Financial Planners Standards Council of Canada (FPSCC) incorporated as a not-for-profit organization
Founding members were Donald Johnston and representatives from the Canadian Association of Financial Planners (CAFP) and the Life Underwriters Association of Canada (LUAC).
January 9th 1996
Board members agree to enter into "agreement" with CFP Board of Standards Inc. (Denver)
Canadian Institute of Financial Planning (CIFP) becomes a member of FPSCC
April 18th 1996
Canadian Securities Institute (CSI), Society of Management Accountants of Canada (CMA), Credit Union of Canada (CUIC), Certified General Accountants Association of Canada (CGA) and Canadian Institute of Chartered Accountants (CICA) become approved members of FPSCC
February 28, 1997
3335 individuals licensed to use the CFP designation
September 18, 1997
335 applications received to write the first Professional Proficiency Examination (PPE) on November 14, 1997
May 21, 1998
FPSCC name officially changes to Financial Planners Standards Council (FPSC)
June 24, 1999
10,175 individuals have the CFP designation in Canada
November 9, 1999
FPSC appoints a Director of Standards Enforcement
June, 1999
Independently conducted Certification Audit validates veracity of CFP Examination and Job Analysis ensures ongoing relevance of CFP Syllabus. Results assist in development of revised syllabus and examination for 2001.
March 29, 2001
FPSC approves 10 new education programs leading to the CFP designation at its March 22nd meeting. The new program providers, Ryerson Polytechnic University, the University of Quebec Network of seven universities and George Brown College, bring the total number of programs registered directly with FPSC to 22 offered by 18 different institutions.
June 26, 2001
FPSC approves two new education programs offered by the Southern Alberta Institute of Technology (SAIT), Calgary, and the Northern Alberta Institute of Technology (NAIT), Edmonton. These are the first two Alberta programs registered directly with FPSC.
October 19, 2001
Certified Financial Planner® (CFP®) professionals dominate the Advisor of the Year Awards. Six of the seven finalists for three regional awards were individuals who hold the CFP designation and the seventh was nominated in partnership with a CFP practitioner.
April 3, 2002
FPSC approves two new education programs (Wilfrid Laurier BBA program and Dalhousie University CEBS program) and renewed an existing program (Wilfrid Laurier Diploma in Financial Planning). These programs bring the total number of directly registered programs to 25 offered by 20 different institutions.
April 15, 2002
FPSC launches new website (includes many new features including: "Ask an Expert," "CFP Professionals in Good Standing," and "Path to CFP")
November 14, 2002
Donald Johnston elected by Financial Planning Standards Board (CFP International) as Chair Elect of the international advisory council to begin his term in January 2004
January 23, 2003
Financial Planning Standards Board Ltd. (FPSB), a Delaware-based corporation established to oversee the global development of CFP® certification, appoints Canadian, John S. Carpenter (past chair of FPSC), chair for 2003
February 2, 2003
FPSC approves the financial planning education program offered by The Institute of Canadian Bankers (ICB)
February 12, 2003
FPSC posts Practice Standards draft on website for industry comment
April, 2003
FPSC launches professional Competency Analysis designed to reassess the CFP professional competency profile that sets the standards for the profession, guides the ongoing development of the CFP Examination and helps to establish guidelines for financial planning curriculum
September 10, 2003
15, 308 individuals have the CFP designation in Canada
October 7, 2003
FPSC rolls-out beta version of Practice Standards to industry. Invites industry to try them out prior to the standards being finalized and made mandatory by 2005.
CFP®, CERTIFIED FINANCIAL PLANNER® and are certification marks owned outside the U.S. by Financial Planning Standards Board Ltd. (FPSB). Financial Planners Standards Council is the marks licensing authority for the CFP marks in Canada, through agreement with FPSB.
are certification marks