Lucie Tedesco was appointed Commissioner of the Financial Consumer Agency of Canada (FCAC) in September 2013, for a five-year term. In July 2018, she was re-appointed for a six-month term. She previously served as Deputy Commissioner from 2008.
As FCAC Commissioner, Ms. Tedesco ensures that federally regulated entities comply with consumer protection measures and helps advance the financial literacy of Canadians. She serves as a member of the federal Financial Institutions Supervisory Committee, and is also a board member of the Canada Deposit Insurance Corporation.
In 2016, Ms. Tedesco was appointed Chair of the International Financial Consumer Organisation (FinCoNet), an international association of supervisory authorities responsible for financial consumer protection. She is also a faculty member of Osgoode Hall’s Regulatory Compliance and Legal Risk Management for Financial Institutions Program.
Ms. Tedesco began her career in private practice with Burke-Robertson, Barristers and Solicitors, where she specialized in insurance law. She went on to hold senior leadership roles with major Canadian financial institutions. In 2000, Ms. Tedesco joined Export Development Canada (EDC) where she took on increasingly senior positions, finishing her career there as Vice-President, Strategy and Planning.
A member of the Ontario Bar, Ms. Tedesco holds a Bachelor of Arts degree (Lettres françaises) and an LL.B. from the University of Ottawa.
FCAC report: Home equity lines of credit may put consumers at risk2017-06-07 – News release
Home equity lines of credit may put some Canadians at risk of over-borrowing, according to a report released today by the Financial Consumer Agency of Canada.
FCAC Commissioner named chair of international regulators forum2016-11-28 – News release
Lucie Tedesco, Commissioner of the Financial Consumer Agency of Canada, was appointed Chair of FinCoNet, an international organization of supervisory authorities responsible for financial consumer protection, on November 16, at the organization’s annual general meeting in Jakarta, Indonesia.
Commissioner of the Financial Consumer Agency of Canada
- Speech at press conference for the release of the report: Home Equity Lines of Credit: Market Trends and Consumer Issues
- FCAC appearance at the House of Commons Standing Committee on Finance
- All Hands on Deck: Navigating Forward in Canada’s Fast-Changing Financial Services Sector
- FinTech and Financial Consumer Protection—The Role of Supervisory Authorities
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