November 8, 2024 - After an incredible 150-year journey dedicated to supporting and advancing the careers of sales professionals across Canada, the Canadian Professional Sales Association (CPSA) has made the difficult decision to initiate an orderly wind-down of our operations. This decision was not taken lightly. Despite extensive efforts to identify a sustainable business model, various factors – including the evolving landscape of free digital training, heightened competition in the professional development sector, and reduced discretionary spend by many Canadian organizations due to recent economic challenges – have made it impossible for the association to continue.
As we enter this wind-down period, we want to assure our members and stakeholders that we remain committed to fulfilling our service obligations. All professional development activities scheduled for 2024 will proceed as planned, and our membership commitments will be honoured through December 31, 2025, albeit delivered in a modified way. Further details regarding our 2025 service delivery plan will be shared within the coming weeks.
In connection with this transition, we would like to announce that the CPSA Foundation will also be closing. However, before this occurs, the Foundation will allocate its funds under management to accredited CPSA University and College partners. This initiative aims to further the education of Canada’s future sales talent, ensuring that our legacy continues to inspire and empower the next generation of sales professionals.
We extend our heartfelt gratitude to our employees, members, partners, and stakeholders for their support over the years. The impact of the CPSA will continue to resonate within the sales profession in Canada, and we take great pride in the contributions we have made together.
Sincerely,
The CPSA Board of Directors and Leadership Team