MFOA's Submission on the Proposed Prudent Investor Regulation

MFOA has submitted its response to the proposed amendments to O. Reg. 438/97, O. Reg. 84/16 and O. Reg. 653/05 under the Municipal Act, 2001. These proposed amendments set out the framework for select municipalities to invest using the prudent investor standard, which includes: eligibility criteria, governance framework; and joint investment arrangements. In addition, amendments are proposed to O. Reg. 84/16 and O. Reg. 653/05 concerning the list of eligible investments and bond forward agreements. 

For any questions regarding our submission, please contact Shira Babins (Manager of Policy) at or 416-362-9001 ext.227.


LAS The One Investment Program : "What Does Prudent Really Mean?" - Prudent investor may be new to municipal government, but the standard has been around for a long time. Learn more about what prudent investor status means. 

Please Sign In to download documents and to search the Virtual Library.

Employment Opportunities

View All

Municipal Finance Officers' Association of Ontario
Policy Team Lead
Opened: 2020-02-18
Closes: 2020-02-28