Contents include: Letter from the President Alan A. Rugman; Letter from the Program Chair Yves Doz; An Afternoon Stroll in Quebec City; AIB Pre-Conference Teaching Roundtables information; Award Nominations; An Overview of the 2005 AIB Annual Meeting; Select Results from the October 2004 Member Survey; John Fayerweather Remembered; Call for Papers annoucements for both the Midwest AIB Conference and a focused issues of JIBS; Just off the Press; news for members; and a Request for Proposals for AIB Annual Meetings for 2008-2010.