Financial Services Commission of Ontario

Decision Information

Decision Content

 

Superintendent of

Financial

Services

surintendant des

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 September 18, 2017, My Care Inc. (also known as Mycare) applied to be licensed under the Act as a service provider.

 

On November 19, 2018, the Superintendent of Financial Services (the “Superintendent”) issued a Notice of Proposal to Refuse the Application of My Care Inc. (the “Notice”).

 

On November 29, 2018, the Superintendent sent the Notice by regular and registered mail.  My Care Inc. had 15 days after the Notice was given to request a hearing before the Financial Services Tribunal (the “Tribunal”) in accordance with section 288.7(3) of the Act.

 

On December 27, 2018, the Registrar of the Tribunal confirmed that no request for a hearing has been received from My Care Inc.

 

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. is refused.

 

 

DATED at Toronto, Ontario,                                                 , 2019.

 

 

 

 

____________________________

Heather Driver

Director, Licensing Branch

 

By Delegated Authority from the Superintendent of Financial Services

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