CPA Ontario and CGA Ontario vote to support unification

On June 18, the Chartered Professional Accountants of Ontario (CPA Ontario) and the Certified General Accountants of Ontario (CGA Ontario) announced that their members have voted to support the unification of the accounting profession in Ontario.

CPA Ontario had 23 per cent of members vote, with a 64 per cent majority supporting the Unification Agreement – Key Terms and 10 per cent voting to let Council decide. CGA Ontario had 54 per cent of their members vote, with 97 per cent supporting the agreement. Members of CMA Ontario voted last year in support of unification and became members of CPA Ontario in April 2014.

The combined 80,000-plus Ontario membership is now part of a unification movement that represents all of Canada’s more than 185,000 designated accountants. This is a significant achievement, one which brings the opportunity for a united accounting profession to speak on behalf of the public interest and its members. The leadership of CPA Ontario and CGA Ontario will soon sign a unification agreement and begin working to integrate the organizations. CPA Ontario will seek a Chartered Professional Accountants Act from the Province of Ontario as soon as possible.