Gardening and investing have a lot in common. For both, patience and timing are critical. When the first crocus pops up, you may have an urge to clean up your garden and start planting. When your investment landscape changes, you may also have an urge to make quick adjustments. But in both cases, it’s often wiser to wait. This spring, try to pause and learn about the best time to tend your portfolio.

How a scammer might contact you

There are many ways a scammer could get in touch with you. And their tricky introductions can compromise your savings. Learn to spot the ways you could be contacted and tips to protect yourself.

Investing in a volatile world

Some investments change dramatically from one day to the next. A well-defined investment plan can help you be ready for market ups and downs. Read our four ways to deal with market volatility.

Seven good reasons to file your taxes

Compiling tax time paperwork may not be at the top of your fun list. But filing your taxes might bring you happy returns. Even if a refund is not coming, getting the job done can bring you peace of mind.

The collapse of Quadriga in 2019 caused massive losses for 76,000 investors from Canada and around the world, who collectively lost at least $169 million. About 40 per cent of these investors were Ontarians. Netflix is now streaming the documentary Trust No One: The Hunt for the Crypto King. Previously, OSC published a report outlining the events from Quadriga’s inception to its eventual collapse, with a focus on how the platform was run, what caused its collapse, and what happened to clients’ assets.

Regulatory Updates & Initiatives

Here are some recent developments and publications:

• Ontario Ministry of the Attorney General Notice: Civil and Administrative Forfeiture Program
• Canadian securities regulators introduce temporary exemptions to facilitate implementation of the OEO trailer ban. 
• Statement from the OSC on undertaking given by Binance Holdings Limited and Binance Canada Capital Markets Inc. (together, Binance), which holds these entities accountable for taking steps to address concerns arising from recent events.
• The Canadian Securities Administrators (CSA) is alerting all market participants to economic sanctions imposed by the Government of Canada recently under amendments to the Special Economic Measures (Russia) Regulations.
• The Canadian Securities Administrators (CSA) is inviting applications for membership on its Investor Advisory Panel (CSA IAP).
• The OSC issued an award of $240,000 to joint whistleblowers for information and assistance that led to the opening of a new investigation and resulted in a successful OSC enforcement action.
• Ontario strengthens consumer protection by regulating who can use Financial Planner and Financial Advisor titles.

The Government of Ontario announced it selected Grant Vingoe as the first dedicated CEO of the OSC. In this newly created role, Vingoe will continue to serve on the OSC’s Board of Directors. Additionally, OSC current Vice-Chair, Tim Moseley, was nominated as Chief Adjudicator of the commission’s new Capital Markets Tribunal. The government also announced its nominees for the OSC’s Board of Directors and the Capital Markets Tribunal, including Chair-nominee Heather Zordel.

Warnings & Alerts

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