The Appraisal Institute of Canada Founded in 1938, the Appraisal Institute of Canada is the national society of professional real estate appraisers. The Institute is dedicated to serving the public interest through continually advancing high standards of the appraisal profession by granting use of the CRA (Canadian Residential Appraiser) and AACI (Accredited Appraiser Canadian Institute) designations. The AIC has about 5,000 members across Canada, including both designated and candidate (student) members. Designated members, those who have earned use of the AACI or CRA designation, provide reasoned calculations, widely respected by the courts, real estate corporations, chartered banks, trust companies, mortgage lending institutions, all levels of government and private individuals.
