VANCOUVER, Sept. 24 /CNW/ - Canada's next government will need vision and
determination to successfully lead the country through a period of global
economic turbulence and mounting domestic challenges, says the Certified
General Accountants Association of Canada.
In an Open Letter to the leaders of Canada's five major political
parties, Anthony Ariganello, President and CEO of the Certified General
Accountants Association of Canada (CGA-Canada), identifies five areas the
association believes must be addressed.
The letter, detailing the policy recommendations in full, can be found on
the association's Federal Election 2008 site at cga.org/canada.
- Fiscal prudence: CGA-Canada supports balanced federal budgets,
keeping program spending growth below economic growth and reducing
the debt according to a multi-year debt-to-GDP ratio plan. It also
believes that a $3-billion contingency fund should be part of the
annual federal budget to help cushion Canada from unanticipated
- Competitive taxation: The next government should simplify Canadian
tax law and the tax system. It should also keep business and personal
taxes on a downward track so that Canada's rates are internationally
- Improved inter-provincial trade: Barriers to the free movement of
trade and services hurt all Canadians and cost Canada's economy up to
$14 billion annually. The next government must do more to establish
an open, efficient and stable domestic market.
- Efficient and effective regulation: The new government must work to
reduce the regulatory burden on small and medium-sized enterprises
- Skills and learning strategy: Working with the provinces and
territories, the next government must develop and implement a
comprehensive Canada-wide strategy to address skills shortages and
CGA is the fastest-growing accounting designation in Canada. The CGA
designation focuses on integrity, ethics and the highest education
requirements. Recognized as the country's accounting business leaders, CGAs
provide strategic counsel, financial leadership, and overall direction to all
sectors of the Canadian economy.
The Association sets standards, develops education programs, publishes
professional materials, advocates on public policy issues, and represents CGAs
nationally and internationally. The Certified General Accountants Association
of Canada represents 71,000 CGAs and students in Canada, Bermuda, the
Caribbean, Hong Kong and China.
For further information:
For further information: Taylore Ashlie, Director, Communications,
CGA-Canada, Telephone: (604) 605-5055, Cell: (604) 307-0212, Email: