Ontario Securites Commision - Investor offices
Investor News
November 2, 2020
Financial Literacy Month

November is Financial Literacy Month. Many Canadians’ personal finances have been impacted by the pandemic and improving financial literacy and investor education are more important than ever. The Ontario Securities Commission (OSC) and other organizations are hosting virtual events and providing educational resources to help people get smarter about money throughout the month. Learn more about what’s happening for Financial Literacy Month.

Today and throughout the month we will be publishing new educational tools and information to help people with their finances. This issue of Investor News spotlights some, check them out below.

This year marks the 10th anniversary of Financial Literacy Month. Check out this page from the Financial Consumer Agency of Canada for more tips and tools to understand your finances.

New & Improved

During these challenging times, many Canadians have questions about their personal finances and investments. Visit, the OSC's new investor Q&A website, to get your questions answered by experts.

You can also browse the hundreds of questions we've already answered. The improved design is easier to navigate and quicker to refresh. Learn more

Personal Cash Flow Calculator

Personal Cash Flow Calculator

Where does your money go? Use our new Cash Flow Calculator to better understand your monthly money needs.

Explore how different scenarios could impact your overall financial health, such as a lower-than-expected paycheque or higher food costs. Learn more

How Income Tax Works

How Income Tax Works

Canada has a graduated income tax system. As your income rises, so does the amount of tax you pay.

There are several provincial and federal tax brackets. Everyone pays the same tax rate for income earned in each tax bracket.

Read our interactive How Income Tax Works article and use the marginal tax tool. Learn more

Investor Readiness Quiz

Investor Readiness Quiz

Are you ready to invest? Take our new Investor Readiness Quiz to find out. 

You can benefit from compound growth the sooner you invest. However, there are a few financial steps you might need to take first. Learn more

Webinar for Canadian Armed Forces Members, Veterans and Seniors

Webinar for Canadian Armed Forces Members, Veterans and Seniors

The OSC will host an open webinar highlighting resources for Canadian Armed Forces members and veterans, seniors and the public on staying safe from investment fraud and making informed financial decisions. Register today

COVID-19 & Your Money

COVID-19 & Your Money

Visit the COVID-19 and Your Money hub on to find the latest investor resources, tips and fraud warnings as well as links to COVID-19 income support and financial measures. Learn more


COVID-19 & Introduction to Investing

The OSC’s multilingual website for investors,, now includes information for newcomers and people new to investing on the impact of COVID-19 on investments. A new handout is also available for download. Learn more

2020 CSA Investor Index

2020 CSA Investor Index

The Canadian Securities Administrators (CSA), which includes the OSC, recently released the 2020 CSA Investor Index. Among its findings, Canadians' self-reported risk tolerance has remained relatively unchanged since 2017, despite a rapidly changing economic environment in 2020. Learn more

OSC Telephone Townhall

Telephone townhalls are a way for the OSC's Investor Office to connect with thousands of Ontarians at a time, in the comfort of their own home. Telephone townhalls work much like a call-in radio show where OSC staff provide information, answer questions and conduct live polls over the course of one hour.

We're hosting a Financial Literacy Month telephone townhall on November 19, 2020 at 6:30 p.m. about investing basics and avoiding fraud. Register now

OSC's Grant Vingoe: Securities Regulation Explained

Grant Vingoe, Acting Chair and CEO of the OSC, was a recent guest on a LumiQ podcast created in partnership with CFA Societies Canada. He discussed the roles and responsibilities of the OSC, the Canadian securities regulatory landscape, similarities and differences between Canadian, US, and global regulatory systems and how COVID-19 has impacted the OSC and Canadian investors. Listen now

OSC Publishes Charter for its Office of Economic Growth & Innovation

OSC Publishes Charter for its Office of Economic Growth & Innovation

The Ontario Securities Commission recently published a Charter that sets out the vision, role and strategic objectives of its Office of Economic Growth & Innovation, a new branch of the Commission focused on supporting economic growth and innovation in Ontario’s capital markets. The Office is aimed at being a catalyst in innovative regulation that promotes confidence and economic growth. Learn more 

FinLit Twitter Chat

Financial Literacy Twitter Chat

The OSC will host a Twitter Chat to share tips on managing personal finances during the pandemic. Follow the OSC’s investor education Twitter handle, @smarter_money, for the latest information. We'll be using the hashtags #FinLitChat and #FLM2020.


Raj Balasubramanian, Manager of Investor Engagement and Outreach at the OSC, will be presenting at the MoneyShow Canada Virtual Expo on November 5, 2020 at 3:20 P.M. He will be sharing tips on avoiding COVID-19-related frauds and scams and providing highlights of the OSC's work on improving the investor experience. Register today




Proposed partial repeal of OSC Rule 48-501 and proposed changes to Companion Policy 48-501CP

Comments due: November 4, 2020

The OSC is proposing amendments of OSC Rule 48-501 Trading During Distributions, Formal Bids and Share Exchange Transactions and changes to its related Companion Policy (48-501CP). The proposed amendments would remove restrictions on dealers involved in distributions, formal bids and share exchange transactions; and remove certain restrictions on insiders and associated entities of issuers and selling shareholders. Learn more


Proposed amendments to National Instrument 94-101 and proposed changes to Companion Policy 94-101

Comments due: December 2, 2020

The CSA published proposed amendments for a second comment period relating to National Instrument 94-101 Mandatory Central Counterparty Clearing of and Companion Policy 94-101 Mandatory Central Counterparty Clearing of Derivatives. Learn more


Proposed changes to the offering memorandum prospectus exemption

Comments due: December 16, 2020

The CSA published for comment proposed changes to the offering memorandum prospectus exemption. The changes are reflected in proposed amendments to National Instrument 45-106 Prospectus Exemptions (NI 45-106), as well as proposed changes to Companion Policy 45-106CP Prospectus Exemptions. Learn more




Always know the 10 most recent OSC investor warnings and alerts by bookmarking this Fact Card or embedding it on your website or blog.



FXBITMARKET Limited, offering investment services on its website found at www[dot]fxbitmarket[dot]com, is not registered in Ontario to engage in the business of trading in securities. Learn more



tradebits3[dot]com, found at www[dot]tradebits3[dot]com, is not registered in Ontario to engage in the business of trading in securities. Learn more


COVID-19 Fraud Alerts

Watch our COVID-19 fraud alert video series. Fraudsters are exploiting the fear surrounding economic conditions and the COVID-19 pandemic.

Fake government messages. Be careful of fraudsters posing as government agencies or departments by text or email.

Financial representative impostors. Be on alert for fraudsters posing as your bank or investment firm advisor.

Quick High-Return Schemes. Fraudsters are targeting people experiencing financial hardship from COVID-19 with quick high-return schemes based outside of Canada.

Pump-and-dump scams. This is a type of investment fraud where fraudsters artificially increase the price of a stock that they own by encouraging other investors to buy it. 

Work from home scams. Be on alert for fraudsters offering fake job opportunities.


IOSCO Investor Alerts

Stay informed about the latest international investor warnings and alerts by visiting the International Organization of Securities Commissions (IOSCO) Investor Alerts Portal.




OSC in the Community

OSC in the Community is an outreach program that takes the OSC's regulatory mandate from Bay Street to Main Street. OSC staff travel to communities across Ontario to talk to people about making informed financial decisions and avoiding investment fraud.

To protect the health and safety of the public and staff, all OSC in the Community events will be delivered online or by phone until further notice. We will continue to monitor the situation and follow guidance from public health authorities.

  • November 2, 2020 - Webinar
  • November 3, 2020 - Webinar
  • November 5, 2020 - Webinar
  • November 10, 2020 - Webinar
  • November 12, 2020 - Webinar
  • November 13, 2020 - Webinar
  • November 18, 2020 - Webinar

Learn more

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Here are 4 tips to get your savings back on track.

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