US/Canada/Mexico mutual recognition agreement has not been ratified by any Canadian provincial and territorial regulatory boards. Ratification is needed for the MRA to take full effect with regards to US-bound Canadian CPAs. NASBA is actively working with counterparts in Canada to support full reciprocity.
The following provincial CPA bodies have formally withdrawn their membership from CPA Canada on the dates listed below:
Effective December 31, 2024
- CPA Ontario
- CPA Quebec
Effective April 1, 2026
- CPA Newfoundland & Labrador
- CPA New Brunswick
- CPA Nova Scotia
- CPA Prince Edward Island
Therefore, those licensed by these Canadian provinces are no longer eligible for licensure via international reciprocity.