Our office had the pleasure of consulting on FAIR Canada, and the Law Foundation of Ontario CNW Group/Canadian Foundation for Advancement of Investor rights.
With Canada’s rapidly aging population, issues of elder abuse and mental incapacity are on the rise in Canada. Canada’s investment industry needs to do more to prepare for and respond to the needs of vulnerable investors, many of whom are seniors.
In a joint report released today, FAIR Canada and the Canadian Centre for Elder Law (“CCEL”) make six recommendations for change.
The 6 recommendations can be reviewed here: http://www.newswire.ca/news-releases/report-on-vulnerable-investors-elder-abuse-financial-exploitation-undue-influence-and-diminished-mental-capacity-657996063.html Also note the Quick Facts links within on Elder Abuse, Financial Exploitation and Undue Influence.