The Office of the Superintendent of Financial Institutions (OSFI)

  • Primary regulator and supervisor of federally regulated deposit-taking institutions, insurance companies, and private pension plans
  • Interprets and applies legislation and regulations, issues guidelines, and approves requests from federally regulated institutions
  • Makes interventions to protect the rights and interests of depositors, policyholders and pension plan members

The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)

FINTRAC ensures the compliance of businesses subject to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and associated Regulations. It provides financial intelligence for law enforcement and national security agencies to assist in the investigation of money laundering and terrorist activity financing offences.

The FINTRAC fulfills its mandate through the following activities:

Financial Consumer Agency of Canada (FCAC)

The FCAC:

  • Supervises compliance with federal consumer protection laws that apply to banks and federally incorporated trust, loan and insurance companies
  • Protects the rights and interests of consumers of financial products and services
  • Educates Canadians to increase financial literacy and inform consumers of financial products and services
  • Researches trends and emerging issues that may impact consumers of financial products and services

Social Security Tribunal (SST)

The Social Security Tribunal hears appeals on government decisions regarding 

  • Employment Insurance (EI), 
  • Canada Pension Plan (CPP) disability appeals, 
  • Other appeals related to CPP retirement pensions, post-retirement benefits, survivor’s pensions, orphan’s benefits, death benefits, and 
  • Old Age Security (OAS)

The first level of appeal from Service Canada goes to the General Division. The Appeal Division deals with appeals from the General Division.