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Record voter turnout by Ontario Chartered Accountants: by-law on the new CPA rules passes

The results came in wicked-fast: earlier this afternoon the viral video-supported campaign by the Institute of Chartered Accountants of Ontario bore fruit. They scored the highest ever turnout, a record of 27.6% of the membership, with 85.4% voting in favour. Here's the press release explaining what the ICAO intends to do with its win.

I won't bore you with the details, there's more than enough bureacratic bylaw details and associated nerd rage to go around if you're into that sort of thing, especially the counter-argument. The video itself was a pretty good summary of the proposal, though.

The ICAO tried a few things to deliver its message. Aside from a series of webcasts and free breakfasts and lunches, the video was no doubt the biggest hit - there's now been over 11,000 views, up from 3496 when I started tracking its virality. Despite it making ICAO Chair Rod Barr feel deservedly silly - he chose not to play it at the breakfast I attended, despite it being in his agenda - it looks like the controversial video succeeded in delivering this dark scary topic out to the masses in its bizarrely happy, bouncy way.

 

Darkness descends on Toronto

Comments

Krupo said:

Behind schedule, but worth sharing this letter sent in by a reader, which is apparently in response to the ICAO Chair's E-letter:

"Dear Friend,

I wanted to take this chance to thank everyone who came out to vote during the ICAO elections. It’s my honour to serve on the governing Council of the body that oversees the 35,000 Chartered Accountants in Ontario.

If you asked me a year ago if I thought that I would be in this position, I would have had said no. The reason why I chose to run for such a position is that I wanted better governance, greater transparency, and a chance for all CAs to choose their future path.

You can imagine my surprise when I started to get questioned after the following message was sent out to Ontario CAs:

www.icao.on.ca/.../COM20120627.htm

After some people read the message, they were left thinking that I am part of a group that is very committed to the unification. Some of you have even directed me to posts about this topic on forums such as The Future CPA Canada on LinkedIn. While I don’t wish to speak on behalf of the author of the message, I’d like to assure you that I am in no way supportive of any proposal that is detrimental to CAs in industry and public practice nor am I supportive of an initiative that would not be in the public interest. At this point, I’m worried that we may be heading in a direction that will see our brand being diluted which is detrimental to many people. Furthermore, many of the issues that we face may be solved without unification. It simply makes more sense to choose a path that is less detrimental to us and the public at large.

For those of you that voted for me and my running mates, I thank you once again for your support. If you have any questions or concerns, please feel free to contact me.

Best Regards,

Arnie"

# March 3, 2013 4:18 PM