Share
News Type
Announcements

Achieving Financial Safety, Fairness and Choice in Ontario

FSRA Demonstrates Significant Progress in Year One

TORONTO, June 8, 2020 –  FSRA marks it first year anniversary as a regulator by releasing a newsletter highlighting key deliverables and a scorecard demonstrating substantial progress in its F19-20 priorities, with 96% being fully or substantially complete. 

“FSRA strives to efficiently and effectively serve the public through dynamic, principles-based and outcomes-focused regulation that delivers financial safety, fairness and choice to Ontarians” said Mark White, CEO. “We have, with the support of our stakeholders, made remarkable progress – I look forward to continuing our regulatory transformation.” 

A summary of FSRA’s key accomplishments is available in the FSRA Newsletter (June 2020, Volume 3)

FSRA launched on June 8, 2019, to replace the Financial Services Commission of Ontario (FSCO) and the Deposit Insurance Corporation of Ontario (DICO), as the regulator of non-securities financial services in Ontario. FSRA is independently governed, self-funded and designed to respond to our evolving financial services landscape.

Learn more about FSRA and our approach to achieving safety, fairness and choice in non-securities financial services at www.fsrao.ca

For media inquiries:

Malon Edwards
Senior Communications Officer 
Financial Services Regulatory Authority
C: 647-296-5479
Email: malon.edwards@fsrao.ca

Share

FSRA is working to make it easier for you to understand auto insurance. We are providing relevant and up to date information about the price of auto insurance. We are also sharing tips for purchasing the policy that best meets your needs.

Be informed

Ontario drivers have options when purchasing auto insurance. For example, you can request a quote from various auto insurers and compare pricing. The price of your policy is based on many factors, including the coverage you select after you buy your policy, FSRA recommends reviewing the details to make sure it matches your needs.

Risk and Market Conditions

Factors that impact the auto insurance industry and economy also affect what you pay for auto insurance. Learn more about current market conditions in Ontario.

Understanding Auto Insurance Rates and Premiums

FSRA is responsible for regulating auto insurance in Ontario. Learn more about how auto insurance rates are set by companies then reviewed and approved by FSRA.

Auto insurance rate approvals have been posted