Regulators · Canada
The Canadian Framework.
Prudential supervision is federal. Conduct supervision is provincial, and differs materially between provinces. Three provinces operate public auto insurers.
Canada and the United States are the markets Kempron is built for.
Federal
Prudential And Privacy
Office of the Superintendent of Financial Institutions
Prudential regulator of federally regulated financial institutions, expressly including property and casualty insurance companies and foreign insurance branches.
Guideline B-10, Third-Party Risk Management, effective 1 May 2024, widened the previous outsourcing framework to cover third-party arrangements generally, with expectations for risk assessment, contractual provisions, monitoring and exit. Arrangements entered into on or after that date are expected to comply; legacy arrangements are to be brought into line at the earliest appropriate renewal or revision point.
Guideline B-13, Technology and Cyber Risk Management, effective 1 January 2024, sets expectations across governance and risk management, technology operations and resilience, and cyber security.
Office of the Privacy Commissioner of Canada
Oversees the Personal Information Protection and Electronic Documents Act (PIPEDA), which governs the collection, use and disclosure of personal information in the course of commercial activity and applies in provinces that have not enacted substantially similar legislation.
Commission d'accès à l'information du Québec
Supervises Quebec's modernised private-sector privacy regime, commonly called Law 25, whose obligations were phased in between 2022 and 2024 and cover governance, breach reporting, consent, privacy impact assessments, data portability and rights in respect of decisions based exclusively on automated processing.
Alberta And British Columbia
Each has its own Personal Information Protection Act, recognised as substantially similar to PIPEDA for provincially regulated organisations, overseen by the respective Office of the Information and Privacy Commissioner.
Provincial
Conduct, Rating And Public Insurers
There is no single Canadian motor insurance market, and there is no single Canadian claims regulator.
Financial Services Regulatory Authority of Ontario
Regulates Ontario's insurance market, the largest private auto market in Canada. Ontario operates a statutory accident benefits schedule and has been the subject of successive reform packages.
Autorité des marchés financiers, and the Société de l'assurance automobile du Québec
Quebec splits the system. Bodily injury is handled by the public SAAQ. Property damage sits with private insurers supervised by the AMF, Quebec's integrated financial sector regulator.
Automobile Insurance Rate Board, Alberta
Supervises automobile insurance rating in Alberta. The province has been undergoing structural reform following the passage of Bill 47, the Automobile Insurance Act, which received Royal Assent in May 2025. (Insurance Bureau of Canada, 15 May 2025.)
The Public Insurers
British Columbia, Saskatchewan and Manitoba operate public automobile insurers — the Insurance Corporation of British Columbia, Saskatchewan Government Insurance and Manitoba Public Insurance. British Columbia's wider financial sector is supervised by the BC Financial Services Authority.
Adjacent Bodies
Not Regulators, But Part Of The Framework
- General Insurance OmbudService (GIO). Independent external dispute resolution for home, auto and business insurance consumers in Canada, after an insurer's internal complaints process is exhausted.
- General Insurance Statistical Agency (GISA). Collects and publishes statistical data on behalf of Canadian insurance regulators. Several figures used in the market pages originate with GISA.
- Insurance Bureau of Canada (IBC). The national industry association for private home, auto and business insurers. An advocacy and data body, not a regulator.
- Équité Association. The national not-for-profit serving property and casualty insurers on insurance crime, fraud prevention and vehicle recovery. Not a regulator.
None of these is a regulator.
On Accuracy. These pages name real bodies and real instruments. They are summaries for orientation, not legal advice, and not a substitute for the instruments themselves. Regulators and supervised firms who find an error here are invited to write to info@kempron.io; it will be corrected.
Jurisdictions that could not be sourced to this standard are not listed.