Media Advisory - Release of New Research Report on Household Debt and Consumption

    VANCOUVER, May 21 /CNW/ - The Certified General Accountants Association
of Canada (CGA-Canada) will release a new research report on the topic of
household debt and consumption entitled Where Has the Money Gone: The State of
Canadian Household Debt in a Stumbling Economy on Tuesday, May 26, 2009. The
report discusses the findings of CGA-Canada's second consumer survey on
household debt and to what extent the current economic crisis has impacted the
household sector.

    The report will be released on:

        Date:       Tuesday, May 26, 2009
        Time:       8:00am ET
        Interviews: Rock Lefebvre, Vice-President of Research and Standards
                    of CGA-Canada will be available for interviews.

    For those media who wish to receive an embargoed copy of the report prior
    to its release date, please contact the media personnel below.

    About CGA-Canada
    CGA is the fastest-growing accounting designation in Canada. The CGA
designation focuses on integrity, ethics and the highest education
requirements. CGAs provide strategic counsel, financial leadership and overall
direction to all sectors of the Canadian economy. There are 71,000 Certified
General Accountants and students in more than 80 countries around the world.
CGA-Canada has affiliates in every Canadian province and territory, in
Bermuda, the Caribbean, and Hong Kong as well as representation offices in
mainland China.
    CGA-Canada's research extends well beyond the subject of accounting and
it aims to protect the public interest, heighten public awareness, and serve
as a factual basis for influencing social and economic policy. Over the years,
CGA-Canada has looked at such topics as aging population, pensions, income
trusts, productivity and competitiveness, federal budgets and, most recently,
household indebtedness.

For further information:

For further information: or to arrange an interview, please contact:
Taylore Ashlie, Director, Communications, CGA-Canada, Telephone: (604)
605-5055, Cellular: (604) 307-0212, Email:; Diana
Sorace, Communications Advisor, CGA-Canada, Telephone: (604) 694-6700, Email:,

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