Financial Services Commission of Ontario

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Part V:Costs

  1. Costs of Parties

    10.01 The Superintendent may order that the costs of a party be paid by another party or parties.
  2. Criteria for Costs to Parties

11.01 In determining whether a party is liable to pay the costs of another party, the Superintendent shall consider:

(a) whether the party acted in bad faith or engaged inconduct which is clearly unreasonable, frivolous, or vexatious;
(b) whether the party=s conduct unreasonably delayed or prolonged the proceeding, including any failure to comply with undertakings or orders;
(c) whether the party failed to cooperate with other parties during preliminary proceedings or at the hearing;
(d) whether the party failed to attend a hearing or other proceeding, or to send a representative, despite notice being provided to the party;
(e) any other matter that the Superintendent considers relevant.

11.02 The amount of costs shall be determined in accordance with Appendix A to these Rules.


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