Superintendent
of surintendant des
Financial services
Services financiers
______________________________________________________________________________
REGARDING the Insurance Act, R.S.O. 1990, c.I.8 (the “Act”), in particular sections 288.5, and 288.7
AND REGARDING My Care Inc.
ORDER
On March 31, 2015, My Care Inc. (“My Care”) applied to be licensed under the Act as a service provider.
On January 29, 2016, the Superintendent of Financial Services (“Superintendent”) issued a Notice of Proposal to Refuse Application of My Care.
My Care had 15 days after service of the Notice to request a hearing before the Financial Services Tribunal (“Tribunal”) in accordance with section 288.7(3) of the Act.
On March 7, 2016, the Registrar of the Tribunal confirmed that no request for a hearing has been received from My Care or anyone on its behalf.
Section 288.7(7) of the Act provides that the Superintendent may carry out the proposal to refuse to issue a licence when no hearing has been requested.
ORDER
The application for a service provider licence submitted by My Care Inc. on March 31, 2015, is refused.
DATED at Toronto, Ontario, , 2016.
____________________________
Anatol Monid
Executive Director, Licensing and Market Conduct Division
By Delegated Authority from
The Superintendent of Financial Services