Core Canada syllabus changes

This page describes the changes made to the Core Canada syllabus for the Fall 2018 exam.

The following study notes were added:

  • GHC-686-18 – Morneau Shepell News & Views Newsletter, December 2016, Volume 13, Issue 12 (article 2, Quebec: Bill 92 and article 4, Employment Insurance Changes)
  • GHC-687-18 – OHIP+ Set to Launch January 1
  • GHC-688-18 – BC Changes to Health Premiums
  • GHC-689-18 – BC Medical Services Plan Premiums to be Reduced by 50% on January 1, 2018
  • GHC-690-18 – An Actuarial Overview of LICAT
  • GHC-691-18 – IFRS 17 – Implications of the Proposed New Standard
  • GHC-692-18 – In Depth: A Look at Current Financial Reporting Issues (pp. 1-77, 84-89)
  • GHC-693-18 – OSFI Guideline Life Insurance Capital Adequacy Test
    • Read introductions to all chapters below:
    • Chapter 1: Overview and General Requirements (all sections) (pp. 5-13)
    • Chapter 2: Available Capital (section 2.1-2.2) (pp. 14-37)
    • Chapter 3: Credit Risk – On-Balance Sheet Items (section 3.1.2-3.1.8) (pp. 44-50)
    • Chapter 5: Interest rate risk (section 5.1-5.1.3.2) (pp. 82-94)
    • Chapter 6: Insurance Risk: (section 6.1 thru 6.8.1, excluding 6.7) (pp. 118- 134)
    • Chapter 8: Operational Risk (all sections) (pp. 168-170)
    • Chapter 10: Credit for Reinsurance (section 10.1-10.4.1) (pp. 180- 186)
    • Chapter 11: Aggregation and Diversification of Risk (all sections) (pp. 193-200)

The following articles were added:

  • Combo long-term care products: A solution to address market needs – this article discusses an interesting result on how combining products can change a risk perspective for an insurer

The following item was modified:

  • The Handbook of Employee Benefits, Rosenbloom, J.S., 7th Edition, 2011
    • Chapter 25 had some pages removed, pages 681-685

Finally, the following were removed from the syllabus:

  • GHC-103-13 – The Challenges of Pricing Health Insurance for the 2014 Exchanges
  • Analysis for Financial Management, 11thEdition, Higgins
    • Chapter 4 – Managing Growth
  • GHC-640-15 – CIA Research Paper, IFRS Disclosure requirements for life Insurers (December, 2010)
  • GHC-641-15 – Practical Guide to IFRS, PwC, (July 2013), pages 1-36
  • GHC-674-17 – MCCSR Guideline 2016, Office of the Superintendent of Financial Institutions (OSFI)
    • Sections: 1 (excluding 1.2.6), 2.1 (excluding 2.1.1.2 to 2.1.1.5 and 2.1.2.2 to 2.1.2.4 and 2.1.3 to 2.1.6), 3.1 (excluding 3.1.1 to 3.1.15), 4 (excluding 4.5), and 5 (excluding 5.3 and 5.4)
  • GHC-675-17 – Group MCCSR Calculation Study Note 2010
  • GHC-676-17 – Ready or Not, Here it comes?
  • GHC-677-17 – The wait is nearly over? IFRS 17 is coming, are you prepared for it? PWC, September 2016
  • GHC-678-17 – More flexibility in the application of IFRS 9 – the IASB publishes an amendment to IFRS 4, PwC, September 2016
  • GHC-679-17 – IFRS –Insurance contracts, Deloitte/CIA webcast, February 24, 2016
  • GHC-680-17 – IFRS 17 (aka IFRS 4 Phase II) Introduction, November 2016
  • GHC-681-17 – IFRS 4 Phase II: illustrative example of life contract without participation features, EY, June 2015

The case study may be updated for this season. It is released at a later date than the rest of the syllabus.