BCFSA Launches New Three-Year Strategic Plan

BC Financial Services Authority (BCFSA) has launched its new three-year Strategic Plan, which sets out a clear vision and goals for building and maintaining confidence in the province’s financial services sector.

The 2026-29 strategic plan, titled “What Matters. Made Clear,” details how BCFSA will focus on the outcomes that matter most for people in British Columbia:

• Financial services that earn confidence
• Thriving institutions that are safe and sound
• Markets that function with integrity
• Consumers who are treated fairly and can make informed decisions

This is the first time BCFSA has published its strategic plan. It offers our industry partners, regulated entities, interest holders and consumers a clear view of how we will prioritize what matters most in order to support a thriving financial services sector in a rapidly-changing national and global economic landscape.

BCFSA, which regulates B.C.’s credit unions, trusts, insurance companies, pension plans, mortgage brokers, real estate professionals, and real estate development marketing, will continue to build on the work introduced in the strategic plan through its forthcoming Risk Outlook and 2027/28 Regulatory Roadmap, offering further insight into emerging risks, priorities, and upcoming consultations.

“This marks an important milestone for BCFSA,” said BCFSA’s CEO, Tolga Yalkin. “Economic conditions have tightened and the industries we oversee are operating under heightened pressure and uncertainty. With this plan, we aim to build the resilience and confidence that our financial services sector needs to thrive.”