The
appraisal profession started in Canada
in the late 1920’s, when most members
were mainly cost estimators.
The
Appraisal Institute of Canada was established
in Winnipeg in 1938. It adopted its first
Code of Ethics in 1942.
The
first chapter in the Province of Quebec
was established in 1958. It published
its first appraisal course in 1960.
In
1998, the Institute adopted the Uniform
Standards of Professional Appraisal Practice
(USPAP). This was replaced by the Standards
in 2000 and this has been updated from
time to time since then.