OBSI News

Read OBSI's latest newsletter for information on our community outreach, approach to our six year limitation period, our stats for fiscal 2019 as well as Q4, and more.
Click here to read OBSI e-News: Q4/2019 

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Romance and employment scams are the most common online scams we see at OBSI. According to the Canadian Anti-Fraud Centre, Canadians lost more than $22.5 million to romance scams and more than $5 million to employment scams in 2018. These types of scams often involve an element of overpayment fraud in which consumers receive a payment for more than they expect and are then asked to return the excess funds. The funds that the victim has received turn out to be fake, while the money...
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Read OBSI's latest newsletter for information on our new Firm Portal, our comment to the FCAA, our video on YouTube and more.
Click here to read OBSI e-News: Q3/2019 

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I am pleased to report that since assuming the role of Chair of CIAC in December of 2018, the Council has been actively involved in providing commentary and advice to the Board of OBSI.
In particular we have:
Urged OBSI staff to increase the readability of its website and published materials and have provided specific feedback on the communications of loss calculations, the Senior’s Report, the on-line consumer complaint form and the annual consumer survey.
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OBSI is excited to announce the launch of our new Firm Portal. The Firm Portal provides OBSI’s 1400+ participating firms with a secure, web-based access point to a broad range of features and services including:
24/7 live access to key data and statistics about their firm’s inquiries, active cases and closed cases, all searchable within user-specified date fields.
For active cases, firms can access key data, including the case opening date, product and issue...
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