|March 29, 2012||CPA CANADA UPDATE|
In January 2012, the national CA, CMA and CGA bodies issued A Framework for Uniting the Canadian Accounting Profession under the new Canadian Chartered Professional Accountant (CPA) designation. Since then, most of the provincial bodies, boards and councils of the three accounting bodies have engaged members and stakeholders in discussing the framework. Collectively, the decisions that are made will determine the future of the Canadian accounting profession.
This newsletter is the first in a series of regular briefs designed to keep you up-to-date on the latest developments, including the decisions of the provincial bodies and related unification news. You’ll also find links that lead to more details about each item on the CPA Canada website – your national source for timely, complete information about the unification process.
March 28, 2012
In October 2011, the three accounting orders in Quebec announced that their boards of directors had recommended unification of the province’s accounting profession to the Office des professions du Québec. On March 28, 2012, legislation was tabled before the Quebec National Assembly to create the new Ordre des CPA du Québec. Once enacted, this bill will create the future CPA-Quebec Ordre, which will have 35,000 members. More >
March 15, 2012
During early March 2012, Manitoba CAs and CMAs were invited to cast advisory votes on the January 20, 2012 proposal to unify their two bodies. Early results of the vote announced by the respective bodies indicated CA and CMA support for unification. Detailed results later released by CA Manitoba show that 59.5 percent of the 1,414 CA members who cast ballots (48.7 percent of the entire membership), voted to support the proposal. As in most provinces, the final decision rests with the provincial government after it takes into account all factors, including the advisory vote’s results. More >
March 15, 2012
Following the withdrawal of the Institute of Chartered Accountants of Alberta from the unification process in February 2012, the boards of CGA and CMA Alberta confirmed to their members that they would move ahead with two-way unification planning. The two bodies added that they remain open should the Alberta CAs decide to re-join the discussion. More >
January — March 2012
More provincial institutes present unification proposals
In addition to Manitoba, a number of other provincial institutes issued unification proposals to their members: