“Permanently Inactive Members” have no intention of returning full-time to the workforce and do not earn active income (less than $26,436*). Examples of Permanently Inactive Members include:
Permanently Inactive Members who, in rare circumstances, return to the workforce after claiming an exemption from minimum CPD requirements for any reason must prepare, submit for approval to CPA Nova Scotia and execute in a timely manner, a plan which will develop the current competencies necessary to support the member's reintegration into the workforce. CPA Nova Scotia must be notified within 30 days of return to the workforce.
Members can request the exemption by completing the Permanently Inactive Status Exemption. Thereafter, the request will be submitted to the PD Committee for its consideration.
*Superintendent Standard for Bankruptcy Canada, to be adjusted annually.
**Large or Prominent Organizations include organizations with one or more of the following characteristics: