Superintendent
of surintendant des
Financial services
Services financiers
___________________________________________________________________________
REGARDING the Insurance Act, R.S.O. 1990, c. I.8, as amended (the “Act”), in particular sections 288.6 and 288.7
AND REGARDING Soft Touch Rehab Clinic Inc
ORDER TO REVOKE LICENCE
On October 5, 2015, the Superintendent of Financial Services (“Superintendent”) issued a Notice of Proposal (“Notice”) to revoke the service provider licence of Soft Touch Rehab Clinic Inc. (licence #SP14090). The Superintendent is satisfied that Soft Touch Rehab Clinic Inc. failed to submit its annual information return when required, and therefore contravened section 21 of Ontario Regulation 90/14. Soft Touch Rehab Clinic Inc. also failed to respond to multiple communications from the staff of the Financial Services Commission of Ontario and therefore contravened subsection 442.1(2) of the Act. Accordingly, the Superintendent is of the opinion that Soft Touch Rehab Clinic Inc. is no longer suitable to hold a service provider licence.
On October 14, 2015, a copy of the Notice was sent to Soft Touch Rehab Clinic Inc., which had 15 days after the Notice was served to request a hearing before the Financial Services Tribunal (“Tribunal”) in accordance with subsection 288.7(3) of the Act.
The Registrar of the Tribunal confirmed that, as of November 12, 2015, no request for a hearing has been received from Soft Touch Rehab Clinic Inc. or anyone on its behalf.
Subsection 288.7(7) of the Act provides that the Superintendent may carry out the proposal to revoke the service provider licence when no hearing has been requested.
ORDER
Pursuant to subsection 288.7(7) of the Act, the service provider licence of Soft Touch Rehab Clinic Inc. is hereby revoked.
DATED at Toronto, Ontario, 2015.
___________________________
Shonna Neil
Director, Licensing Branch
By Delegated Authority from:
The Superintendent of Financial Services