood of the economy and provides the innovation that is needed to ensure steady growth. For professions, R&D is a vital component that helps to ensure the currency of the body of knowledge and advance the profession with leading edge technologies to expand the body of knowledge.
The Appraisal Institute of Canada (AIC) encourages research that supports its mission to protect the public interest and support members by ensuring high standards of professional real estate and related property advisory services. In this respect, the AIC’s Research and Development Fund was established to conduct research studies in the field of real property valuation techniques and procedures, with particular emphasis on the effects of current economic development and real property value.
The program identifies high priority research topics on an annual basis and issues requests for proposals to undertake appropriate research and address them. The appraisal community, including Institute members and interested researchers, is encouraged to respond to the Requests for Proposals (RFPs). A limited number of such proposals will be considered and funded annually on the recommendation of the Research and Development Committee and with the approval of the AIC Board.
The research must extend the knowledge of those in the appraisal discipline and must be relevant to the practice of real estate appraisal. The reports resulting from approved research projects will be published by the Institute and disseminated nationally and internationally.
The Research and Development Fund of the AIC is a registered Canadian charitable organization under the Canada Revenue Agency. Donations are accepted from members and non-members alike and are tax deductible.
Donations may be made annually when paying your dues or at anytime throughout the year.
Cheques should be made payable to “R&D Fund of the Appraisal Institute of Canada” and mailed to:
Appraisal Institute of Canada
403—200 Catherine Street
Ottawa ON K2P 2K9
March 17, 2010