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Members of the Certified General Accountants of Ontario have given their association an overwhelming mandate to join the Chartered Professional Accountants of Ontario, clearing the f inal hurdle in Ontario's quest for a fully unified accounting profession.
"The Ontario news is exciting," said Kevin Dancey, president and chief executive officer of CPA Canada in Toronto. "Selling a long-term vision is never easy but it is becoming a reality."
The support was nearly unanimous, with 97 per cent of CGA Ontario's voting members agreeing to join their chartered accountant and certified management accountant colleagues, far exceeding the two-thirds threshold required under CGA Ontario bylaws. Just over half of the Association's members - 54 per cent - participated in the vote.
"I was so pleased to see the level of engagement with the membership," said Doug Brooks, chief executive officer of CGA Ontario in Toronto. "I think they were well informed. In the forums they were asking really good questions, and obviously felt that we had the right circumstances to move forward."
Members of CPA Ontario participated in a non-binding vote, with 64 per cent supporting the proposed unification agreement, and another 10 per cent agreeing to let council decide. Provincial CAs and CMAs had joined forces in the new organization earlier in the year. Members from all three legacy bodies can now use the CPA designation in addition to...