Robert Demeter

Advocate for changes to facilitate adoption of auto features for retirement savings. Advocate for legislative or regulatory changes to allow for automatic features in workplace pension plans. Discussions related to the implementation of CRA Notice 344 Consultation on the National Strategy on mental health of men and boys Discussions related to Bill S-5 Connected Care for Canadians Act. FCAC direction to update complaint-handling information for insurers Discussions related to drug pricing, including decisions, policies and processes of the Patented Medicine Prices Review Board (PMPRB) Discussions related to supply and shortages of drugs in Canada, including the Multi-Stakeholder Steering Committee. Discussions related to regulatory burden, including “cutting red tape”. Impacts on Canadian insurers of proposed U.S. tax measures. Discussions relating to the efficiency and effectiveness of the financial sector regulatory system as it pertains to insurance companies. Discussing plans on the Data Collection Modernization initiative Promotion of a broader range of investments by insurance companies (e.g., farmland, timberland, fintechs) Statutory review of the Insurance Companies Act as it relates to insurance products and investments. 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. Promotion of pension products, including decumulation solutions. Discussions related to the implementation of the Interpretation letter on the Canada health act related to physician equivalent services. Inter-provincial harmonization and trade barriers as it relates to insurance products. Discussions related to the financial sector policy review. 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. 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). Work to ensure that the income tax act does not put insurance companies at a competitive disadvantage. Promotion of risk-based and principles-based regulation for financial institutions regulations. Personal Information Protection and Electronic Documents Act: seeking workable approaches to privacy rules affecting life and health insurers when the Act is updated. Income Tax Regulations (section 6(1)(f) as it relates to income tax withholding on wage loss replacement plans (disability income benefits). Income Tax Regulations, Part XIV. Income Tax Regulations, Part III: Updating income tax rules for life insurance policies. Income Tax Act, Section 146: Retirement income recommendations regarding the treatment of life insurance companies; Section 146.2 (TFSAs); Section 146.3 (RRIFs). Income Tax Act, Part VI as it relates to capital tax on financial institutions. Financing infrastructure projects, as it relates to investments by insurers Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) risk-based guidance as it relates to life insurance Employment Insurance (EI) reform as it relates to disability benefits; and EI Premium Reduction Program issues. Amendments to Proceeds of Crime (Money Laundering) and Terrorist Financing rules as they affect insurance companies

Seeking opportunities for MNP's Indigenous Consulting Group to partner with Government to promote Indigenous health, education, economic development, infrastructure, assurance services, disaster recovery and quality of life. Proposed legislative changes related to tax fairness, complexity and compliance affecting Canadian-controlled private corporations (CCPC) and small and medium enterprise market in Canada Bill S-211, an Act to enact the Fighting Against Forced Labour and Child Labour in Supply Chains Act and to amend the Customs Tariff, with respect to reporting requirements under the Act. Amendments to the Income Tax Act Section 143 (Communal Organizations) and programs and benefits respecting Hutterite Colonies Advice related to business risk management, farm succession planning and sustainability issues in the Canadian agriculture space.

Seeking opportunities for MNP's Aboriginal Consulting Group to partner with Government to promote Aboriginal health, economic development, infrastructure and quality of life. Proposed legislative changes related to tax fairness affecting Canadian-controlled private corporations (CCPC) Highlight MNP's ability to support in emergency service delivery Amendments to the Income Tax Act Section 143 (Communal Organizations) respecting Hutterite Colonies

Healthcare policy and potential legislation relating to employee benefit programs and the cost of pharmaceuticals, and healthcare policy related to virtual care services To ensure that the needs of the financial sector in matters related to human resources as well as its capacity to service customers are properly reflected in legislation, policies and regulations in the context of the COVID-19 public health and economic crisis. The Personal Information Protection and Electronic Documents Act with respect to privacy, customer data, and data security Taxation - discussion of taxation policy for financial institutions. Seeking to raise awareness about prescription drug coverage policy considerations and concerns in context of national universal pharmacare proposals directly and as a participant in the Together for Better Health Coalition. Other related initiatives include high cost drugs for rare disease and PMPRB regulations Review of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act as it relates to insurance contracts. Pension and Retirement products and income security Guidelines of the Office of the Superintendent of Financial Institutions as they relate to insurance companies. Federal Financial Services legislation review, with respect to Financial Institutions policies, infrastructure, open banking, and financial technology Clarification of Goods and Services Tax (GST) / Harmonized Sales Tax (HST) with respect to the treatment of financial services.

Meet with government to discuss and inform on mining, economic security, and critical mineral strategy.

The Canadian Investment Regulatory Organization (CIRO) has significantly expanded the gatekeeper obligation through recent enforcement decisions in a way that departs from historical practice, creating uncertainty, fairness concerns, and increased risk for investment dealers. We argue that any change to the gatekeeper standard should be made transparently through formal rulemaking or policy development (not through enforcement) so the industry has clear, consistent, and workable guidance. Pre-budget consultation: Suggesting that the government create a more attractive investment environment by streamlining regulatory processes and reducing bureaucratic hurdles that often deter both domestic and foreign capital. Pre-budget consultation: Suggesting implementing a program that promotes entrepreneurship; Suggesting a Pro-Canada Investing program; Suggesting implementing a targeted foreign direct investment program. Pre-budget Consultation: Suggesting encouraging capital investment in early-stage “junior” companies listed on Canada’s two venture exchanges (TMX-V and CSE) by allowing capital gains on these investments to be tax-free; Suggesting implementing reforms to existing tax-assisted retirement savings programs; Suggesting a federal tax system and spending comprehensive and independent review. GST/HST on Trailer Commissions. CRA has reversed its longstanding position on GST/HST on Trailer Commissions (mutual funds). We believe the reversal does not take into account the negative impact on Investment Dealers, does not benefit CRA or investors, and should be reassessed.

Providing submissions on the implementation in Canada of the Organization for Economic Cooperation and Development’s Pillar Two Model Rules and a domestic minimum top-up tax. Providing recommendations, input and feedback to government officials regarding Bill C-27 and PCMLTFA. Policies regarding taxation of private corporations. Consulting on draft Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS) guidance packages for CRA. Attend an outreach meeting organized annually by the Canada Revenue Agency with the Commissioner of the Canada Revenue Agency.

Supporting legislative changes to allow the electronic delivery of governance documents in the financial sector as proposed in the 2024 federal budget. Veterans Benefits including programs and policies that provide financial and other assistance to current and former members of the Canadian Armed Forces. The Pension Benefits Act and the Tax Act including annuities. The Income Tax Act and Budget 2023 proposal to change the tax treatment on Canadian dividends received by Canadian insurance companies. Standards for banking and health data (open banking, health information). Privacy, Human Rights and Insurance including the Privacy Act, Human Rights Act and the Canada Labour Code. Policies and programs related to Canada trade relations with other countries. Office of the Superintendent of Financial Institutions Guidelines on Insurance and Banking. Insurance Companies Act and regulations. Healthcare policy, specifically in relating to, employee benefits programs, including long-term disability and drug benefit plans. Global Minimum Tax Act to promote international coordination and harmonization on the timing and operation. Ensuring the passage of Bill C-27 - the Consumer Privacy Protection Act as drafted by the government. Canada’s system and programs for detecting and deterring money laundering. Access to Hong Kong Pensions for permanent residents of Canada

Propose improvements to the Clean Technology Investment Tax Credit to help maintain and revitalize Canada’s clean tech manufacturing sector.

- Re - the Fisheries Act encouraging regulatory reform, harmonization and equivalencies amongst the regulators to reduce duplication and encourage more efficient use of resources while continuing to manage risk of existing OPG operations as it relates to fish and fish habitat. - Re - Nuclear Liability and Compensation Act with regard to language, timing and liability limit, insurance requirements and to make it compatible with the Convention of Supplementary Compensation. - Regulatory Framework for Industrial Greenhouse Gas Emissions in Canada in respect to controlling greenhouse gas and conventional air pollutant emissions in the electricity sector including advocating for a role of nuclear energy in meeting targets Regulatory approach to prohibit asbestos and products containing asbestos including advocating for reasonable timeframe to phase out all asbestos containing products. - Regulations to reduce Green House Gas (GHG) emissions from the electricity sector’s fossil fuel-fired electricity generation units, advocating the role that existing and uprated natural gas plants play in the electricity market and seeking compliance flexibility for thermal units burning gas to provide grid reliability due to regulation. Advocating for the development of low-emitting Nuclear, Hydroelectric and Hydrogen Developments in meeting targets. Regulations regarding requirements and guidance for managing fitness for duty of workers in relation to alcohol and drug use and abuse at high-security sites. Regulations regarding polychlorinated biphenyls (PCB). - Re - Federal Waterways with respect to developing tangible actions for and improved policy and practical business practices among infrastructure and operators. - Partnership discussions with Canadian Commercial Corporation. Investment discussions with Canada Infrastructure Bank and Canada Growth Fund Inc. Issues pertaining to federal legislation, policies and programs with respect to OPG's existing nuclear operations or new nuclear opportunities including small modular reactors (SMRs). Issues pertaining to federal legislation, policies and programs with respect to hydrogen. Issues pertaining to federal legislation, policies and programs related to energy storage facilities. Issues pertaining to federal legislation, policies, programs, and permits and other approvals affecting OPG’s current operations as well as other potential opportunities including in the areas of new generation development and/or other economic opportunities including electrification, as well as to support collaboration and partnership between Indigenous communities and OPG. - In respect to the Protection of Electricity Critical Infrastructure in Canada, including expediting background checks for prospective employees and contractors, changes to the Criminal Code of Canada relating to "Interference with Electricity Critical Infrastructure" (copper wire theft), "Priority Access for Electricity Critical Infrastructure Personnel to receive Vaccinations and Antivirals" and priority access to "Telecommunications Spectrum". - Energy policy and the role of Nuclear in regards to Atomic Energy of Canada Limited (AECL) restructuring. Discussion on subjects related to the MOU signed by Canada and the ITER (International Thermonuclear Experimental Reactor) to help identify the precise domains in which Canadian suppliers could export expertise and technologies on a commercial basis to the ITER Project and OPG’s interest in leading and acting as an agent for the cooperation with ITER. - Changes to the Impact Assessment Act or implementing regulations, including towards achievement of improved alignment with the ongoing licensing process for nuclear facilities under the Nuclear Safety and Control Act. - Changes to the Canada Labour Code as they apply to nuclear new build activities in respect to allowing coordination between provincial and federal labour requirements Approach to electricity used as a transportation fuel within the Fed

Canada’s digital economy strategy and science, technology and innovation policies with respect to supporting entrepreneurs and small business Communicating with with government officials about the Canada Post strike and its impact on Canada's small businesses.