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IN THE MATTER OF the Insurance Act, RSO 1990, c. I.8, as amended (the “Act”), in particular sections 288.5 and 288.7;
AND IN THE MATTER OF Weston Village Rehab Clinic Inc. (“Weston Village”).
ORDER TO REFUSE TO ISSUE LICENCE
On February 7, 2018, Weston Village submitted an application for a service provider’s licence under the Act.
On October 11, 2018, the Superintendent of Financial Services (the “Superintendent”) issued a Notice of Proposal to refuse to issue a service provider’s licence to Weston Village (the “Notice of Proposal”).
A Request for Hearing (Form 1), dated November 5, 2018, was delivered to the Financial Services Tribunal (the “Tribunal”) in accordance with section 288.7(3) of the Act respecting the Notice of Proposal.
The Tribunal held an oral hearing on April 30, 2019. Mohamed Isse, the proposed principal representative, appeared on behalf of Weston Village.
The Tribunal, in its Reasons for Decision dated May 8, 2019 (the “Decision”), directed the Superintendent to carry out the Notice of Proposal to refuse to issue a service provider’s licence to Weston Village.
Effective June 8, 2019, pursuant to the Financial Services Regulatory Authority of Ontario Act, 2016, S.O. 2016, c. 37, Sched. 8, as amended, the Financial Services Regulatory Authority of Ontario (“FSRA”) became the regulator under the Act and the powers and duties previously vested in the Superintendent under the Act were vested in the Chief Executive Officer of FSRA (the “Chief Executive Officer”).
Therefore, by delegated authority from the Chief Executive Officer, the Director, Licensing Approvals makes the following order.
ORDER
The issuance of the service provider’s licence to Weston Village Rehab Clinic Inc. is hereby refused, for the reasons set out in the Decision.
DATED at Toronto, Ontario, , 2020.
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Wendy Horrobin
Director, Licensing Approvals
By delegated authority from the Chief Executive Officer
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