Do you have access to privileged information at your workplace or because of a personal situation?

Do you want to report suspicious activity by an individual or business, whether or not they are registered with the AMF? Are you afraid of reprisals if you speak up?

The AMF’s Whistleblower Program can give you better protection. 

What is the Whistleblower Program?

The AMF’s Whistleblower Program is designed to:

Whistleblowers make an important contribution by sharing information that might not otherwise be available to investigators. Thanks to whistleblowers, authorities can uncover more offences, intervene earlier and minimize the consequences of offences for victims. In some cases, the information provided by whistleblowers can even help prevent offences from being committed.

The AMF has set up a secure window through which whistleblowers can report information that will be dealt with thoroughly and in complete confidence by a specialized team. 

What is whistleblowing?

Whistleblowing consists of providing information about offences under the laws and regulations administered by the AMF.

The AMF would like to receive information from whistleblowers that is provided in good faith and with serious reasons to believe that an offence was, is being or will be committed. 

Exemples :

Jean-Pierre, who is a relative of Céline, an employee of a publicly-traded company, learns that Céline and a group of co-workers have access to privileged information. They’re using that information before it’s made public to trade shares; this amounts to insider trading. Fearing rejection by his family, Jean-Pierre would like his identity to be kept confidential under the Whistleblower Program.

Annie, a group savings representative, overheard a conversation between her co-worker Robert and an elderly client. Robert was asking the client to lend him money in return for “much better interest than market rates.” Annie thinks her employer is turning a blind eye to the situation since she mentioned it to her supervisor and the client is still coming to the office for meetings with Robert. Fearing reprisals by her employer or co workers, Annie decides to report the situation to the AMF through the Whistleblower Program.



What is a whistleblower?

A whistleblower has strategic access to privileged information. He or she may be a current or former employee, a director, a co-worker of the person committing the wrongdoing, a service provider or a friend or family member. The whistleblower wants to be sure his or her identity will remain confidential, fearing reprisals for reporting the wrongdoing.

Because of the close professional or personal relationship between the whistleblower and the person whose actions are being reported, there’s an overriding need to keep the whistleblower’s identity confidential.

What protection is offered?

Whistleblowers almost always have a workplace-related or personal reason for wanting to keep their identity confidential. The AMF has set up various measures to maximize the protection offered to whistleblowers.


  • Confidentiality: During an investigation, the AMF makes every effort to keep the information and documents it receives and the whistleblower’s identity confidential.
  • Anti-reprisal measures: The AMF can use various anti-reprisal measures given the serious social and work-related consequences that whistleblowers could face in the event their identities cannot be kept confidential. For example, immunity from civil prosecution protects whistleblowers from liability that could result from the information they report.
  • Anonymity: Although the AMF accepts anonymous whistleblowing reports, we don’t encourage this because it then becomes difficult or even impossible for investigators to contact the whistleblower if clarifications are needed during their investigation.





How to take advantage of the Whistleblower Program

The whistleblower must use the prescribed Whistleblower Information Form (pdf - 176 KB)This link will open in a new window so that the information can be processed on a timely, confidential and uniform basis by the Whistleblower Program staff. The form must be sent to the AMF by e-mail or regular mail. The AMF will ensure that forms are received and processed in a secure manner.

If you send an information form by e-mail, use a personal e-mail address that is not associated with your employer rather than your workplace e-mail address.

E-mail address for the Whistleblower Program:

Regular address for the Whistleblower Program:
C. P. 593 800, rue du Square-Victoria Montréal (Québec) H4Z 1J8  

To help ensure confidentiality, we will not acknowledge in writing receipt of information you provide. A team specialized in processing this type of information will read and analyze the report and will take strict measures to keep an informer’s identity confidential.

If additional information or clarification is required after analyzing your report, an investigator from the Whistleblower Program will contact you in complete confidence. Please note that if your report leads to an investigation by the AMF, no comment on the status of that investigation will be provided to you by the Whistleblower Program staff so the integrity of the process can be safeguarded. 

Information leaflet on the AMF whistleblower program (pdf - 628 KB)This link will open in a new window

Need Help?

If you need help filling out the information form or have questions about the Whistleblower Program, you can call us at 1-866-332-0115.

When prompted, leave a detailed message with your contact information and an agent from our Whistleblower Program will contact you as quickly as possible, in complete confidence.

If you think you need better protection as offered by the AMF, fill out this Whistleblower Information Form (pdf - 176 KB)This link will open in a new window.

If better protection is unnecessary, use this form (pdf - 95 KB)This link will open in a new window