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Tara Newman Toronto Counsel

Tara Newman

Counsel Fasken
With experience gained from several senior positions at Canada Deposit Insurance Corporation, Tara is able to advise clients on many aspects of Canadian financial services law in today’s rapidly changing environment.
Jurisdiction Ontario, 1999
Language(s) English
Office(s) Toronto, Ottawa
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Overview

Tara Newman is counsel for Fasken's Financial Services Practice Group.

As the former Chief Risk Officer and head of strategy, resolution transactions and legal services at Canada Deposit Insurance Corporation (CDIC) over many years, she advises clients on a wide range of financial services issues.

With over 20 years of private and public sector legal experience, Tara has broad knowledge in a variety of areas. She served as Canada's representative on the Financial Stability Board's Legal Experts Group tasked with addressing cross-border issues in bank resolution. She was responsible for supporting CDIC's resolution preparedness, legislative initiatives and strategic planning, and led its innovative Crisis Simulation Centre. Prior to joining CDIC, Tara practiced corporate law in Ottawa. With her background, Tara brings critical advice, guidance and strategic recommendations on financial regulatory matters, transactions and payment technologies.

Career & Education

Education

  • BA (with Distinction), History/Political Science Nipissing University
  • LLB Osgoode Hall Law School at York University

Community involvement

  • Former Board Chair, Member Youville Centre 2007 to 2013

Memberships & Affiliations

  • Former Member Global Risk Institute 2020 to 2021
  • Former Member C.D. Howe Institute Financial Services Research Council 2020 to 2021
  • Member Canadian Bar Association 1999 to present

Knowledge

  • Federal Spring Economic Update 2026: Highlights Affecting Financial Services, 5/4/2026
  • Budget 2025: The Bank of Canada’s Mandate Expands to Stablecoin and Open Banking Supervision, 3/31/2026
  • Financial Services Regulatory Updates: Streamlined Bank Applications and Much More, 2/17/2026
  • Changes to Canada’s Bank Regulatory Environment to Promote Efficiency and Competition, 1/19/2026
  • Payments Regulatory Year in Review and 2026 Outlook, 12/23/2025
  • Banking Regulatory Year in Review and 2026 Outlook, 12/11/2025
  • OSFI Quarterly Release: Capital Changes and Other Updates, 11/24/2025
  • 2025 Federal Budget: Highlights Affecting Financial Services, 11/6/2025
  • OSFI Quarterly Release: Updates for Capital Adequacy, Model Risk Management and Insurer Peer Review, 9/15/2025
  • Global Spotlight on Canada's Financial Regulatory System, 8/18/2025

Events

  • Financial Services Regulation: Annual Year in Review & Looking Ahead to 2026, 12/2/2025
  • Credit Unions - Growth, Mergers and Strategy, 1/23/2025
  • Financial Services: Annual Regulatory Year in Review & Looking Ahead to 2025, 12/3/2024
  • Financial Services Regulatory Developments - Looking Ahead to 2024, 11/28/2023