CANADA

Organisation Name: Appraisal Institute of Canada (AIC)

IVSC Member:  Yes

Do members have to follow IVS? No

Does organisation issue its own standards? Yes

Do these, include, replace, or extend IVS ? No

Additional Information: Any appraiser who is an accredited member of the AIC must provide appraisal services in compliance with the Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP).


Organisation Name: Chartered Business Valuators Institute (CBV Institute)

IVSC Member:  Yes

Do members have to follow IVS? No

Does organisation issue its own standards? Yes

Do these, include, replace, or extend IVS ? No

Additional Information: Members are required to follow the Institute’s Practice Standards.

A Bridge from CBV Institute Practice Standards to IVS (June 2020) has been published to assist members understand potential areas of differences between the two sets of standards.

Member IIBV


Organisation Name: Canadian National Association of Real Estate Appraisers

IVSC Member:  No

Do members have to follow IVS? No

Does organisation issue its own standards? No

Do these, include, replace, or extend IVS ? n/a

Additional Information: All members of the Canadian National Association of Real Estate Appraisers must abide by the Uniform Standards of Professional Appraisal Practice as promulgated by the Appraisal Standards Board of the US Appraisal Foundation.


Organisation Name: Chartered Professional Accountants Canada

IVSC Member:  No

Do members have to follow IVS? No

Does organisation issue its own standards? No

Do these, include, replace, or extend IVS ? n/a

Additional Information: Issues a Valuation for financial reporting (VFR) certificate jointly with CBV Institute.


Organisation Name: l'Ordre des évaluateurs agréés du Québec (OEAQ)

IVSC Member:  No

Do members have to follow IVS? No

Does organisation issue its own standards? Yes

Do these, include, replace, or extend IVS ? No

Additional Information: OEAQ is the principal organization regulating and controlling real estate appraisal in the Province of Quebec. Any appraiser who is an accredited member of the OEAQ must provide appraisal services in compliance with the Professional Code and Code of Ethics, as set out by the OEAQ, as well as with les Normes de pratique professionelle.