FSRA imposes a compliance order and administrative penalties against Peter Maccabe and 2070375 Ontario Inc. o/a McGill Health Services.

The Financial Services Regulatory Authority of Ontario (FSRA) issued an order imposing a compliance order and administrative penalties in the total amount of $5,000 on Peter Maccabe and $10,000 on 2070375 Ontario Inc. o/a McGill Health Services.

Peter Maccabe and McGill Health Services failed to comply with an obligation assumed by way of an undertaking under the Act as defined under section 444.1(d) of the Act.

FSRA issued this order as a result of a decision of the Financial Services Tribunal dated March 4, 2022.

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

Learn more at www.fsrao.ca.

For media inquiries:

Russ Courtney
Sr. Media Relations and Digital Officer
Financial Services Regulatory Authority
C: 437-225-8551
Email: [email protected]