He is a Partner with Chan & Ip, Chartered Accountants of Markham, Ontario specialising in financial reporting and compliance for Canadian private companies in various industries. He is also the managing director of a private investment company and serves as the treasurer of a not-for-profit organization based in Toronto. Mr. Ip received a B.Sc. from McMaster University in 1986 and a master degree in accounting from the University of Waterloo in 1991. Mr. Ip qualified as a Certified Management Accountant in 1991 and qualified as a Chartered Accountant in 1992.