The Portfolio Management Association of Canada (“PMAC”), through its Industry, Regulation & Tax Committee, is pleased to have the opportunity to participate in the Ontario government consultation process (the “Consultation”) regarding Financial Advisory and Financial Planning Policy Alternatives. We believe there should be a legal framework in place to regulate the activities of individuals who offer financial planning, advice and services to Canadian investors and are pleased to support the Expert Committee’s work in providing key recommendations to the Ontario government for review in 2016. We are pleased the Ministry extended the comment period for this important consultation as the issues raised in the Consultation Document are complex and require careful consideration.
