Corporate Reporting

Reporting and Accountability

FSRA is a board-governed regulatory agency accountable to the people of Ontario through the Ontario Ministry of Finance. We are committed to transparency in all aspects of governance, management, administration and operations.

Corporate Reporting

Each year, FSRA is required to submit a business plan to the Minister of Finance. The Annual Business Plan outlines FSRA’s ongoing operations, strategic direction, financial overview and supporting activities, which are aligned to its vision. The plan has been approved by the Ministry of Finance and addresses the expectations outlined by the Ministry in its mandate letter.

As part of FSRA’s commitment to transparency and accountability, the agency consulted members of the public in fall 2019 to help inform its plan. The Annual Business Plan reflects FSRA’s expectations of continuing progress for the next three years, with a focus on 2020-2021 activities:

• Business Plan 2020-2023
• Ministry of Finance Mandate Letter

In response to COVID-19, FSRA has revised its invoicing strategy and budget to provide flexibility to businesses during this time of rapid change and disruption. On March 27, 2020, FSRA announced a deferral for the fiscal 2020 – 2021 annual regulatory fee due to the COVID-19 pandemic and withdrew the invoices issued on March 13, 2020. FSRA is now providing 15 days’ notice before we issue invoices.

• Budget Amendment

Members of both the public, and industries we govern, can find documents related to our accountability below. These are offered in compliance with the Agencies and Appointments Directive.

Expense Reporting

This section lists the travel, meal and hospitality expense claims of FSRA’s CEO and senior executives. The information is published quarterly for FSRA’s fiscal year, April 1 to March 31.

FSRA follows the Ontario Travel, Meal and Hospitality Expenses Directive. For addition information on the public disclosure of Travel, Meal and Hospitality Expenses, visit the Ontario government’s website, www.ontario.ca.

• Travel, meal and hospitality expense claims listed by quarter

FSRA Celebrates First Anniversary

FSRA marks it first year anniversary by releasing a newsletter highlighting key activities as well as scorecard demonstrating substantial progress with 96 per cent  of our inaugural year priorities being complete or substantially complete. Read more...