In April 2024, BNN Bloomberg revealed that 90% of Canadian finance and accounting hiring managers are struggling to fill vacancies due to a shortage of accountants. With more CPAs retiring than entering the field and fewer students enrolling in accounting programs, Canada faces a looming crisis. This shortage is impacting business operations, increasing compliance risks, and causing burnout among existing professionals. To ensure the future of the accounting profession and protect economic stability, a multi-faceted solution involving government, educational institutions, and businesses is essential.
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