The RCCAQ will be on Parliament Hill to make your voices heard! In this instance, we will be appearing before the public finance committee, which will be holding hearings on January 30 and February 6 in Quebec City. As regards the "number of insurers requirement" and brokerage shareholders, we will continue to fight for your interests by laying out the following arguments.

Number of insurers

Even though we would keep the government's plans to clarify brokers' role in dealings with consumers, the RCCAQ proposes instead that each firm should have contracts in place with at least two different insurance companies at all times (personal as well as commercial insurance).

Brokerage shareholders

In the RCCAQ's view, the new proposed provisions should be withdrawn. Instead, the government should ensure that the current legislation and regulations are enforced. Under the present system, a financial institution's ownership interest in a brokerage firm cannot exceed 20% of the voting shares or 50% of the participating non-voting shares.