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NEWS & MEDIA | Government Submissions

April, 2008
Submission to the CCIR Incidental Selling of Insurance Working Group
As intermediaries, our first priority is always to act in the best interest of our client. In reviewing this paper, we have done so from the perspective of the consuming public.
Incidental Selling of Insurance (25 Kb)


March 12, 2008
An Approach to Risk-Based Market Conduct Regulation
Examining the concept proposed by the Council from a consumer’s point of view, we have concern on conceptual clarity. We would ask for an opportunity to discuss with the Council the kinds of specific examples one would see with a change from a rules-based regime to a risk-based one.
An Approach to Risk-Based Market Conduct Regulation (83 Kb)


February 20, 2008
Pre-Budget Recommendations - Reduce capital gains tax on sale or transfer of brokerages Background
Many insurance brokerages are family owned and operated. Understandably, it is common for many generations of the same family to work and invest in the same business. Equally so, it is common and natural that ownership of these brokerages be passed on within the family, from one generation to the next.
Budget 2008 (235 Kb)


February 13, 2007
Access to Information, Privacy and Ethics Committee
IBAC appears before the House of Commons Standing Committee on Access to Information, Privacy and Ethics.
Privacy Hearing Presentation (72 Kb)


May 31, 2005
Comments on Finance Department’s Consultation Document for the 2006 Bank Act Review
Attached you will find the comments of the Insurance Brokers Association of Canada (IBAC) on your Department’s Consultation Document for the 2006 Review of Financial Institutions Legislation which includes the Bank Act.  IBAC thanks you and your Department for the opportunity to present our views on this important matter.
2006 Review of Financial Institutions Legislation (1.76 Mb)


February 2006
Response to the CCIR and CISRO Consultation Paper of November 2005
Although provincial insurance brokers associations may be submitting their own submissions in this matter, IBAC is presenting our profession’s position from a national perspective seeing that this consultation deals with suggestions of harmonizing throughout the country.
Response to the CCIR and CISRO Consultation Paper of November 2005 (20 Kb)


August 2005
Response to the CCIR and CISRO Consultation Paper of June 3, 2005
In this submission, IBAC will be providing a national response only. As a national association of provincial brokers associations, we represent commonalities to all jurisdictions, and therefore will not be embarking on regional or provincial specific issues.
Response to the CCIR and CISRO Consultation Paper of June 3, 2005 (34 Kb)


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