Diane Urquhart is an independent financial analyst and former senior securities industry executive. She is a major critic of the financial system in Canada. She appeared before the Parliamentary finance committee’s hearings into Canada’s frozen non-bank asset-backed commercial paper as one of six witnesses to address the committee where she appeared on behalf of a group of retail customers of non-bank ABCP.Diane Urquhart says that asset-backed commercial paper is responsible for a loss of $7–$13 billion in Canada held primarily by government, corporation pension funds and treasuries. Implicated are credit rating agency Dominion Bond Rating Services (DBRS), the Federal Office of the Superintendent of Financial Institutions (OSFI), and the Ontario Securities Commission. Ms Urquhart also speaks out against some powerful institutions and people, such as Ernst & Young, JP Morgan and Purdy Crawford. Wikipedia
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