The Ontario Securities Commission administers and enforces securitieslegislation in the Canadian province of Ontario. The OSC is an Ontario Crown corporation which reports to the Ontario legislature through the Minister of Finance. Securities are tradeable interests representing financial value. ... Legislation refers 1. ... Canada consists of ten provinces and three territories. ... Motto: Ut Incepit Fidelis Sic Permanet (Loyal she began, loyal she remains) Other Canadian provinces and territories Capital Toronto Largest city Toronto Lieutenant Governor James K. Bartleman Premier Dalton McGuinty (Liberal) Area 1,076,395 km² (4th) - Land 917,741 km² - Water 158,654 km² (14. ... In Commonwealth countries a Crown corporation is a state-controlled company or enterprise (a public corporation). ... The Ontario Legislature Building at Queens Park The Legislative Assembly of Ontario, is the legislature of the Canadian province of Ontario. ...
The OSC is administered by the Securities Act and the Commodity Futures Act. Investment is a term with several closely related meanings in finance and economics. ... In the broadest sense a fraud is any crime (or civil wrong) for gain that utilises some deception practiced on the victim as its principal method. ... Capital has a number of related meanings in economics, finance and accounting. ... Public is of or pertaining to the people; belonging to the people; relating to, or affecting, a nation, state, or community; opposed to private; as, the public treasury. ... Investment is a term with several closely related meanings in finance and economics. ... In political science confidence refers to a governments support in the legislature. ...
The Commission received approval from the Ministry of Finance to retain $12.0 million, which may only be used toward implementation costs of the proposed merger with the Financial Services Commission of Ontario as described in Note 12, and are subject to appropriate terms and conditions agreed with the Ministry of Finance, including:
The Commission, together with the Alberta SecuritiesCommission, the British Columbia SecuritiesCommission, and the Investment Dealers Association is contingently liable for a $4.25 million assured payment in respect of the development of NRD.
The Commission has reached a number of settlement agreements arising from enforcement proceedings where monies from these settlements are received or receivable by the Commission to be set aside and allocated to such third parties as the Commission may determine.