Advisory committees

As part of policy and rule development, the Ontario Securities Commission (OSC) has established several advisory committees to gather input on securities regulation issues and industry trends. Community and industry representatives advise on the development of new or amended securities regulation.

OSC advisory committees include:

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.

As a rule, the OSC seeks applicants for its advisory committees in a news release approximately one to two months prior to selection.

OSC advisory committees

The Continuous Disclosure Advisory Committee 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)

  • Michael Balter (Chair), Ontario Securities Commission
  • Tracie Allan, Sun Life Financial
  • 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, West Face Capital Inc.
  • Anthony Scilipoti, Veritas Investment Research Corporation
  • Alyson Slater, Global Risk Institute in Financial Services 
  • Julia Suk, Deloitte LLP
  • 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 advises OSC staff on technical compliance challenges in the investment funds product regulatory regime and highlights opportunities for improving alignment between investor, industry. and regulatory goals.

Members of the Investment Funds Technical Advisory Committee (2021-2023)

  • Shalomi Abraham, Invesco Canada Ltd.
  • Steve Banquier, TD Securities Inc.
  • Carlos Cardone, Investor Economics - ISS Market Intelligence
  • Mario Cianfarani, Vanguard Investments Canada Inc.
  • Aidan Coulter, Fundserv Inc.
  • Thomas Di Stefano, Fiera Capital Corporation
  • Brad Gerster, Franklin Templeton Investments Corp.
  • Alan Goldhar, Durham College
  • Matthew Graham, RBC Global Asset Management
  • Elsa Li, CI Global Asset Management
  • Robert Lemon, CIBC World Markets Inc.
  • David M. Morrison, Morrison Financial
  • Florence S. Narine, AGF Investments Inc.
  • Anne Ramsay, EMJ Capital Ltd.
  • Gillian Seidler, Mackenzie Financial Corporation
  • Michael Thom, CFA Societies Canada

OSC contacts 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 responds to public consultations 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

  • Daniel Brunet
  • Brigitte Catellier
  • Neil Gross, Chair
  • Serge Kalloghlian
  • Supriya Kapoor
  • Ivy Lam
  • Cary List
  • James (Jim) Sinclair
  • Leslie Wood

Contact the Investor Advisory Panel

Email: [email protected]

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

Members of the Market Structure Advisory Committee (October 2021-October 2023)

  • Alex Perel, Scotia Capital
  • Bryan Blake, MATCHNow
  • Cindy Petlock, Independent
  • Dan Kessous, Nasdaq Canada
  • Daniel Schlaepfer, Select Vantage Canada
  • David Hecht, TD Securities
  • Irina Issakova, TD Asset Management
  • Jeff Varey, RBC Capital Markets
  • John Christofilos, AGF Investments
  • Katya Malinova, McMaster University
  • Kelly Reynolds, Hillsdale Investment Management
  • Mike Barclay, Morgan Stanley Canada
  • Richard Carleton, Canadian Securities Exchange
  • Rizwan Awan, TMX Group
  • Robert Gouley, OMERS Capital Markets
  • Stephen Bain, London Stock Exchange Group
  • Susan Greenglass (Chair), Ontario Securities Commission

OSC contacts for the Market Structure Advisory Committee

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

Tracey Stern, Manager, Market Regulation
Phone: 416-593-8167
Email: [email protected]

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

 

The Registrant Advisory Committee serves as a forum to discuss the 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 2021 – December 2022)

  • Brad Beuttenmiller, Franklin Templeton Investments Corp.
  • Kevin Brown, MD Financial Management Inc.
  • Debra Foubert (Chair), Ontario Securiites Commission
  • Melissa Ghislanzoni, Portfolio Management Association of Canada
  • Christopher Kozub, Private Capital Markets Association of Canada
  • Cathy Lin, Burgundy Asset Management Ltd.
  • Robyn Mendelson, Fidelity Investments Canada ULC
  • Liis Palmer, Cassels Investment Management Inc.
  • Paul Spagnolo, Sionna Investment Managers Inc.
  • Rob Wortzman, Wildeboer Dellelce LLP

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 provides advice to the OSC on legislative and policy initiatives, and capital markets trends.

Members of the Securities Advisory Committee

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

  • Chris Birkett, Toronto Stock Exchange
  • Margaret Chow, Richardson GMP Limited
  • Katie Daniels, Canada Pension Plan Investment Board
  • Bradley Freelan, Fasken Martinea DuMoulin LLP
  • Linda Fuerst, Norton Rose Fulbright Canada LLP
  • Desmond Lee, Osler, Hoskin & Harcourt LLP
  • Jennifer F. Longhurst, Davies Ward Phillips Vineberg LLP
  • Julie Mansi, Borden Ladner Gervais LLP
  • Leila Rafi, McMillan LLP
  • Rima Ramchandani, Torys LLP
  • Naizam Kanji (Chair), Ontario Securities Commission
  • Chris Sunstrum, Goodmans LLP
  • Ora Wexler, Dentons Canada LLP

OSC contacts for the Securities Advisory Committee

Oren Winer, Senior  Legal Counsel
Phone: 416-593-8250
Email: [email protected]

The Securities Proceedings Advisory Committee provides comments and advice to the OSC’s Office of the Secretary on policy and procedural initiatives relating to the Commission’s administrative tribunal proceedings.

Members of the Securities Proceedings Advisory Committee

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

  • Robert Blair, Manager, Adjudication Legal Services, Office of the Secretary, OSC
  • James Camp, Camp Advocacy
  • Adam Chisholm, McMillan LLP
  • David Conklin, Goodmans LLP
  • Derek Ferris, Senior Litigation Counsel and Case Lead, Enforcement, OSC
  • Lara Jackson, Cassels Brock & Blackwell LLP
  • Craig Lockwood, Osler, Hoskin & Harcourt LLP
  • Grace Knakowski (Chair), Secretary to the Commission, OSC
  • Karen Manarin, RCMP, Toronto Integrated Market Enforcement Team
  • Doug McLeod, Blake, Cassels & Graydon LLP
  • Brad Moore, Fasken Martineau DuMoulin LLP
  • David Sischy, Groia & Company Professional Corporation
  • Carolyn Slon, Senior Legal Counsel, Office of the Secretary, OSC (secretary to SPAC)
  • Johanna Superina, Deputy Director, Enforcement, OSC
  • Natalia Vandervoort, TD Bank Group

OSC contacts for the Securities Proceedings Advisory Committee

Grace Knakowski, Secretary to the Commission, Office of the Secretary
Phone: 416-596-4252
Email: [email protected]

Robert Blair, Manager, Adjudication Legal Services, Office of the Secretary
Phone: 416-593-8151
Email: [email protected]

Carolyn Slon, Senior Legal Counsel (Secretary to the Committee), Office of the Secretary
Phone: 416-593-2364
Email: [email protected]

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

Members of the Seniors Expert Advisory Committee (2021 -2022)    

  • Dr. Joe Bornstein
  • Arthur Fish
  • Tyler Fleming (Chair)
  • Harold Geller
  • Marta C. Hajek
  • Ken Kivenko
  • Jennifer Moir
  • Kavina Nagrani
  • Lindsay Rogan
  • Angela Salmon
  • Keith Sjogren
  • Laura Tamblyn Watts
  • Danielle Tetrault
  • James Turner
  • Alexis Wenzowski
  • 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 advises the OSC staff on current business practices and emerging trends affecting small businesses in both the public and private markets. The Committee also provides feedback on the effectiveness of Corporate Finance policies and initiatives related 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
Siri C Genik BRIDGE©
John A. Fabello Tory's LLP
Peter Irwin Retired (formerly Managing Director, CIBC World Markets)
Matthew Ivis Canadian Venture Capital and Private Equity Association
Jo-Anne Matear (Chair) Ontario Securities Commission
Liis Palmer Cassels Investment Management Inc.
Grant Redpath PwC LLP
Kay Schonberger RBC Capital Markets
Pierre Soulard Miller Thomson LLP
Rob Theriault Canadian Securities Exchange
Jonathan Tong Miller Thomson LLP

 

Contact for the Small Business Advisory Committee


Jo-Anne Matear, Manager, Corporate Finance Branch
[email protected]
Stacy Cao, 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 provides advice to the CSA Chief Accountants Committee (CAC) on relevant policy initiatives and technical accounting and auditing issues, specifically those issues related 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
  • Richard Cracknell, BDO LLP
  • Craig Cross, RSM Canada
  • Laney Doyle, EY Canada
  • Carla-Marie Hait, British Columbia Securities Commission
  • Deanne Kennedy, Deloitte LLP
  • Katharine Christopoulos, Canadian Accounting Standards Board
  • Cheryl McGillivray, Alberta Securities Commission
  • Cameron McInnis (Chair), Ontario Securities Commission
  • Brad Owen, KPMG LLP
  • Suzanne Poulin, Autorité des marchés financiers
  • Will Pullenayegum, MNP LLP
  • Rinna Sak, Grant Thornton LLP
  • Karen DeGiobbi, Auditing and Assurance Standards Board

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 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 (October 2020-October 2023)

  • Brian Abraham, Dentons Canada LLP
  • Luc Arsenault (TSX Observer), Toronto Stock Exchange
  • Sébastien Bernier, Yamana Gold Inc.
  • James Brown, Osler Hoskin & Harcourt LLP
  • Natalie Caciagli, BHP
  • Chris Collins (Co-Chair), British Columbia Securities Commission
  • Guy Desharnais, Osisko Gold Royalty Ltd.
  • Daniella Dimitrov, IAMGOLD Corporation
  • Jason Dunning, Adventus Mining Corporation
  • Greg Gosson, Wood PLC
  • Thomas Hasek (IIROC Observer), IIROC
  • Tania Ilevia, Micon International Ltd.
  • Garth Kirkham (CIM Observer), Kirkham Geosytems Ltd.
  • Darcy Krohman (CSE Observer), Canadian Securities Exchange
  • Stefan Lopatka (TSXV Observer), TSX Venture Exchange
  • Deb McCombe (CIM Observer), SLR Consulting
  • Ross Pritchard, Teck Resources Limited
  • Rolf Schmitt, ERM Consultants Canada Ltd.
  • Shervin Teymouri, Mineit Consulting Inc.
  • Craig Waldie (Co-Chair), Ontario Securities Commission

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]

Chris Collins, Chief Mining Advisor, Corporate Finance, British Columbia Securities Commission
Phone: 604-899-6616
Email: [email protected]