Medieval Faire (Canada's Wonderland)

FAIR Canada Welcomes Ontario Government Proposals Aimed at Better Protecting Investors

Retrieved on: 
Friday, November 3, 2023

“We specifically welcome the proposed enhancements to improve investor confidence and enhance investor protections,” said Jean-Paul Bureaud, Executive Director of FAIR Canada.

Key Points: 
  • “We specifically welcome the proposed enhancements to improve investor confidence and enhance investor protections,” said Jean-Paul Bureaud, Executive Director of FAIR Canada.
  • “Both are critical to promoting vibrant capital markets that can sustain economic growth and development.”
    In particular, FAIR Canada welcomes the government’s plan to introduce a statutory process for distributing disgorged funds to harmed investors.
  • FAIR Canada has long advocated that investment dealers be bound by recommendations made by the Ombudsman for Banking Services and Investments (OBSI) following a fair and impartial process.
  • “These proposals are a step towards promoting better outcomes for Ontario investors,” said Bureaud.

FAIR Canada – Coalition Applauds OBSI’s Selection as Sole External Body for Banking Complaints

Retrieved on: 
Tuesday, October 17, 2023

TORONTO, Oct. 17, 2023 (GLOBE NEWSWIRE) -- On behalf of a coalition of consumer advocates, FAIR Canada commends the federal government for following through on its commitment to appoint a single external complaints body (ECB) for all banking complaints.

Key Points: 
  • TORONTO, Oct. 17, 2023 (GLOBE NEWSWIRE) -- On behalf of a coalition of consumer advocates, FAIR Canada commends the federal government for following through on its commitment to appoint a single external complaints body (ECB) for all banking complaints.
  • “FAIR Canada and other consumer groups have repeatedly pointed out how Canada’s approach to banking complaints fell short of international standards and best practice.
  • We’re pleased to see the federal government take these steps to improve it and to designate OBSI as the sole ECB for all banking customers,” said Jean-Paul Bureaud, Executive Director, FAIR Canada.
  • Although the coalition celebrates this important achievement for banking customers, more needs to be done when it comes to complaints for investors.

FAIR Canada Welcomes Total Cost Reporting Rules as an Essential Step Forward for Investor Protection and Transparency

Retrieved on: 
Friday, April 21, 2023

TORONTO, April 21, 2023 (GLOBE NEWSWIRE) -- Yesterday, the Canadian Securities Administrators and the Canadian Council of Insurance Regulators released new total cost reporting rules.

Key Points: 
  • TORONTO, April 21, 2023 (GLOBE NEWSWIRE) -- Yesterday, the Canadian Securities Administrators and the Canadian Council of Insurance Regulators released new total cost reporting rules.
  • FAIR Canada supports the rules as an essential element in delivering strong investor protection and promoting better consumer outcomes.
  • While regulators have given the industry a firm deadline to make the necessary changes, FAIR Canada is disappointed that most consumers will not see the changes until 2027.
  • “We welcome the enhancements to the cost reporting rules,” said Jean-Paul Bureaud, Executive Director of FAIR Canada.

Canada’s Wonderland to deliver a swinging season with new 360-degree thrill ride, new family launch coaster and a full lineup of world-class events and entertainment

Retrieved on: 
Monday, April 3, 2023

Thrill seekers will marvel at Tundra Twister, a giant 360-degree spinning swing ride coming to Frontier Canada.

Key Points: 
  • Thrill seekers will marvel at Tundra Twister, a giant 360-degree spinning swing ride coming to Frontier Canada.
  • Families will enjoy Snoopy’s Racing Railway, a launch coaster coming to Planet Snoopy.
  • “We’re proud to offer such a diversity of experiences to our guests,” said Norm Pirtovshek, general manager.
  • Then the park transforms into a world of holiday magic for WinterFest, running select nights Nov. 17 to Dec. 31.

FAIR Canada Launches Plain-Language Consumer Complaint Guide

Retrieved on: 
Monday, February 13, 2023

TORONTO, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Today, FAIR Canada published a new comprehensive guide on how to bring a complaint against a bank, investment dealer or a mutual fund dealer.

Key Points: 
  • TORONTO, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Today, FAIR Canada published a new comprehensive guide on how to bring a complaint against a bank, investment dealer or a mutual fund dealer.
  • Written in plain language, the guide is designed to help Canadians resolve complaints that involve a loss of money or being overcharged fees.
  • Unfortunately, navigating Canada’s fragmented and complex complaint-handling process can be a real challenge in itself,” said Jean-Paul Bureaud, Executive Director, FAIR Canada.
  • To learn more about making a complaint, read our Complaint Guide .

FAIR Canada Research Shows an Uneasy Investor-Advisor Relationship

Retrieved on: 
Tuesday, January 24, 2023

The research findings indicate that governments and regulators need to pay close attention to the investor-advisor relationship.

Key Points: 
  • The research findings indicate that governments and regulators need to pay close attention to the investor-advisor relationship.
  • “Retail investors with limited investment knowledge rely extensively on their advisor—this places investors in a vulnerable position,” said Jean-Paul Bureaud, Executive Director, FAIR Canada.
  • Despite limited awareness of FAIR Canada, an overwhelming majority (90%) believe that it is important to have an organization such as FAIR Canada that speaks out on behalf of investors.
  • This is the first of many research projects by FAIR Canada, which will support our continued efforts to advocate for and help empower investors.”
    To learn more key findings in the full survey, read FAIR Canada’s new Investor Survey Report .

FAIR Canada – Consumer Coalition Calls for Action on Complaint Handling

Retrieved on: 
Thursday, October 20, 2022

TORONTO, Oct. 20, 2022 (GLOBE NEWSWIRE) -- On behalf of a coalition of concerned consumer advocates, FAIR Canada is calling on governments and regulators to strengthen the complaint-handling system in Canada.

Key Points: 
  • TORONTO, Oct. 20, 2022 (GLOBE NEWSWIRE) -- On behalf of a coalition of concerned consumer advocates, FAIR Canada is calling on governments and regulators to strengthen the complaint-handling system in Canada.
  • It is time for urgent action on this important consumer protection issue.
  • They added yet another compelling voice to the repeated calls to establish a single ombuds service with binding authority.
  • We also need action from the federal government to address consumer harm, said Mr. Bureaud.

FAIR Canada Welcomes Appointment of New Board Members

Retrieved on: 
Wednesday, September 28, 2022

TORONTO, Sept. 28, 2022 (GLOBE NEWSWIRE) -- We are pleased to announce the appointment of Salman Ahmed and Harvey Naglie as new members of FAIR Canadas Board of Directors, which is responsible for the overall stewardship of FAIR Canada, including strategic planning and board governance.

Key Points: 
  • TORONTO, Sept. 28, 2022 (GLOBE NEWSWIRE) -- We are pleased to announce the appointment of Salman Ahmed and Harvey Naglie as new members of FAIR Canadas Board of Directors, which is responsible for the overall stewardship of FAIR Canada, including strategic planning and board governance.
  • Their collective experience and perspectives will help strengthen FAIR Canadas governance and mission, said Jean-Paul Bureaud, Executive Director, FAIR Canada.
  • Their appointment follows an inclusive search led by the board, which began earlier this year.
  • FAIR Canadas board and staff congratulate Salman and Harvey on their appointment and look forward to working with them in their new role.

FAIR Canada – Coalition Calls on Governments to Raise Standards for Financial Advisors

Retrieved on: 
Wednesday, September 21, 2022

TORONTO, Sept. 21, 2022 (GLOBE NEWSWIRE) -- On behalf of a coalition of concerned financial consumer advocates, FAIR Canada is calling on provincial governments to establish higher standards for financial advisors.

Key Points: 
  • TORONTO, Sept. 21, 2022 (GLOBE NEWSWIRE) -- On behalf of a coalition of concerned financial consumer advocates, FAIR Canada is calling on provincial governments to establish higher standards for financial advisors.
  • Consumers expect a financial advisor to have met high ethical, educational, and proficiency standards.
  • We are disappointed with Ontarios approach to approving credentials for financial advisors, said Jean-Paul Bureaud, Executive Director, FAIR Canada.
  • Low requirements for financial advisors also risk undermining the conduct requirements for financial professionals regulated by securities law.

Canada’s Wonderland announces exciting festival and event lineup ahead of opening day April 30

Retrieved on: 
Monday, April 4, 2022

Vaughan, ON, April 04, 2022 (GLOBE NEWSWIRE) -- Canadas Wonderland opens this month and today it released the full lineup of exciting events and entertainment returning for the 2022 season.

Key Points: 
  • Vaughan, ON, April 04, 2022 (GLOBE NEWSWIRE) -- Canadas Wonderland opens this month and today it released the full lineup of exciting events and entertainment returning for the 2022 season.
  • The 2022 event lineup includes:
    Fireworks (May 22, July 1, July 31, Sept. 4) Witness spectacular fireworks display of explosive light and colour high over the park skyline choreographed to a lively soundtrack.
  • Splash Works Opening (May 28) Get back to poolside fun at the 20-acre water park, with 17 slides, cliff jumping, water playgrounds, the Lazy River and more!
  • Camp Spooky (weekends Sept. 24-Oct. 30) This family-friendly Halloween event returns with trick-or-treating, costume parades, live shows with The PEANUTS gang, interactive games, rides and more!