Insurance agent qualification deal with Quebec regulator will kill jobs, increase costs

Date:

A deal seen as appeasing Quebec by handing its financial regulator a key contract to license and educate life insurance agents across the country could jeopardize Ontario private-sector jobs and drive up costs for participants, businesses say.

Starting in January 2016, the current system of licensing life insurance agents in Quebec will be merged with the regime governing the process in the rest of Canada, according to the Canadian Insurance Services Regulatory Organizations (CISRO).

Read full article here.

Armina Ligaya – Financial Post – March 27, 2014.

Want More Investigative Content?

Curate RegWatch
Curate RegWatchhttps://regulatorwatch.com
In addition to our original coverage, RegWatch curates top stories on issues and impacts arising from the regulation of economic, social and environmental activity in Canada and the U.S.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

MORE VAPING

Stakeholder Consultation Webinar | Health Canada Flavour Ban (Full)

Stakeholder consultation webinar hosted by Health Canada on the proposed ban on flavours in nicotine vaping products. Presentation by Maria Papaioannoy-Duic, Vaping Activist, Rights 4...