Joining the Securities Passport System and Promoting Modern Regulatory Practices
Ontario continues to build on the momentum of the Canada Investment Summit 2026 to strengthen its position as a leading destination for investment, entrepreneurship and innovation.
Ontario, the federal government, regulators and the business community must work together to build a more competitive and productive economy by enabling domestic capital, supporting business growth, and commercializing and retaining Ontario-developed intellectual property.
Modern financial and capital markets are essential to connecting businesses with the investment they need to grow and compete on the global stage.
As capital, talent and innovation become increasingly mobile, Ontario and its regulators need to continue to reduce complex and duplicative requirements, lower costs, and support businesses to continue investing and raising capital. Ontario will continue pursuing a regulatory environment that supports capital formation, competitiveness and growth.
Ontario’s leadership in joining Canada’s securities regulatory passport system will help reduce duplication, improve efficiency and better integrate Canada’s capital markets. However, further action is needed across jurisdictions to remove interprovincial barriers, improve harmonization and reduce unnecessary regulatory and compliance burdens. These efforts will help businesses access capital, improve productivity and compete globally.
The government is also proposing to extend the duration of interim class orders issued by the Ontario Securities Commission to provide businesses and investors with greater regulatory certainty as permanent rules are developed.
In spring and summer 2026, Ontario held roundtables with financial services and capital markets participants. Building on these discussions, the government will continue working with regulators, industry, and market participants to:
- Remove interprovincial barriers and reduce red tape;
- Mobilize more Canadian capital for Canadian businesses, technologies and infrastructure;
- Improve access to capital for businesses at various stages of growth;
- Support the creation, growth and retention of businesses, investment and head offices in Ontario; and
- Strengthen the global competitiveness of Ontario’s financial services and capital markets.
A more efficient and competitive regulatory environment will help attract and retain investment, businesses, talent and intellectual property in Ontario.
Protecting Consumers in the Life and Health Insurance Sector
The government is protecting consumers and maintaining confidence in Ontario’s life and health insurance sector. Following a pause on implementation in spring 2026, the government is introducing legislative amendments to Ontario’s Life and Health Managing General Agent licensing framework that would refine the scope of capture to reduce regulatory burden and provide greater clarity for the sector, while strengthening industry oversight and accountability, and maintaining strong consumer protection.