Deposit Insurance: What's Not Covered | Financial Services Regulatory Authority of Ontario

FSRA COVID-19 Updates

PENSIONS – 05/22/2020 – Updates to the Pension Sector Emergency Management Response Guidance – The Pension Sector Emergency Management Response Guidance previously issued on April 24, 2020 is now updated to reflect the Government of Ontario’s amendment to Regulation 909 and information on the impacts of COVID-19 market shocks as a plausible adverse scenario on funding valuation reports. Read more…

PENSIONS – 05/22/2020 – Limitations on Commuted Value Transfers and Annuity Purchases (DB Pension Plans) – We have issued new guidance on transferring commuted values and purchasing annuities when a pension plan’s transfer ratio has declined since the most recently filed valuation report by 10% and is now below 0.9. Read more…

MORTGAGE BROKERING SECTOR – 5/11/2020 – FSRA increases protections for consumers of mortgage-based investments – FSRA is launching new guidance to increase protections for consumers during periods of market volatility and disruption, such as the current COVID-19 pandemic. Read more…

PENSIONS – 4/28/2020 – Important Service Update for Pension Plans – In response to COVID-19, our Pension Officers are working remotely. Here is how you can reach them. Read more….

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FSRA's deposit insurance program does not cover:

Investments in mutual funds, stocks, shares, mortgages, subordinated debt, etc.
Membership shares
Patronage, investment or preferred shares issued by a credit union
Foreign currency deposits
Contents of safety deposit boxes
Securities held for safekeeping
Bonds and debentures issued by governments and corporations
Treasury bills

Read our deposit insurance FAQ