FSRA and the Office of the Superintendent of Financial Institutions (OSFI) are pleased to announce the 18 new members of their joint special purpose Technical Advisory Committee on defined contribution (DC) plans. The committee was established to review the approaches of both regulators to supervising DC plans and where possible find opportunities for regulatory improvement and harmonization.
FSRA and OSFI establish a committee to collaborate on defined contribution plans
The Financial Services Regulatory Authority of Ontario (FSRA) and the Office of the Superintendent of Financial Institutions (OSFI) are establishing a new special purpose committee and are hoping to attract the participation of interested applicants.
If you own a vehicle in Ontario, you are required to, at the very least, purchase the following automobile insurance coverage:
Third-party liability coverage:
This section of your automobile insurance policy protects you if someone else is killed or injured or their property is damaged. It will pay for claims resulting from lawsuits against you up to the coverage limit and pay the costs of settling the claims. By law, you must carry a minimum of $200,000 in third-party liability coverage, but you can choose to increase the minimum amount.