The Global Risk Institute in Financial Services

$12,500,000.00 CAD

≈ $0.30 for every person in Canada ≈ 160 Canadians' average pay for a year
Department
Department of Finance Canada
Program
Global Risk Institute
Recipient country
Canada
Fiscal year
2020-2021
Agreement period
January 1, 2021 – January 1, 2031
Reference
fin:060-2020-2021-Q4-00201

Published purpose

The purpose of the Grant is to support innovative research in the area of financial risk management. By providing support to the Recipient, the Grant will encourage research and best practices across multiple risk management disciplines, including regulation, governance, actuarial science, asset and liability management, leadership behavior and accountability.

In plain English AI-generated

This grant supports the Global Risk Institute in Financial Services to fund innovative research and best practices in financial risk management, including regulation, governance, and actuarial science.

Category: Research Primarily funds activity in Canada

Based on the published description. See how AI categorization works — the linked official record is authoritative.

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View official source record Imported July 30, 2026 from open.canada.ca Grants & Contributions