Professional matters: news and views for members — September 2015

CPA Canada extends its global reach through new agreements, while unification legislation is proclaimed in Alberta and Nova Scotia.


Provincial updates

CPA legislation was proclaimed in Alberta and Nova Scotia on July 1 and in British Columbia on June 24. Manitoba’s Chartered Professional Accountants Act received royal assent on June 30; proclamation is expected in the fall.

Get all the unification news at


We’re saving for their education, but not through RESPs

We’re saving for their education, but not through RESPs

Source: CPA Canada telephone survey of 301 Canadians with children under 18, conducted by Nielsen from Oct. 14 to 30, 2014. Summary report available from


Canadians make an international impact

In June, CPA Canada officially announced its memorandum of cooperation with the Korean Institute of Certified Public Accountants, formalizing its intention to collaborate in areas of joint interest, including education, ethics, regulation and standards.

In May, CPA Canada signed a memorandum of understanding with the UK’s Chartered Institute of Public Finance and Accountancy to support excellence in public sector financial management.

Brian Hunt, CEO of the Canadian Public Accountability Board, was also appointed vice-chair of the International Forum of Independent Audit Regulators.


Fiscal 2014-15: historic change

CPA Canada’s annual report, Making a Difference, tells a great story. The Canadian accounting profession made history when CGA-Canada joined CPA Canada, creating a national accounting body of 190,000 professional accountants. CPA Canada now has the influence, recognition, resources and reach to deliver more to members, students, other stakeholders and the public. Download a copy at

“The strategy establishes a financial literacy playbook for the country”

— Cairine Wilson, Vice-president, corporate citizenship, CPA Canada, on the new national strategy for financial literacy, June 2015