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Who We Are


  • Empowering Canada's Investment Industry

The Securities and Investment Management Association (SIMA) champions a thriving, resilient investment sector that fuels economic growth, fosters innovation, and creates greater opportunities for Canadian investors and savers.

We equip members with the intelligence, advocacy, and tools they need to navigate a rapidly evolving financial landscape. From regulatory shifts to emerging opportunities, we ensure our vital sector remains strong and forward-looking.

  • Our Evolution

In 2025, the association, formerly the Investment Funds Institute of Canada (IFIC), expanded its mandate and is now the leading voice for the securities and investment management industry. SIMA members, including investment fund managers, investment and mutual fund dealers, capital markets participants, and professional service providers, oversee approximately $4 trillion in assets—including mutual funds, ETFs, GICs, stocks, and bonds. They play a crucial role in supporting a stable, financial ecosystem that meets the needs of over 20 million investors and the broader Canadian capital markets.

SIMA’s history is one of innovation and impact. Established in 1962, we have continually expanded our mandate to reflect the evolution of Canada’s investment industry.

2025

Rebranded as SIMA to reflect our expanded scope.

2024

IFIC’s board approved an expanded mandate to provide support and advocacy to all investment dealers, including capital markets participants.

Launched our first API, allowing for secure data exchange.

2022

Marked 60 years of advocating for a resilient investment industry.

2018

Modernized data reporting with IFICstats.ca.

2017

Expanded advocacy efforts to ETFs.

2006

Launched the first CEO/Regulator Forum to strengthen industry dialogue.

Conducted our first annual public survey of investors.

2001

Began publishing monthly statistics report.

1997

Established the Quebec Investment Funds Council (CFIQ), enhancing regional representation.

1990

Initiated monthly sales and asset reporting.

1976

Rebranded as The Investment Funds Institute of Canada (IFIC).

1971

Created the Canadian Institute of Financial Planning and the CFP program.

1967

Launched the Canadian Investment Funds Course for mutual fund licensing.

1962

Canadian Mutual Funds Association (CMFA) formally established, later becoming IFIC.

  • What we do
  • Advocacy with impact – We shape public policy through evidence-based research and strategic engagement with regulators and policymakers.
  • Industry intelligence and insights – Our expert analysis helps members stay ahead of regulatory developments, market trends, and emerging risks.
  • Operational excellence – We support our members in addressing critical operational challenges, helping them navigate evolving regulatory requirements, technological advancements, and market complexities.
  • Collaboration and community – Through our industry-leading committees and events, we bring together top minds to tackle pressing issues and drive innovation.
  • Member resources and training – From compliance tools to best-practice guidance, we provide essential support to help members succeed.
  • Why SIMA
  • Trusted voice – Policymakers, regulators, and industry leaders turn to SIMA and its members for expert insights and informed perspectives.
  • Member-driven – With over 150+ members spanning asset managers, dealers, and capital market participants, we represent a broad spectrum of Canada’s investment industry.
  • Proactive and future-focused – We anticipate industry shifts, advocate for smart policy, and drive solutions that strengthen our sector for the long-term.
  • Join Us

SIMA members share a commitment to advancing a strong, resilient investment industry for all Canadian investors. Be part of the conversation.

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