Melanie E. Russell


Ph: 416-488-9590 Ext 225

Melanie is the founder of Kalex Valuations Inc. and began professional practice in 1985, which includes several years of industry experience. Throughout her professional career she has been involved in many assignments for a variety of public and private companies of various sizes and across many industries, obtaining her training at two of the largest international accounting firms in the industry. Melanie placed second in Canada on the CICBV membership examination. She founded Kalex Valuations Inc. in 1996.

Ms. Russell has been active in teaching business valuations and related topics since 1987 at various universities and professional organizations, and runs the premiere preparatory course for CBV students in Canada taking their national Membership Qualification Examination. She has written various articles, taught professional courses and had many public speaking engagements on matters relating to business valuations and related topics.

Melanie has qualified as an expert in the areas of business/asset valuation, quantification of damages, income determination and forensic accounting. She has testified as an expert in business valuations in the Ontario Court of Justice and the Ontario Superior Court, and for the Investment Dealers’ Association and the Discipline Committee of the Institute of Chartered Professional Accountants of Ontario, as well as in alternative dispute forums.

Professional Designations

  • Chartered Accountant (CPA, CA)

  • Chartered Business Valuator (CBV) – second highest mark in Canada

  • Certified Investment Manager (CIM)

  • Certified Fraud Examiner (CFE)

  • Certified in Financial Forensics (CFF)

  • Accredited in Business Valuations (ABV)

  • Certificate Program in Dispute Resolution

  • Collaborative Family Practice


  • CPA Canada

  • CPA Ontario

  • Canadian Institute of Chartered Business Valuators

  • National Association of Certified Fraud Examiners

  • Family Dispute Resolution Institute of Ontario

  • Estate Planning Council of Toronto

  • ESOP Canada

  • Family Dispute Resolution Institute of Ontario (FDRIO)

  • Ontario Expropriation Association 

  • Collaborative Practice Toronto

  • York Collaborative Practice 

  • International Academy of Collaborative Professionals 

  • M&A Club Toronto

  • Association for Corporate growth 


  • Bachelor of Commerce (Honours) – University of Manitoba



"On behalf of CPA Ontario’s student recruitment team I’d like to thank you again for representing the CPA designation as the keynote speaker at Jr. Achievement of Central Ontario’s ‘Student Interview Night’.

Your keynote address was received very well by students / JA staff and received quite a bit of praise from students who approached the CPA Ontario booth.

I hope you also enjoyed the experience judging a company program award and the event in general.  We really appreciate the time our members take out of their busy schedules to help our team have meaningful interactions with students who may be interested in pursuing a CPA designation."

- Jordan Cukier
Student Recruiter


Saskatoon - October 17, 2019

Winnipeg - October 18, 2019

Ottawa - October 23, 2019

Burlington - October 24, 2019

London - October 25, 2019

Markham - October 30, 2019

Toronto Downtown - October 31, 2019

Calgary - November 13, 2019

Edmonton - November 14, 2019

Vancouver - November 15, 2019


For further information contact Melanie at

Kalex Valuations Inc.

133 Lowther Avenue

Toronto, ON, M5R 1E4

Ph: 416-488-9590


Kalex Valuations Inc. Northwest

100 Cedar Bush Drive

Southampton, ON, N0H 2L0

Ph: 226-256-8393