OTTAWA – Sport builds communities, stimulates economies, and contributes to the overall well-being of Canadians and the country. However, without sufficient safeguards and accountability, sport can also do harm. There is an urgent need to address the systemic maltreatment and abuse that continues to occur at all levels and contexts of sport. That’s why the Government of Canada is working …
Protecting Canadians with existing mortgages
Ottawa – The Financial Consumer Agency of Canada (FCAC) protects Canadians by supervising the compliance of federally regulated financial entities, such as banks, with their legislative obligations, codes of conduct and public commitments, and by strengthening Canadians’ financial literacy. In response to the challenges facing consumers in the current economic environment, FCAC has published a Guideline on Existing Consumer Mortgage Loans …
Changes to Public Service Employment Act now in effect
Changes to address biases and barriers in public service staffing Gatineau – The Public Service Commission of Canada (PSC) announced the coming into force of the final 2 amendments to the Public Service Employment Act. The changes are part of several legislative amendments that came into force in stages, all with the goal of creating a more inclusive and diverse public service …
Brampton to host June 8 Tele Town Hall on Dissolution of Peel
BRAMPTON – The City of Brampton invites residents and businesses to join a Tele Town Hall on June 8 to discuss the Ontario Government’s decision to dissolve the Region of Peel in 2025 and what a fair dissolution means for Brampton. Members of Council and City staff would like to receive input from Brampton residents on the dissolution process, which …
Strong consumer protection for open banking in Canada
FCAC survey shows Canadians’ knowledge and understanding of open banking is low Ottawa – The Financial Consumer Agency of Canada (FCAC) published a report on the results of its public opinion research into Canadians’ awareness and understanding of open banking and financial technology (fintech) services. As part of its mandate, FCAC monitors and evaluates trends and emerging issues that affect …