Investment Industry Association of Canada

Office address: 100 Wellington St West, Suite 1910, Toronto, ON M5K 1H6 
Year established: 2006 
Company type: financial services provider 
Employees: 11-50 
Expertise: organization, financial services 
Parent company: N/A 
CEO and key people: Laura Paglia, President and CEO 
Financing status:

The Investment Industry Association of Canada (IIAC) is the national association of investment firms in the country. The association plays a crucial role in engaging with government and regulators to advocate for a healthy, growing, and compliant market for investors. The IIAC is part of the International Council of Securities Associations (ICSA). 

History of Investment Industry Association of Canada 

The Investment Industry Association of Canada was established in 2006 to support investment firms and investors. Throughout the years, it has lent its voice to pressing issues affecting Canada’s financial industry. In 2022, for example, it shared feedback on the then-planned merger of the Mutual Fund Dealers Association of Canada and the Investment Industry Regulatory Organization of Canada. 

Products and Services of the Investment Industry Association of Canada 

The Investment Industry Association of Canada offers these services to its members and to Canadian investors: 

  • advocacy: the IIAC helps drive change on crucial matters impacting capital markets, promoting dynamic regulations, responsible practices, and economic growth for all 
  • forums: stakeholders come together to discuss and address current and emerging issues affecting the industry 
  • education: the IIAC hosts and organizes continuing education conferences for industry professionals and client education sessions for investors 
  • resources:  industry data, tools, templates, surveys, and other resources are available to support investment advisors in their profession  

Culture at Investment Industry Association of Canada 

The culture at IIAC is based on a commitment to excellence, collaboration, and advocacy. As a representative body for investment firms, IIAC fosters an environment that values informed dialogue, ethical practices, and a proactive approach to addressing industry challenges.  

The organization's culture is shaped by its role in bringing together diverse members from across the investment industry, promoting a unified voice on regulatory and policy matters. 

About Investment Industry Association of Canada President and CEO Laura Paglia 

Laura Paglia was named President and CEO of IIAC in 2021. Before that, she was a partner at Borden Ladner Gervais LLP law firm where she led its Securities Litigation and Regulatory Group. 

Paglia's career is marked by her involvement with various professionals and boards, contributing significantly through speaking engagements and thought leadership pieces on industry issues.  

Paglia was called to the Bar of Ontario in 1997 and holds both an LLB and an LLM from Osgoode Hall Law School. 

Future at Investment Industry Association of Canada 

The organization's future involves ongoing advocacy for fair and efficient capital markets, adapting to emerging trends and regulatory changes, and enhancing the competitiveness of its member firms.  

With advancements in the financial industry, particularly in areas like digital assets, ESG investing, and global economic shifts, IIAC's role in guiding and supporting its members becomes increasingly vital. 

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