Canada Helps Foreign-Trained Accountants Enter Workforce
The Government of Canada is funding a project that will make it easier for internationally trained accountants to find work in their field. The Honourable Rob Moore, Minister of State (Small Business and Tourism), made the announcement August 26 on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development.
The Certified General Accountants Association of Canada (CGA-Canada) will receive $990,993 in Foreign Credential Recognition Program funding for its project entitled Foreign Credential Recognition National Harmonization.
“Attracting and retaining the best international talent to address existing and future labour market challenges is critical to Canada’s long-term economic success,” said Minister of State Moore. “Through Canada’s Economic Action Plan, we invested $50 million to improve foreign credential recognition so that newcomers can put their knowledge and skills to work sooner.”
CGA-Canada’s project will create a national online self-assessment tool that will provide timely, fair and consistent evaluations of foreign-trained accountants’ education and work experience. The Association will also work with international accounting bodies whose programs align closely with Canadian standards to develop mutual credential recognition agreements.