Lobbying registration dated 2026-03-04
Registrant: Stephen Frank
Client: Canadian Life and Health Insurance Association Inc.
Targeted institutions:
Public Service Commission of Canada (PSC)
Indigenous Services Canada (ISC)
Office of the Superintendent of Financial Institutions Canada (OSFI)
Global Affairs Canada (GAC)
Patented Medicine Prices Review Board (PMPRB)
Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)
Transport Canada (TC)
Canadian Heritage (PCH)
Justice Canada (JC)
Canada Employment Insurance Commission
Finance Canada (FIN)
Canadian Human Rights Tribunal (CHRT)
Canadian Transportation Agency (CTA)
House of Commons
Natural Resources Canada (NRCan)
Canadian Radio-television and Telecommunications Commission (CRTC)
Employment and Social Development Canada (ESDC)
Financial Consumer Agency of Canada (FCAC)
Housing, Infrastructure and Communities Canada (HICC)
Agriculture and Agri-Food Canada (AAFC)
Canada Revenue Agency (CRA)
Office of the Privacy Commissioner of Canada (OPC)
Public Health Agency of Canada (PHAC)
Privy Council Office (PCO)
Senate of Canada
Health Canada (HC)
Prime Minister's Office (PMO)
Innovation, Science and Economic Development Canada (ISED)
Immigration, Refugees and Citizenship Canada (IRCC)
Legislative bills: S-5
Acts: Financial Institutions
Personal Information Protection and Electronic Documents Act
Income Tax Act
Insurance Companies Act
Canada Health Act
Government funding received:
Lobbying activity details:
Employment Insurance (EI) reform as it relates to disability benefits; and EI Premium Reduction Program issues.
Financing infrastructure projects, as it relates to investments by insurers
Income Tax Regulations, Part III: Updating income tax rules for life insurance policies.
FCAC direction to update complaint-handling information for insurers
Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) risk-based guidance as it relates to life insurance
Income Tax Act, Section 146: Retirement income recommendations regarding the treatment of life insurance companies; Section 146.2 (TFSAs); Section 146.3 (RRIFs).
Discussions related to regulatory burden, including “cutting red tape”.
Income Tax Act, Part VI as it relates to capital tax on financial institutions.
Discussions related to the implementation of national pharmacare including bilateral agreements with provinces and territories; the committee of experts on the implementation of pharmacare and the advisory panel on bulk purchasing.
Discussions related to the implementation of the Interpretation letter on the Canada health act related to physician equivalent services.
Discussing plans on the Data Collection Modernization initiative
International Trade with respect to opening trade relations, regulations, foreign ownership and national treatment in foreign markets, with regards to India, Europe, China, Japan, Trans-Pacific partnership (TPP), Canada-United States-Mexico Agreement (CUSMA), Plurilateral Trade In Services Agreement (TISA) and the World Trade Organization (WTO).
Promotion of risk-based and principles-based regulation for financial institutions regulations.
Discussions related to the financial sector policy review.
Discussions relating to the efficiency and effectiveness of the financial sector regulatory system as it pertains to insurance companies.
Income Tax Regulations (section 6(1)(f) as it relates to income tax withholding on wage loss replacement plans (disability income benefits).
Personal Information Protection and Electronic Documents Act: seeking workable approaches to privacy rules affecting life and health insurers when the Act is updated.
Discussions related to drug pricing, including decisions, policies and processes of the Patented Medicine Prices Review Board (PMPRB)
Impacts on Canadian insurers of proposed U.S. tax measures.
Office of the Superintendent of Financial Institutions (OSFI). Guidelines related to risk management, capital and accounting for insurance companies. This includes capital charges for infrastructure investments under the LICAT.
Promotion of a broader range of investments by insurance companies (e.g., farmland, timberland, fintechs)
Amendments to Proceeds of Crime (Money Laundering) and Terrorist Financing rules as they affect insurance companies
Statutory review of the Insurance Companies Act as it relates to insurance products and investments.
Discussions related to Bill S-5 Connected Care for Canadians Act.
Inter-provincial harmonization and trade barriers as it relates to insurance products.
Work to ensure that the income tax act does not put insurance companies at a competitive disadvantage.
Discussions related to supply and shortages of drugs in Canada, including the Multi-Stakeholder Steering Committee.
Income Tax Regulations, Part XIV.
Promotion of pension products, including decumulation solutions.