In 2013, CPA Canada was established with the goal of uniting the three accounting designations-CA, CGA, and CMA-into one designation: the CPA, or Chartered Professional Accountant. Each province and territory has the authority to regulate the accounting profession within its own jurisdiction, so the legislated bodies controlling the accounting profession across Canada have been voting to unify the profession under the CPA designation. Once each accounting body votes to unify with CPA Canada, the change requires each provincial legislature to pass legislation, so the process has been taking some time.
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What are the advantages and disadvantages of a single unified professional accounting designation in Canada? More information about this proposal is available on the CPA Canada website.