The Compulsory Automobile Insurance Act requires every owner or lessee of a motor vehicle to insure that vehicle if it is being operated on a public road. The Financial Services Commission of Ontario (FSCO), along with the Ministry of Transportation and local police services, enforce that Act by prosecuting offences in court and by imposing administrative monetary penalties for contraventions.
Note: See
Enforcement Online to view enforcement actions FSCO has taken in other regulated sectors:
mortgage brokering, credit unions & caisses populaires, and loan & trust corporations.
