A massive fire destroyed an abandoned historic building in downtown Toronto and made police block the entire area on a concern the fire might spread and put other near by facilities in danger. RyersonUniversity cancelled all classes and was closed for the day.

The evolution of MGAs – Managing General Agents – in the insurance industry has created a new unregulated space in Canadian insurance regulation and potentially places consumers at risk. Where nearly half of all individual life insurance policies in Canada are now being transacted through MGAs, (Canadians bought $312 Billion worth of life insurance in 2009) the potential impact can be severe.