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Investor News
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June 20, 2023
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Putting the brakes on debt
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Did you know Canadians have the highest level of household debt in the G7? While debt can be useful it can also be stressful. Consider trying some solid strategies to help you tackle your debt and get on firmer financial footing.
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Registered funds for your retirement
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Multilingual resources for seniors
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Older Canadians have a variety of financial needs, from planning for retirement to paying off debt. Investing introduction has information in 22 languages to help investors, including seniors, in languages other than English and French.
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School’s almost out for summer
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If you’re planning to soak up the sun on a trip this summer, lighten your load by leaving financial stress at home. Read our tips to get your finances vacation ready.
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Budgeting in bumpy times
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It can be hard to manage your money as grocery prices change and interest rates alter. But creating a budget is a helpful financial tool for saving, spending and paying off debt. It can give you a clear picture of where your money is going.
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Stop financial elder abuse
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Spot the signs of financial elder abuse so you can help stop it.
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Summing up mortgages
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About three-quarters of household debt in Canada is in mortgages. Add up alternate ways to pay it off with our calculator.
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Regulatory Updates & Initiatives
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Here are some recent developments and publications:
- CSA raised awareness of financial abuse of older Canadians on World Elder Abuse Awareness Day.
- CSA announced exemption from certain filing requirements of National Instrument 24-101 Institutional Trade Matching and Settlement
- CSA and the Canadian Council of Insurance Regulators (CCIR) announced the launch of a total cost reporting implementation committee with the participation of the Canadian Investment Regulatory Organization (CIRO).
- CSA announced exemptions from certain filing requirements during deferred launch of SEDAR+.
- The OSC is inviting applications for membership on its Market Structure Advisory Committee.
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The power of having a power of attorney
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A power of attorney (POA) gives someone else — in certain defined situations — the legal ability to act and make decisions for you. It’s a good idea to put one in place while you are healthy and before any issues arise that could affect your ability to act for yourself. Find out more about how a POA works.
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Long-term care planning
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Changes in health can occur suddenly and at any time to you or your loved ones. Find out more about the resources that can help you as a caregiver or as someone who needs extra help.
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Free resources for advisors who work with seniors
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We often get questions from advisors and the financial industry about how to engage with older or vulnerable investors, including around discussion on appointing a Trusted Contact Person. We’ve created white label materials (resources that can be adapted and branded by firms) that can help. They cover topics such as spotting the signs of financial exploitation and working with older clients.
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Warnings & Alerts
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Always know the 10 most recent OSC investor warnings and alerts by bookmarking this Fact Card or embedding it on your website or blog.
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Upcoming events
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OSC in the Community
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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.
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Request an OSC in the Community presentation for your club or organization here.
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June 21, 2023 Presentation, Hamilton, Local 18 Retirees Club
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June 22, 2023 Webinar, Ottawa, YMCA Ottawa BuildON
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June 22, 2023 Presentation, Vaughan, Pierre Berton Resource Library
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Consultations
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Comments due: July 12, 2023
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The CSA is seeking public comment on proposed amendments to corporate governance disclosure rules and policy relating to the director nomination process, board renewal and diversity.
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OSCAR’s tip:
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Here are 7 tips to be a smart investor.
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Follow Us
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© Ontario Securities Commission 2023
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