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On November 1, 2011, the leadership of CGA Newfoundland and Labrador (CGA-NL) announced to its members that it is joining exploratory discussions with the CA and CMA organizations in Newfoundland and Labrador as part of the ongoing dialogue to explore the merits and feasibility of uniting the Canadian accounting profession. In joining this discussion, CGA-NL has indicated that it agrees with the eight overarching principles developed jointly by the CAs and CMAs and outlined in the position paper released in May. CGA Ontario made a similar announcement in September and on October 4, 2011, the CA, CMA and CGA Orders in Quebec announced that their respective boards of directors have recommended moving forward with the unification of their organizations to establish a new professional accounting order representing more than 34,000 Quebec CAs, CMAs and CGAs. Since then, several other CGA organizations including CGA Canada have joined their respective counterparts in unification talks. This is a significant development for our colleagues in Newfoundland and Labrador. We’ve said throughout the consultation that the door is always open for the CGAs across Canada to enter this discussion and in our consultation many members and other stakeholders told us that it would make sense for the CGAs bodies to be part of the conversation. CA and CMA boards and councils across Canada continue to review the feedback received during the consultation period and will share a summary of the feedback with members and other stakeholders in the coming weeks. As we have said in previous communications, should the national boards and provincial councils agree to move the unification discussions ahead, a formal unification proposal will be prepared for member consideration and support. As always, if you have any questions or comments, please share them with us at CharteredAccountants@icanl.ca or by e-mailing the Board or ICANL staff directly. |
