http://faircanada.ca/about-us/
- Combating financial fraud and improving compensation for victims
- Financial fraud is a major problem in Canada. The current system does not provide sufficient investor protection or compensation, nor does it adequately deter or punish fraudsters.
- FAIR Canada will develop a strategy aimed at
- improving the prevention, detection, investigation, prosecution, and punishment of financial fraud;
- educating investors, especially vulnerable groups, about the importance of dealing with registered individuals or firms and the implications of SRO membership and compensation fund backing; and,
- improving avenues of compensation for victims of financial fraud.