Finance, Industry & Trade | AdminLawBC.ca
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Regulatory Agency

British Columbia Securities Commission

The British Columbia Securities Commission is the independent provincial government agency responsible for regulating securities trading in BC through the administration of the Securities Act. It regulates to protect investors and market integrity and has the legal authority and resources to impose requirements, provide guidance, monitor compliance and demand corrective action, take enforcement action, and educate market participants and investors.

Regulatory Agency

Canada Revenue Agency

The Canada Revenue Agency reviews disputes about assessments of income tax, excise tax, goods and services tax, and harmonized sales tax, as well as Canada Pension Plan and Employment Insurance rulings and assessments.

Tribunal

Canadian International Trade Tribunal

The Canadian International Trade Tribunal (CITT) hears appeals from decisions under the Customs Act, Special Import Measures Act and the Excise Tax Act. The Tribunal provides Canadian and international businesses with access to fair, transparent and timely processes for the investigation of trade remedy cases and complaints concerning federal government procurement and for the adjudication of appeals on customs and excise matters. At the request of the Government, the Tribunal provides advice in tariff, trade, commercial and economic matters.

Regulatory Agency

Competition Bureau

The Competition Bureau is responsible for the administration and enforcement of the Competition Act, the Consumer Packaging and Labelling Act, the Textile Labelling Act and the Precious Metals Marking Act. As an independent law enforcement agency, it ensures that Canadian businesses and consumers prosper in a competitive and innovative marketplace.

 

Consumer Protection BC

Consumer Protection BC responds to inquiries and complaints from BC consumers and businesses. It is a not-for-profit organization that is governed by the Business Practices and Consumer Protection Authority Act. The organization delivers consumer protection services throughout BC and promotes fairness and understanding in the marketplace.

Regulatory Agency

Financial Consumer Agency of Canada

The Finance Consumer Agency ensures compliance with federal consumer protection laws that apply to banks and federally incorporated trust, loan, and insurance companies.

Regulatory Agency

Financial Institutions Commission

The Financial Institutions Commission is a regulatory agency of the provincial Ministry of Finance responsible for administering nine statutes that regulate the pension, financial services and real estate sectors in British Columbia.

Tribunal

Financial Services Tribunal

The Financial Services Tribunal (FST) hears appeals of licensing and enforcement decisions made by the Insurance Council of British Columbia, Real Estate Council of British Columbia, Superintendent of Real Estate, Superintendent of Pensions, Registrar of Mortgage Brokers, and Superintendent of Financial Institutions.

Regulatory Agency

Financial Transactions and Reports Analysis Centre of Canada

The Financial Transactions and Reports Analysis Centre provides information to support the investigation or prosecution of money laundering offences, detection, and deterrence of terrorist activity financing.

Tribunal

Industry Training Appeal Board

The Industry Training Appeal Board (ITAB) is authorized to hear appeals of certain decisions of the Industry Training Authority (ITA) and authorized training institutions regarding: a refusal to award an industry training credential or industry training recognition credential; the suspension or cancellation of an industry training credential or industry training recognition credential; a refusal to register an individual as a trainee; the cancellation of the registration of an individual as a trainee, and the revocation of, or cancellation of the registration of, an industry training agreement.

Tribunal

NAFTA (North American Free Trade Agreement) Secretariat

The NAFTA Secretariat resolves trade disputes between national industries and/or governments.

Regulatory Agency

Office of the Superintendent of Financial Institutions

The Office of the Superintendent of Financial Institutions (OSFI) is the primary regulator and supervisor of federally regulated deposit-taking institutions, insurance companies, and private pension plans. OSFI monitors and examines these for solvency, liquidity, and safety and soundness, and ensures that they comply with their governing financial legislation.

Tribunal

Passenger Transportation Board

The Passenger Transportation Board is established under the Passenger Transportation Act.  The board’s primary responsibility is to make decisions on applications relating to the licensing of passenger directed vehicles (e.g., taxis, limousines, shuttle vans) and inter-city buses in British Columbia.  The board also hears appeals regarding administrative penalties (including fines and license suspensions) that are imposed on an operator by the Registrar of Passenger Transportation.

Tribunal

Social Security Tribunal

The Social Security Tribunal hears appeals of decisions regarding Employment Insurance, the Canada Pension Plan, and Old Age Security.

Tribunal

Transportation Appeal Tribunal of Canada

The Transportation Appeal Tribunal of Canada (TATC), formerly the Civil Aviation Tribunal, is established under the Transportation Appeal Tribunal of Canada Act. The TATC provides an independent review process for anyone who has been given notice of an administrative or enforcement action taken by the Minister of Transport or the Canadian Transportation Agency under various federal transportation acts including: the Aeronautics Act, the Canada Shipping Act, the Marine Transportation Security Act, the Railway Safety Act and the Canada Transportation Act.