CPA Ontario and CGA Ontario Sign Unification Agreement
On June 23, the Chartered Professional Accountants of Ontario and the Certified General Accountants of Ontario have signed the Second Unification Agreement in support of unification of the accounting profession in Ontario. The two Unification Agreements (CPA Ontario and CMA Ontario signed the First Unification Agreement in April 2014) outline the process to unify the functions and operations of the three bodies while respecting the statutory duties of each.
Together with our partners at the national and provincial levels, our combined 80,000-plus members are now part of a unification movement that represents all of Canada’s more than 185,000 designated accountants.
- Final unification will come with the introduction of a new Chartered Professional Accountants Act, which will create a renewed CPA Ontario combining the members, staff and resources of the three legacy bodies.
- CPA Ontario will seek a Chartered Professional Accountants Act from the Province of Ontario as soon as possible.
- CGAs’ member certificates will be issued this summer.
CPA Ontario and CGA Ontario release agreement of key terms to their members
May 1, 2014
Today, the leadership of the Chartered Professional Accountants of Ontario (CPA Ontario) and the Certified General Accountants of Ontario (CGA Ontario) released the Unification Agreement – Key Terms to their members. The Council of CPA Ontario and the Board of CGA Ontario together developed and approved this agreement. If approved by members, it will set the stage for completing unification in Ontario. The member vote will be held in early June. As the Canadian accounting profession is provincially regulated, unification proposals and related decisions must be made at the provincial level. Significant changes to the profession, such as unification, ultimately require legislative approval by the provincial government.
Read the Member Communication
Read Ontario’s Unification Agreement – Key Terms
Learn more about the upcoming vote and register for a town hall
- July 9, 2014 — Three Nova Scotia bodies enter merger agreement and request new legislation
- July 4, 2014 — Unification attracts international attention as Kevin Dancey is interviewed in HKICPA magazine
- July 3, 2014 — Yukon accounting bodies sign merger agreement
- June 26, 2014 — CPA Manitoba Joint Venture appoints chief operating officer
- June 18, 2014 — CPA Saskatchewan CEO announced
- June 17, 2014 — New by-laws in Prince Edward Island allow members to use CPA designation
- May 26, 2014 — Nova Scotia’s three accounting bodies moving forward with merger agreement
- May 22, 2014 — CPA Bermuda legislation receives passage and amended Act now in effect
- April 29, 2014 — CPA New Brunswick Legislation receives passage
- April 10, 2014 — CPA Saskatchewan legislation receives passage