Proposed Fee Rule has been delivered to the Minister of Finance for approval

The Financial Services Regulatory Authority of Ontario (FSRA) is proposing changes to its Fee Rule to ensure it aligns with the principles of fairness, consistency, and transparency. 

The Fee Rule governs how FSRA assesses and collects fees from the sectors it regulates. 

The proposed changes to the Fee Rule ensure fees appropriately and accurately reflect the regulatory efforts and activities required to enhance consumer protection.

These proposed changes have now been submitted to the Minister of Finance for approval.

If approved by the Minister, the new Fee Rule is expected to take effect on December 1, 2023.

We thank all stakeholders who submitted feedback. No further material changes to the Fee Rule resulted from the 2nd consultation. Full details of the proposed Fee Rule and a summary of stakeholder feedback are now available.

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FSRA continues to work on behalf of all stakeholders, including consumers, to ensure financial safety, fairness, and choice for everyone.

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