CPATA is an independent, professional regulator. The College’s funding comes exclusively from fees, 90% of which are licence fees. The remaining funding comes from exam fees, application and certificate fees, and interest income. CPATA has never received funding from the Government of Canada or other sources.
CPATA is set up as a corporation without share capital under the CPATA Act. The overarching budget principle is to be able to have sufficient funds to meet our statutory mandate in a way that provides long-term stability for the organization.
CPATA is transparent about its budget processes, and all budgets are publicly available on this page. CPATA’s annual budgets for the following year are approved by the Board of Directors at its public December meeting. All materials for CPATA’s Board of Directors meetings are made public prior to the meeting on this page.
CPATA’s revenue budget is calculated by multiplying the projected number of licences (and agents) expected by the licence fee amounts, then adding additional revenue from exam fees, application and certificate fees and interest income. As CPATA’s budget is approved in December for the following year, and the licence renewal period is between February and March, CPATA’s revenue budgets must be based on projected numbers of licences (and agents).
CPATA’s expense budget is built on a zero-based budgeting method. This means CPATA strives to match income with expenses as closely as possible. Expenses are based on prior regulatory experiences regarding core ongoing regulatory functions such as setting exams, the number and nature of complaints and unauthorized practice matters and considering program costs for specific initiatives such as policy development of continuing professional development requirements or resource development for trainees and supervisors.