FAIR Canada was officially launched in June 2008.
It operates independently from government and regulatory authorities and is governed by its Board of Directors.
Funding originated from fines and monetary penalties collected by RS and the IDA which merged to form the IIROC in June 2008. Their committment to a one-time grant of $3.75 million is expected to fund FAIR Canada’s operating expenses until December of 2012. There is no committment on the part of IIROC for any future funding.
FAIR Canada’s fiscal year runs from July 1 to June 30.
FAIR Canada Audited Financial Statements
