FCAC Commissioner announces members of new consumer protection advisory committee

OTTAWA, March 29, 2018 /CNW/ - The Financial Consumer Agency of Canada (FCAC) announced today that 9 leading Canadians have been named to the Consumer Protection Advisory Committee. The advisory committee will be chaired by Commissioner Lucie Tedesco and will support the Agency's financial consumer protection mandate.

Members will help strengthen consumer protection by informing FCAC's supervision work, research initiatives and the development of consumer education material. Members will also provide input on the evolving nature of the financial sector and consumer needs by sharing their perspectives on marketplace trends and emerging issues, concerns regarding the delivery of financial services, and how changes in the financial services sector are impacting Canadians.

Members of FCAC's Consumer Protection Advisory Committee

• Marie Elaine Farley, Chambre de la sécurité financière, Montreal, Quebec
• Maryse Guénette, Option Consommateurs, Montreal, Quebec
• Scott Hannah, Credit Counselling Society, New Westminster, British Columbia
• Luc Hervé Thibaudeau, Lavery, De Billy Law Firm, Montreal, Quebec
• George Iny, Automobile Protection Association (APA), Montreal, Quebec
• Marc Lacoursière, Université Laval, Faculté de droit, Quebec City, Quebec
• Kelley Keehn, Personal Finance educator/Consumer Advocate, Edmonton, Alberta
• Don Mercer, Consumers Council of Canada, Ladysmith, British Columbia
• Louise Simbandumwe, Supporting Employment & Economic Development (SEED), Winnipeg, Manitoba

Quick facts

• The Consumer Protection Advisory Committee includes representation from the public, private, non-profit and academic sectors.
• Selected members have significant leadership experience promoting financial consumer protection, either nationally, provincially or regionally, with the general public or with priority groups.
• Members' responsibilities include:

1. supporting FCAC's financial consumer protection mandate
2. identifying and evaluating trends and emerging issues relevant to financial consumers
3. sharing and discussing research relevant to FCAC's financial consumer protection mandate and identifying research opportunities
4. contributing their knowledge and expertise in the best interest of financial consumers.

• Members were selected based on principles of openness, transparency and merit. In order to reflect Canada's diversity, particular consideration was given to candidates' geographic reach, scope and location as well as the committee's gender balance.
• The second meeting will be held in the second quarter 2018.

Quotes

"In today's rapidly changing and increasingly complex financial marketplace, strengthening collaboration is essential. This new committee will broaden stakeholder engagement beyond traditional players, enhancing FCAC's capacity to identify and respond to emerging financial consumer protection issues."

Lucie Tedesco,
Commissioner, Financial Consumer Agency of Canada

Associated Links

• Consumer Protection Advisory Committee
• Financial Consumer Agency of Canada

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SOURCE Financial Consumer Agency of Canada

Media Relations, Financial Consumer Agency of Canada, 613-941-4168, [email protected]

Related Links

https://www.canada.ca/en/financial-consumer-agency