The act as presently drafted recognizes that provinces have the authority to set standards for the accounting profession. The federal government does not do so. All the act does is say that you can be a member of a professional body, but you also, at the same time, must adhere to any other legislation that sets standards within a province, including the province of Quebec.
The independent standards are consistent with those in the CBCA. They're an objective set of standards that is understood within the profession and within the legal community. There is nothing that prevents accountants, or anybody doing an audit or review engagement, from additionally adhering to the independent standard set by the professional association.
That's what the act does.