Continuing Education Exemptions

Recognition of FP Canada Examinations

CFP professionals are exempt from CE requirements in the year they pass the CFP examination and the following calendar year.

FPSC Level 1 certificants are exempt from CE requirements in the year they pass the FPSC Level 1 Examination in Financial Planning and the following calendar year.

Leaves of Absence

A CFP professional or FPSC Level 1 certificant may request an exemption from CE requirements for the calendar year in which they take a leave of absence from employment/practice in the event of parental or medical leave.

Any other requests for CE exemption will be considered on a case-by-case basis.

You will be exempt from the annual CE requirement for the calendar year coinciding with the birth/adoption of your child. Upon request, the exemption of the annual CE requirement may be split evenly across two consecutive years. A CE Exemption Request Form must be submitted to FP Canada with a copy of the child’s birth certificate and/or adoption papers.

The CE exemption for maternity/parental leave is limited to one calendar year, even though you may choose to take an extended leave to care for your child. In the event of subsequent births/adoptions, a separate CE Exemption Request Form must be submitted with the birth certificate and/or adoption papers for each child.

You will be exempt from the annual CE requirement in the calendar year coinciding with an approved medical/disability leave of at least six months. A CE Exemption Request Form must be submitted to FP Canada with a current medical report and/or doctor’s note.

If a CE exemption is required for consecutive years, you must re-apply for the CE exemption annually and provide an up-to-date medical report and/or doctor’s note that explains the reason for the extended medical/disability leave. Consecutive CE exemptions will be considered on a case-by-case basis.