The Job Market for Chartered Professional Accountants (CPAs) in Quebec
Quebec is undergoing a rapid transformation of its economic landscape, mainly due to digitization, increasing financial compliance requirements, and an aging workforce. In this context, the role of a Chartered Professional Accountant (CPA) has become more crucial than ever. The market for CPA job opportunities in Quebec reflects this growing demand.
In this article, we take a deep dive into:
- the current demand for CPAs,
- the most active sectors,
- the most sought-after skills,
- the regions offering the best prospects,
- salary trends,
- the challenges faced,
- and tips for CPA job seekers.
1. Who are CPAs in Quebec?
Chartered Professional Accountants (CPAs) are experts in accounting, taxation, finance, and strategic management. Since the merger of the three orders (CA, CMA, CGA), the CPA designation has become the standard for all professional accountants in Quebec.
To obtain the designation:
- complete the CPA training program,
- pass the Common Final Examination (CFE),
- complete a supervised practical internship of 24 months.
2. Strong Growth in Demand
According to the Ordre des CPA du Québec, more than 42,000 members practice in the province. Yet companies report a significant shortage of qualified talent, especially in the regions.
Why such high demand?
- Accelerated retirements.
- Increasingly complex standards (IFRS, ESG, Law 25).
- Growing digitization of processes.
- Rising demand for strategic tax expertise.
3. Sectors Hiring the Most CPAs
- Accounting firms: audit, taxation, advisory services.
- Private companies: financial statements, budgeting, risk management.
- Public sector: Revenu Québec, ministries, municipalities.
- Financial institutions: compliance, risk analysis, financial modeling.
4. Most In-Demand Skills
Technical skills
- IFRS and ASPE standards
- Software: Excel, SAP, Oracle, QuickBooks, CaseWare
- Canadian and Quebec taxation
- Advanced financial analysis
Business skills
- Analytical mindset
- Project management
- Communication with non-financial stakeholders
- Strategic vision
Soft skills
- Leadership
- Professional ethics
- Bilingualism
- Adaptability
5. Most Dynamic Regions
- Montreal: largest job pool, highest salaries.
- Quebec City: strong in public sector and technology.
- Laval and North Shore: numerous growing companies.
- Regions (Estrie, Mauricie, etc.): high demand, few local candidates.
6. Salary Outlook
| Experience | Average Annual Salary |
|---|---|
| Entry-level (0-3 years) | $65,000 to $80,000 |
| Intermediate (4-7 years) | $85,000 to $105,000 |
| Senior (8+ years) | $110,000 to $150,000 |
| Chief Financial Officer (CFO) | $150,000 to $300,000 |
Salary factors include industry, region, responsibilities, and technical specialization.
7. Challenges to Overcome
- Limited flexibility (restricted remote work).
- High expectations from the start of employment.
- Lack of geographic mobility among candidates.
- Strong competition in Montreal.
8. The Role of Headhunters
CPAs increasingly find jobs through specialized firms such as Talgo RH, Robert Half, or Randstad. These recruiters facilitate:
- access to unpublished positions,
- offer negotiation,
- successful cultural integration.
9. Professional Image: A Powerful Asset
Building a strong personal brand is essential.
- Maintain a flawless LinkedIn profile.
- Publish relevant content (taxation, IFRS standards, management, etc.).
- Participate in CPA Order events.
- Request recommendations from former colleagues.
10. Practical Tips for CPAs Seeking Employment
- Target companies undergoing transformation.
- Tailor the resume by highlighting achievements.
- Prepare quantified responses for interviews.
- Seek mentorship from a senior CPA.
Conclusion
The CPA job market in Quebec is booming. Whether you are a junior or experienced CPA, opportunities abound—provided you remain strategic, mobile, and proactive. Quebec needs your accounting expertise. Now is the perfect time to leverage your CPA designation and build an exciting career.