Media Advisory - The Society of Management Accountants (CMA Canada) to Comment on Federal Budget

    OTTAWA, Jan. 26 /CNW/ - Richard Monk, C.Dir, CFE, CMC, CMA, FCMA,
immediate Past Chair of The Society of Management Accountants (CMA Canada),
will be available to comment on the federal budget upon its release on
Tuesday, January 27, 2009.
    In the online pre-budget consultations held by Finance Minister Jim
Flaherty earlier this month, CMA Canada recommended that, "as Canada's economy
enters into recession, it is extremely important that this budget contain
measures aimed at improving labour productivity that can be implemented
quickly, do not create a structural deficit, and have both short- and
long-term implications."
    To that end, CMA Canada specifically recommended that the introduction of
an information and communications technology (ICT) adoption tax credit for
small and medium sized enterprises, which account for the majority of private
sector employment in Canada, would provide an important economic stimulus,
fuel innovation and boost productivity in the current recession.

    About CMA Canada

    With 40,000 certified members around the world, CMA Canada grants a
professional designation in strategic management accounting(TM) and is
responsible for standards-setting, accreditation and the continuing
professional development of CMAs. CMAs provide an integrating perspective to
business decision-making, applying a unique blend of expertise in accounting,
management and strategy to identify new market opportunities, ensure corporate
accountability, and help organizations maintain a long-term competitive
advantage. To optimize the performance of global enterprises and build
strategic management accounting(TM) skills, CMA Canada offers innovative
executive development programs, advanced online courses, and internationally
recognized knowledge management publications. For more information, visit

For further information:

For further information: on CMA Canada's recommendations or to arrange
to speak with Mr. Monk, please contact: Stuart McCarthy, Bluesky Strategy
Group (for CMA Canada), Tel: (613) 241-3512 ext. 225, Cell: (613) 762-4321
(budget day),; Cindy Mantione, Communications
Officer, CMA Canada, Tel: (905) 949-3116, Toll-free: 1-800-263-7622 ext. 3116,

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CMA Canada

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Society of Management Accountants of Canada

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