CAPE MEMBERS REJECT A $21.00 INCREASE IN DUES

June 28, 2005

The results of the vote indicate that the CAPE membership is not inclined to support the recommended dues increase.

The results are as follows:

NO 53%
YES: 47%

This recommended increase was designed to address the medium term financial circumstances of the Association. The National Executive must now examine what the short term requirements of the Association are, and develop a plan immediately that will provide the resources that CAPE needs to function.

In the meantime, it is possible that the services that the Association provides may be restructured, in order to work within the confines of the ongoing financial constraints.

"The proposal of a $21.00 increase in dues was made to the membership in order to continue providing existing services and to supplement these services with new initiatives. While 47% of voting members approved of the long term plan, the proposal has been clearly rejected, as 53% of voting members said "no". The National Executive will meet to discuss the organization's options," said José Aggrey, CAPE President.