Canada's CAs extend historic agreement with U.S. and Mexican counterparts

18 April 2008 |

TORONTO, April 17 /CNW/ - Canada's Chartered Accountants today announced the extension of the historic Professional Mutual Recognition Agreement (PMRA) with their American and Mexican counterparts.

A special signing ceremony took place this afternoon in Alexandria, Virginia, involving Canada's CAs, the Certified Public accountants (CPAs) from the United States and Mexico's Contadores Publicos Certificados (CPCs). Representatives from all three governments attended. This accord is a five-year extension of the first-ever mutual recognition agreement among professional designations consistent with the North American Free Trade Agreement (NAFTA). It was originally signed in 2002 and ratified by the NAFTA Free Trade Commission.

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