Advisory committees

The Executive and staff of the Ontario Securities Commission (OSC) operating branches are supported by various third-party advisory committees that have been established for one or more of the following purposes:

  • To provide a broad range of ideas and expertise as new policy initiatives are developed
  • To help the OSC understand how a specific, recently implemented policy is affecting capital market participants
  • To improve the OSC’s understanding of the concerns and issues faced by a stakeholder group on an ongoing basis.

OSC advisory committees include:

Capital Markets Tribunal advisory committee: 

CSA advisory committees include:

We welcome input from individuals with a variety of expertise and from a range of industry sectors. The OSC actively solicits applications from interested parties as positions become available.

OSC advisory committees

The Advisory Council to the CEO provides advice to Grant Vingoe, CEO of the OSC, on emerging issues impacting the industry, investors and Ontario's capital markets.


Members of the Advisory Council to the CEO


  • Riaz Ahmed, President and CEO, TD Securities and Group Head, Wholesale Banking, TD Bank Group
  • Wendy Berman, Partner, McCarthy Tétrault LLP
  • Daniel Daviau, President and CEO, Canaccord Genuity Group Inc.
  • Neil Gross, Chair of the OSC’s Investor Advisory Panel
  • Michael Katchen, CEO, Wealthsimple 
  • Michelle Khalili, Managing Director and Head, Global Equity Capital Markets, Scotiabank
  • Bruce Macdonald, a highly experienced financial services professional 
  • Patricia Olasker, Partner, Davies Ward Phillips & Vineberg LLP     
  • Gerry Rocchi, Vice-Chair, Healthcare of Ontario Pension Plan
  • Doug Steiner, a highly experienced financial services professional
  • Rob Strickland, President, Fidelity Investments Canada


OSC contact for the Advisory Council to the CEO

Kristen Rose, Manager, Public Affairs, Ontario Securities Commission
Email: [email protected]

The Continuous Disclosure Advisory Committee (CDAC) advises OSC staff on the development, implementation, and review of continuous disclosure policies and practices.

Members of the Continuous Disclosure Advisory Committee (June 2021-June 2023)

  • Tracie Allan, Sun Life Financial
  • Michael Balter (Chair), Ontario Securities Commission
  • Josie Caldas, Royal Bank of Canada 
  • Valerie Douville, TMX Group Ltd.
  • Lucy Durocher, PricewaterhouseCoopers LLP
  • Wendi Locke, McCarthy Tétrault LLP
  • Vaughn MacLellan, DLA Piper (Canada) LLP
  • Catherine McCall, Canadian Coalition for Good Governance
  • Matthew Merkley, Blake, Cassels & Graydon LLP
  • Martha Moen, Broadridge Financial Solutions, Inc.
  • Sean Musselman, Ernst & Young LLP 
  • Philip Panet, Waratah Capital Advisors Ltd.
  • Anthony Scilipoti, Veritas Investment Research Corporation
  • Alyson Slater, Global Risk Institute in Financial Services 
  • Julia Suk, KPMG
  • Kevin Thomas, Shareholder Association for Research & Education
  • Robin Upshall, Davies Ward Phillips & Vineberg LLP

OSC contacts for the Continuous Disclosure Advisory Committee

Michael Balter, Manager, Corporate Finance
Phone: 416 593-3739
Email: [email protected]

Jonathan Blackwell, Senior Accountant, Corporate Finance
Phone: 416-593-8138
Email: [email protected]

The Investment Funds Technical Advisory Committee (IFTAC) advises OSC staff on technical compliance challenges in the investment funds product regulatory regime, and on opportunities for improving alignment between investor, industry and regulatory goals.

Members of the Investment Funds Technical Advisory Committee (2023-2025)

  • Shalomi Abraham, Invesco Canada Ltd.
  • Gavin Brancato, National Bank Financial Markets
  • Johnathon Brent, TD Securities Inc.
  • Carlos Cardone, Investor Economics - ISS Market Intelligence
  • Mario Cianfarani, Vanguard Investments Canada Inc.
  • Matthew Graham, RBC Global Asset Management
  • Elsa Li, CI Global Asset Management
  • Dara (Scepanovic) Moore, AGF Investments Inc.
  • Alex Perel, Scotiabank Global Banking & Markets
  • Anne Ramsay, Ramsay Advisors
  • Kevin Rusli, Blake, Cassels & Graydon LLP
  • Gillian Seidler, Mackenzie Financial Corporation
  • Robert Sklar, Fidelity Investments Canada ULC
  • Michael Thom, CFA Societies Canada
  • Hail Yang, BlackRock, Inc.

OSC contact for the Investment Funds Technical Advisory Committee

Melissa Schofield, Senior Legal Counsel, Investment Funds & Structured Products   
Phone: 416-595-8777   
Email: [email protected]

The Investor Advisory Panel (IAP) is an independent advisory panel to the OSC. The IAP makes submissions in response to public requests for comment by the Commission on proposed rules, policies, concept papers, and discussion drafts. 

The IAP also provides comments on the OSC’s proposed annual Statement of Priorities, brings forward policy issues for consideration, and advises on the effectiveness of the OSC’s investor protection initiatives.

Members of the Investor Advisory Panel

  • Brigitte Catellier
  • Supriya Kapoor
  • Deborah Leckman
  • Cary List
  • Parham Nasseri
  • James (Jim) Sinclair
  • Ilana Singer (Chair)
  • Leslie Wood

Contact the Investor Advisory Panel

Email: [email protected]

The Market Structure Advisory Committee (MSAC) serves as a forum to discuss issues and policy and rule-making initiatives associated with market structure and marketplace operations in the Canadian and global capital markets.

Members of the Market Structure Advisory Committee (October 2023-October 2025)

  • Andreas Park, Rotman School of Management, University of Toronto
  • Bryan Blake, MATCHNow
  • Cindy Petlock, Tradelogiq Markets Inc.
  • Craig Hurl, Independent
  • David Lauer, Urvin Finance
  • Doug Clark, TMX Group
  • Irina Issakova, TD Asset Management Inc.
  • John Christofilos, AGF Investments Inc.
  • Laflèche Montreuil, Desjardins Securities
  • Mike Barclay, Morgan Stanley Canada
  • Patrick McEntyre, National Bank Financial Inc.
  • Randee Pavalow, Independent
  • Susan Greenglass (Chair)
  • Tracey Stern, Canadian Securities Exchange

OSC contacts for the Market Structure Advisory Committee

Michelle Alexander, Manager, Market Regulation 
Phone: 416-593-8150 
Email: [email protected]

Susan Greenglass, Director, Market Regulation 
Phone: 416-593-8140 
Email: [email protected]

Alex Petro, Trading Specialist, Market Regulation 
Phone: 416-263-3796 
Email: [email protected]


The Registrant Advisory Committee (RAC) serves as a forum to discuss issues and challenges faced by registrants in interpreting and complying with Ontario securities law, including registration and compliance-related matters.

Members of the Registrant Advisory Committee (January 2023 – December 2024)

  • David P. Baskin, Baskin Financial Services Inc.
  • Bill Chinkiwsky, CI Investments Inc.
  • Joe DaSilva, Sprucegrove Investment Management Ltd.
  • Mary Joyce Empensando, Questrade Wealth Management Inc.
  • Daniela Follegot, RBC Global Asset Management Inc.
  • Debra Foubert (Chair), Ontario Securities Commission
  • Melissa Ghislanzoni, Portfolio Management Association of Canada
  • Christopher D. Keeley, Inukshuk Capital Management Inc. 
  • Christopher Kozub, Private Capital Markets Association of Canada
  • Robyn Mendelson, Fidelity Investments Canada ULC
  • Liis Palmer, Cassels Investment Management Inc.
  • Richard Roskies, AUM Law Professional Corporation
  • Dave Santiago, Trinity Compliance Partners Inc.
  • Minal Upadhyaya, Capital International Asset Management (Canada), Inc.
  • Colette Ward, Connor, Clark & Lunn Funds, Inc., Crestpoint Asset Management Ltd.

OSC contacts for the Registrant Advisory Committee

Debra Foubert, Director, Compliance & Registrant Regulation
Phone: 416-593-8345
Email: [email protected]

Felicia Tedesco, Deputy Director, Compliance & Registrant Regulation
Phone: 416-593-8273
Email: [email protected]

Merzana Martinakis, Senior Accountant, Compliance & Registrant Regulation
Phone: 416-593-2398
Email: [email protected]

The Securities Advisory Committee (SAC) provides advice to the OSC on legislative and policy initiatives, and on capital market trends.

Members of the Securities Advisory Committee

Three-year terms, staggered; appointments made every January.

  • Chris Birkett, Toronto Stock Exchange
  • Margaret Chow, TD Bank Group
  • Bradley Freelan, Fasken Martineau DuMoulin LLP
  • Jeff Hershenfield, Stikeman Elliott LLP
  • Rosalind Hunter, Osler, Hoskin & Harcourt LLP
  • Naizam Kanji (Chair), Ontario Securities Commission
  • Nancy Mehrad, Registrant Law Professional Corporation
  • Manoj Pundit, Borden Ladner Gervais LLP
  • Heidi Reinhart, Norton Rose Fulbright LLP
  • Robert Seager, Voorheis & Co. LLP
  • David A. Seville, Torys LLP
  • Chris Sunstrum, Goodmans LLP
  • Sandra Zhao, McMillan LLP

OSC contact for the Securities Advisory Committee

Tegan Raco, Legal Counsel
Phone: 416-263-7703
Email: [email protected]

The Seniors Expert Advisory Committee (SEAC) serves as a forum to discuss issues and challenges faced by seniors.  The Committee provides OSC staff with expert opinions and input on securities-related policy, operational, educational and outreach activities that are designed to meet the needs of older investors. Learn more about the SEAC members.

Members of the Seniors Expert Advisory Committee (2023-2024)     

  • Dr. Joe Bornstein
  • Arthur Fish
  • Tyler Fleming (Chair)
  • Marta C. Hajek
  • Ken Kivenko
  • Jennifer Moir
  • Lindsay Rogan
  • Angela Salmon
  • Laura Tamblyn Watts
  • Danielle Tetrault
  • Kimberly Whaley
  • Terri Williams

OSC contact for the Seniors Expert Advisory Committee

Tyler Fleming, Director, Investor Office
Phone: 416-593-8092
Email: [email protected]

The Small Business Advisory Committee (SBAC) advises the OSC staff on current business practices and emerging trends affecting small businesses in both the public and private markets. SBAC also provides feedback on the effectiveness of Corporate Finance policies and initiatives as they relate to small business. Members of the Small Business Advisory Committee

  • Tim P. Babcock, TSX Venture Exchange
  • Chad Bayne, Osler, Hoskin & Harcourt LLP
  • Melanie Cole, Aird & Berlis LLP
  • Lina Creta (Chair),  Ontario Securities Commission
  • John A. Fabello, Tory's LLP
  • Siri C Genik, BRIDGE©
  • Peter Irwin, Retired (formerly Managing Director, CIBC World Markets)
  • Matthew Ivis, Amazon Web Services, Inc.
  • Liis Palmer, Cassels Investment Management Inc.
  • Grant Redpath, PwC LLP
  • Kay Schonberger, TD Securities
  • Pierre Soulard, CoinSmart Financial Inc.
  • Rob Theriault, Listings & Regulations, CSE
  • Jonathan Tong, Miller Thomson LLP


OSC contacts for the Small Business Advisory Committee

Lina Creta, Manager, Corporate Finance Branch
[email protected]

Marija Loubser, Accountant, Corporate Finance Branch
[email protected]

CSA advisory committees

The OSC also participates on advisory committees of the Canadian Securities Administrators (CSA).

The Financial Reporting Advisory Committee (FRAC) provides advice to the CSA's Chief Accountants Committee on relevant policy initiatives and various technical accounting and auditing issues, that relate to financial reporting requirements and guidance in securities legislation in Canada. The committee also serves as a forum to discuss financial reporting practices and trends in the Canadian and global capital markets.

Members of the Financial Reporting Advisory Committee

  • Carolyn Anthony, PwC LLP
  • Brian Banderk, Alberta Securities Commission
  • Katharine Christopoulos, Canadian Accounting Standards Board
  • Richard Cracknell, BDO LLP
  • Mark Jakovcic, RSM Canada
  • Karen DeGiobbi, Auditing and Assurance Standards Board
  • Alexia Donoghue, Deloitte
  • Janice Rath, EY Canada
  • Anita Cyr, British Columbia Securities Commission
  • Cameron McInnis (Chair), Ontario Securities Commission
  • Gale Kelly, KPMG LLP
  • Will Pullenayegum, MNP LLP
  • Rinna Sak, Grant Thornton LLP

OSC contact for the Financial Reporting Advisory Committee

Cameron McInnis, Chief Accountant, Office of the Chief Accountant
Phone: 416-593-3675
Email: [email protected]

The Mining Technical Advisory and Monitoring Committee (MTAMC) provides advice to the CSA on technical issues relating to disclosure requirements for the mining industry. The committee also serves as a forum for continuing communication between the CSA and the mining industry.

Members of the Mining Technical Advisory and Monitoring Committee (2024-2026)

  • Brian Abraham, Dentons Canada LLP (retired)
  • Luc Arsenault (Observer), Toronto Stock Exchange
  • Sébastien Bernier, Pan American Silver Corp.
  • Simon Bottoms, Barrick Gold Corporation
  • Joanna Cameron, Osler Hoskin & Harcourt LLP
  • Guy Desharnais, Osisko Gold Royalty Ltd.
  • Jason Dunning, Evolution Mining
  • Nils Engelstad, Alamos Gold Inc.
  • Andrea FitzGerald, Cassels Brock & Blackwell LLP
  • Rajbir Gill, Wesdome Gold Mines Ltd.
  • Sally Gillies, Ausenco Engineering Canada Inc.
  • Thomas Hasek (Observer), Canadian Investment Regulatory Organization
  • James Hershaw, WATT Capital
  • Garth Kirkham (Observer), Kirkham Geosystems Ltd.
  • Darcy Krohman (Observer), Canadian Securities Exchange
  • Deborah McCombe (Observer), SLR Consulting
  • William McGuinty, OTD Exploration Services Inc.
  • Rolf Schmitt, ERM Consultants Canada Ltd.
  • Marilyn Spink, GS Group
  • Kristan Straub, Ring of Fire Metals
  • Craig Waldie (Co-Chair), Ontario Securities Commission
  • Yi Wang, Cameco Corporation
  • Ryan Weymark, Weymark Consulting Ltd.
  • Victoria Yehl (Co-Chair), British Columbia Securities Commission
  • Rod Young (Observer), TSX Venture Exchange

Contacts for the Mining Technical Advisory and Monitoring Committee 

Craig Waldie, Senior Geologist, Corporate Finance, Ontario Securities Commission
Phone: 416-593-8308
Email: [email protected]

Victoria Yehl, Manager, Mining, Corporate Finance, British Columbia Securities Commission
Phone: 604-899-6519
Email: [email protected]

The CSA Investor Advisory Panel (CSA IAP) is an independent advisory panel to the CSA. The CSA IAP provides feedback and written comments to existing and proposed CSA rules and policies, as well as ongoing concept papers and discussion drafts. The mandate is to represent the interests of retail investors across Canada by providing advice to the CSA on its policy and rulemaking initiatives that have an impact on retail investors.

Members of the CSA Investor Advisory Panel

  • Eric Spink (Chair)
  • Millie Acuna
  • Jason Alcorn
  • Cristie Ford
  • Neil Gross
  • Annick Kwetcheu Gamo
  • Susan Milburn
  • Brigitte Catellier

Contact the CSA Investor Advisory Panel

Email: [email protected]