FSRA2025-001 - Credit Bureau Information

FSRA is a regulatory agency of the Ontario government. It was launched in 2019 to regulate certain public sector industries, thereby enhancing public confidence in these sectors. FSRA has responsibility for regulating property and casualty insurance (including auto insurance); life and health insurance; credit unions and caisses populaires; loan and trust companies; mortgage brokers; health service providers (related to auto insurance); and pension plans. FSRA’s vision is financial safety, fairness, and choice for Ontarians. Its mission is public service through dynamic, principles-based and outcomes-focused regulation. FSRA’s values are based on honesty, impact, credibility, empathy, collaboration, and empowerment. Project Scope Pensions need to continue receiving business credit information to evaluate the credit worthiness and financial health of companies who are sponsors for PBGF-eligible registered pension plans. In addition, Pensions is seeking risk rating capacity to analyze and rank the solvency risks in the pension plan sponsors.