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Canada
2023 (3 Years)
Last online: No recent activity
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This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Saskatchewan Drives
Company Information
Get to know Saskatchewan Drives
Founded in 1945, Saskatchewan Government Insurance (SGI) is a Canadian provincial Crown corporation based in Saskatchewan. The company operates through two distinct divisions: the Saskatchewan Auto Fund, which is the province's compulsory auto insurance program that also administers driver licensing and vehicle registration (the context for the "Saskatchewan Drives" program and handbook), and SGI CANADA, which offers a comprehensive range of property and casualty insurance products in competitive markets across five Canadian provinces. SGI's mission is to provide dependable and affordable insurance and to maintain a safe transportation system.
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