International Development Grant
Toronto Centre - Strengthening financial sector supervision and regulation – 2024 to 2028
Project Number: CA-3-P013455001
Status: Operational
Country/Region:
Regional Focus:
Maximum Contribution: $20,000,000.00
Start Date: December 20, 2023
End Date: December 31, 2028
Duration: 5.0 years
Project Description
This project supports Toronto Centre’s efforts to deliver effective institutional capacity-building programs that promote financial stability and financial inclusion in developing countries. Toronto Centre provides intensive assistance globally focusing on Sub-Saharan Africa the Indo-Pacific and special assistance to Ukraine. For the project’s duration Toronto Centre’s priorities as integrated into their core capacity development programs include: (1) advancing financial inclusion and gender equality; (2) strengthening capacity to manage climate change and biodiversity loss-related risks in financial systems; and (3) accelerating financial sector support for food security amid geopolitical risks. Project activities include: (1) delivering technical leadership and supervisory guidance in capacity-building and training programs to financial supervisors in developing countries. This is done through practical and interactive teaching methods developed through a climate and gender lens; (2) offering a Certified Financial Supervisor (CFS) designation; and (3) developing supervisory guidance resources (Toronto Centre notes webinars podcasts) supporting developing countries.
Expected Results
The expected outcomes of this project include: (1) increased effectiveness of financial sector supervisory and regulatory personnel in developing countries supporting financial stability and increased financial inclusion for women and girls; and (2) enhanced application of gender and environmental sensitive supervisory and regulatory frameworks structures and associated policies and practices by financial supervisory and regulatory agencies in developing countries.
Key Information
Executing Agency:
Toronto Centre
Reporting Organization:
Global Affairs Canada
Program:
YFMInternaAssistPartnershp&Programing Br
Last Modified:
September 19, 2025
Development Classifications
DAC Sector:
Aid Type: Project-type interventions
Collaboration: Bilateral
Finance Type: Aid grant excluding debt reorganisation
Selection Mechanism:
Department-Initiated