Announcements

Ontario’s financial services regulator’s (FSRA) Automobile Insurance Rating and Underwriting Regulation Reform Strategy puts consumers first. As a part of this strategy, FSRA is now consulting on new guidance to ensure that Ontario drivers are paying the right price for the right auto insurance

Ontario's financial services regulator, FSRA, has initiated enforcement action against Hui Wen (Polly) Liu (Liu) and Cheng (Kevin) Qi (Qi). FSRA alleges that Liu and Qi have demonstrated incompetence and untrustworthiness to transact the insurance agency business for which their licenses have been

In this Pension eBlast Welcome message FSRA reports Q2 2024 Solvency Report 2023 Report on the funding of Defined Benefit (DB) Pension plans Defined Benefit (DB) Multi-Employer Pension Plans (MEPPs) Leading Practices Benchmarking Summary Report New! Pension Benefits Guarantee Fund (PBGF) Report New

Ontario’s financial services regulator, FSRA, has refused to renew the mortgage agent licence of Karen Graham (Graham). Graham is not suitable to be licensed as a mortgage agent because Graham provided false information in the application for the licence, and Graham’s past conduct affords reasonable

Ontario’s financial services regulator, FSRA, has issued an Order against Higginson Equipment Inc. (Higginson). Higginson contravened the Pension Benefits Act, R.S.O. 1990, c. P.8, and its regulations, by failing to remit employer and employee contributions totalling $34,931.46 to the pension fund

FSRA’s mission is “public service through dynamic principles-based and outcomes-focused regulation”. We believe this approach will lead to a financial services environment that is innovative, flexible, collaborative and responsive, promoting high standards of business conduct and better protecting

FSRA is releasing its Q1 2024-25 service standards scorecard. According to the report, FSRA met or exceeded 91.4% of its service targets across all regulated sectors. The quarterly report evaluates FSRA's operational and regulatory activities, including license renewals, regulatory applications

We are pleased to send you the September summary of key activities from the Financial Services Regulatory Authority of Ontario (FSRA). The newsletter is designed to help you quickly review key initiatives during the past month. Our goal is to provide you with relevant communications and information

The Financial Services Regulatory Authority of Ontario (FSRA) has released its Q2 2024 Solvency Report and the 2023 Report on the Funding of Defined Benefit (DB) Pension Plans, highlighting the resilience and stability of Ontario's pension plans in the face of ongoing market challenges. Key

Mortgage professionals should be aware of new legislation that states that Notices of Security Interest (NOSIs) registered against homeowners’ property titles for consumer goods, like water heaters, are now expired. This is the result of the Ontario Government’s Homeowner Protection Act, which was