authorization (3)

CRA Representation Process

It is important that your representative has authorization with CRA. Currently the only way to get a business account authroized is to do it through the online portal at CRA called "My Busines Account"

Here is a video you should watch to setup your account. Once that is done, you can add us as your represenative.

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Privacy Vigilance

PEAK Disclosure - Click to Study

As always we are always concerned about protecting our clients privacy. This updated from our professional organization shows that our industry has lots of room for improvement. 

A few things that we are implementing in our practice from a practical doing business perspective. 

1. Trusted Contact ~ in the event that we feel something is off , maybe your making decision that do not seem to reflect your normal behavior, maybe dementia is developing, your forgetful, requesting high risk investments, involing people in your deciisons that are not normal. A trusted contact authorization allows us to reach out to say a family member to check in with them to make sure you are ok. 

2. Authorization to Release / Obtain / Exchange Confidential Information ~ this document allows us to share as an example your tax information with your bank or mortgage broker so they can secure a loan for you.

3. Online access to your portfolio, we have implemented a multi part authorization to ensure your privacy. ~ we want to be sure that it is you accessing your account. 


There is many other best practices that we implement and maintain every day. 

Tim Ross

CEO, Founder 

Brock Shores Financial


Here is a link to our dealerships privacy policy 

Peak Privacy Policy



IFB Regulatory Update

December 2019


Privacy Update – a cautionary tale


IFB is always working to keep Members updated on issues that can affect you, your clients and your business. In this Update, we draw your attention to the ever-growing need to be vigilant about protecting client information. Instances of privacy breaches are in the news more and more frequently. 


Canada’s Office of the Privacy Commissioner (OPC) recently released an update on the privacy breach notifications it has received since reporting of breaches became mandatory under PIPEDA in November 2018. The results may surprise you! The OPC reports that the number of data breach reports have skyrocketed. While some of those reports have involved well-known corporate names, it has also seen significant volumes coming from small- and medium-sized businesses.


As 2019 draws to a close, this is a great time to make sure the important - often sensitive - information you retain in client files, on your computer, laptop, even on your phone is secure and protected. Do not keep more information on clients than is needed. Review files to evaluate whether you still need the information, and always ensure client information is destroyed in a safe and secure way.


680 breach reports – 6X higher than previous years – over 28 million Canadians affected!

·     58% of breaches involved unauthorized access: Snooping by employees or other unauthorized individuals for reasons that can range from curiosity to financial gain. Phishing and impersonation where fraudsters use sophisticated tactics to convince employees (or anyone they’ve targeted) that they are legitimate in order to gain access to information.

·     22% involved accidental disclosure: Documents containing personal information are provided to the wrong individual (for example, an incorrect email or postal address was used, or an email was sent without blind copying recipients) or are left behind accidentally.

·     12% from loss:  Loss of a computer, storage drive or actual paper files. 

·     8% from theft: Theft of documents, computers or computer components.



Some OPC tips to keep your business and your clients from exposure. Remember, under PIPEDA you have breach notification requirements.


1.  Foster a culture of privacy. Ensure you, your business partners, and any employees understand the importance of safeguarding personal information, and the risks of not doing so.

2.  Remind employees, associates, business partners, clients of your commitment to privacy.

3.  Ensure everyone knows there will be consequences for failing to follow privacy policies, like engaging in snooping, or not taking steps to adequately protect client information.

4.  Ensure access to files is on a need to know basis. Those who don’t need access should be restricted from seeing all, or the most sensitive, information in client files.

5.  Faxing information has risks. Dialing a wrong fax number could accidentally send sensitive personal information or medical information to the wrong person. Locating a fax machine out in the open means personal information being sent or received may be visible to passers-by. Fax transmissions, like telephone calls, can be tapped and monitored. If you must fax personal information, consider buying a machine which encrypts transmissions.

 More information and tips can be found on the OPC website.

Disclaimer: IFB Bulletins are provided for informational purposes for the convenience of IFB members. They are not intended to be a comprehensive review of the topics discussed, or to be used as a substitute for professional advice.

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The CRA call action protection plan 

I was reminded today our advisors conference that clients should be simply referring any and all calls they get from CRA to us or their authorized representative. 
This will I’ll help protect you from CRA scams and protect you from CRA themselves. 
Cra agents are compeled to redirect their calls calls to the representative and deal with the matter Professionally. 
They kniw now who the authorized representative is, so you should jut tell them or confirm. Doing that can perpetrate a fraud act if that is the case. There is a high volume of activity out there. 
At our firm firm we are able to work on your behalf.  Please let us know if the call and we will make a note of it in your fine and confirm if there is any activity actually concerning on your file. 
I would also advise us of any corespondece as well, I can see that being the next way they try and scam people. 
If if you do not have an authorized representative on file and you would like representation please contact our office to see if that can be arranged for you. 
As we develop our our membership offerings this will be one of our official Omega Stewardship services going forward in the members plan. 
Thank you
Tim Ross, Family Advisor ®
Family Office providing Omega Stewardship ®
613-345-0016 Office
Helping Families Achieve ...Life’s Major Goals ®
* One Stop Process Driven Approach for Retirement & Income Planning
* Personalized Tax Management Solutions for Individuals & Business Owners
* Confidential Wealth Management Solutions
Mutual Funds through Professional Investments 
Brock Shores Financial 
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