Monthly Communication Report

Registrant name:	Brett McGregor
Client:	Insurance Brokers Association of Canada
Associated registration:	953474-373296-8
Communication date:	2026-05-26
Posted date:	2026-06-07

Designated Public Office Holders who participated in the communication:	Julien Brazeau, Assistant Deputy Minister Financial Sector Policy Branch, Finance Canada (FIN) Greg Reade, Associate Assistant Deputy Minister, Financial Sector Policy, Finance Canada Finance Canada (FIN)
List of Details Subject matter Detail Financial Institutions Creation of a federal earthquake insurance solution. Consumer Issues, Financial Institutions Creation of a National Flood Insurance program. Taxation and Finance Introduction of a tax credit for homeowners and businesses altering or renovating their property to increase resilience from weather related damage. Taxation and Finance Introduction of a tax credit for SME's to invest in their cyber security. Financial Institutions Maintaining Bank Act legislative provisions that restrict banks from marketing insurance in their branch network at the point of granting credit.