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Ontario Securites Commision - Investor offices
Investor News
June 26, 2019
Summertime Savings

School is out and summer is here. Before you start planning your vacation or summer activities, it’s a good time to take stock of your financial plan for the year to keep your summertime spending in check and your savings goals on track. Saving money is an important part of your financial health. Regardless of the season, putting money aside each month will help you prepare for emergencies, stay out of debt and reach your financial goals. Use our budget worksheet to plan for the right balance between summertime fun and savings.


Mortgage Payment Calculator

Buying a home is the most expensive purchase many of us will ever make in our life. Can you afford to make mortgage payments without being house-poor?

Use our new Mortgage Payment Calculator to estimate your mortgage payment amount, the impact of making extra payments and the balance remaining at the end of your mortgage term. The available amortization schedule will also help you understand the principal and interest portions of each mortgage payment.

Visit for more popular and free articles, tools and calculators to help you with your finances.


Importance of Financial Literacy 

Ontario Securities Commission (OSC) staff and community partners were in North Bay to provide local seniors with information on avoiding fraud and making informed investing decisions. The OSC in the Community program visits communities across Ontario to speak to everyday investors on how to protect their money.

Nipissing MPP Vic Fedeli, Mayor Al McDonald, Police Chief Scott Tod and OSC staff delivered remarks and highlighted the importance of financial literacy during Ontario Seniors Month. 

The Canadian Anti-Fraud Centre, Elder Abuse Prevention Ontario, the City of North Bay and the North Bay Police Service also participated and contributed to the event's success. Read coverage of this event in the North Bay Nugget or watch this segment from CTV News.

Find the next OSC in the Community event near you.

Financial Education Highlights

Financial Education Highlights

Our consumer website is one of Canada’s most visited financial literacy websites and provides hundreds of free tools and resources for people to help them get smarter about money. It, along with other educational resources such as our digital question and answer website Re: Investing, had 5.4 million visits in fiscal 2018-2019, an increase of 17.1% over last year. Attendance at investor outreach events increased 7.6% to 6,517.

To improve financial literacy of Ontarians, the OSC and the Ministry of Education are currently collaborating to enhance the financial literacy curriculum, an initiative set out in the 2019 Ontario Budget.

Personal Information Inventory

Personal Information Inventory

Our new Personal Information Inventory document can help a trusted contact locate your personal and financial accounts, and other records, in the event that you are unable to provide guidance. Learn more


Engaging with Older or Vulnerable Clients

The Canadian Securities Administrators (CSA), which includes the OSC, published a staff notice that outlines suggested practices that registered firms can consider when engaging with older or vulnerable clients. Clients may be or become vulnerable due to changing needs and risks as they age, an illness or injury, or a physical, cognitive or psychological limitation.

The staff notice includes suggestions as to how registered firms can identify and respond to situations involving financial exploitation and diminished mental capacity. It also discusses specific practices firms can consider when assessing their policies and procedures in areas such as complaint handling, communicating with older or vulnerable clients and identifying trusted contact persons. The notice is part of the CSA's ongoing work to develop a flexible and responsive regulatory approach to address financial exploitation and diminished mental capacity among older and vulnerable clients. Learn more

Improving Service for Older Investors

Improving Service for Older Investors

The OSC is working to respond to the needs of older investors as outlined in the OSC Seniors Strategy.

We partnered with Elder Abuse Prevention Ontario to deliver training and education to OSC staff that interact with older individuals, such as when receiving inquiries and complaints, or when conducting compliance reviews or enforcement matters. OSC staff now have improved tools and knowledge on recognizing potential warning signs of issues related to financial exploitation and diminished capacity, and escalating potential issues to the appropriate agencies.

Your Retirement Nest Egg

Your Retirement Nest Egg

According to an OSC Investor Office survey, nearly half of pre-retired Ontario homeowners age 45 and over are relying on the value of their home increasing to fund their retirement.

It’s easy to see why—a home is the most valuable asset many households own, and if you purchased a home before the recent housing boom, you’ve likely earned a significant return on your investment so far.

But owning a home isn’t a substitute for planning for retirement. There are some important questions you still need to think through to gauge how close you are to being financially prepared for retirement. Read more on funding your retirement using your home

Pay Off Credit Cards and Debt Calculator

Pay Off Credit Cards and Debt Calculator

Reduce your debt this summer. Try our Pay Off Credit Cards and Debt Calculator.

This calculator will give you monthly payment plans for up to 8 credit cards or loans, including lines of credit and mortgages. It will show you the order in which you could pay off the debts, and how long it will take.

Visit for more popular and free articles, tools and calculators to help you with your finances.

Power of Attorney

Power of Attorney

A power of attorney or POA gives someone you trust the right to legally act on your behalf. This person can make decisions related to your health, finances or other matters, depending on the type of POA created. You may consider a POA if you anticipate a physical or mental incapacity that would prevent you from managing your own affairs. Learn more

Tax-Free Savings Accounts

Tax-Free Savings Accounts 

A Tax-Free Savings Account or TFSA is a registered savings account that provides certain tax advantages. In most cases, investment income, including capital gains and dividends, earned in a TFSA is not taxed, even when withdrawn. There are annual contribution limits, but you can carry forward any unused contribution room from previous years. Learn more




Proposed Amendments for Reporting Requirements for Marketplaces and Information Processors

Comments due: July 17, 2019

The CSA published for comment Proposed Amendments to National Instrument 21-101 Marketplace Operation and Proposed Changes to Companion Policy 21-101CP Marketplace Operation.

Learn more


Proposed National Systems Renewal Program Rule and Related Amendments

Comments due: July 31, 2019

The CSA set out next steps for a new integrated national information and filing system (the Renewed System) for Canada’s capital markets. The CSA is also proposing a new rule, National Instrument 13-103 System Replacement Rule, which would require filers to electronically transmit all documents to securities regulators through the new system, subject to certain exceptions.

Learn more


Proposed Repeal and Replacement of Multilateral Instrument 13-102 System Fees for SEDAR and NRD

Comments due: July 31, 2019

The CSA set out next steps for a new integrated national information and filing system (the Renewed System) for Canada’s capital markets. The CSA is proposing to revise Multilateral Instrument 13-102 System Fees for SEDAR and NRD to implement a flat-fee model, rather than the current model where system fees are based on the number of jurisdictions where documents are filed.

Learn more


Request for Comments on Proposed Amendments for At-the-Market Shelf Distributions

Comments due: August 7, 2019

The CSA published for comment proposed amendments to CSA National Instrument 44-102 Shelf Distributions (Proposed NI 44-102), which would replace exemptive relief that reporting issuers have generally required to conduct at-the-market (ATM) distributions of equity securities.

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.


FSM Smart Ltd.

The OSC is warning investors that FSM Smart Ltd. is not registered in Ontario to solicit investments, provide brokerage services or offer advice on investing in, buying, or selling securities or commodities. Learn more


Convicted Fraudster Weizhen Tang

The OSC is warning Ontario investors not to invest with convicted fraudster Weizhen Tang or any companies associated with him including Weizhen Tang and Associates Inc., Oversea Chinese Fund Limited Partnership Business and Weizhen Tang Corp. Learn more


United Financial Commodity Group

The OSC is warning investors that United Financial Commodity Group (UFCG) is not registered to sell securities in Ontario. Learn more


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 staff are taking the Commission's regulatory mandate from Bay Street to Main Street with seminars on preventing fraud and making informed investment decisions.

  • July 4, 2019 - Toronto (Scarborough)
  • July 8, 2019 - Leamington
  • July 8, 2019 - Windsor
  • July 14, 2019 - Markham
  • July 16, 2019 - Toronto (Downtown)
  • July 18, 2019 - Oshawa
  • July 24, 2019 - Ancaster
  • July 25, 2019 - Hamilton
  • August 13, 2019 - Toronto (Etobicoke)

Learn more

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Seniors may benefit from these 3 tax credits.

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