Oh Ontario!

Most of Canada will ban Deferred Sales Charges in 2020 –Ontario is the exception

Ian Tam, CFA 7 January, 2020 | 1:45AM
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Cycle leaning against a fence with a Canadian Flag

On December 19th, 2019, the Canadian Securities Administrators (CSA) announced that in most provinces, the use of deferred sales commissions (DSCs) will be banned in 2020, with a phase out period estimated to be about 2 years. The final amendments to the policy will be released in early 2020.

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About Author

Ian Tam, CFA  is Director of Investment Research at Morningstar Canada. 

 

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