Office of the Fairness Commissioner

5.3 Factors to Consider in Determining the Impact of the Risk The overall impact of the risk would be more substantial where: a) The supply and demand imbalance of the profession or trade in the labour market is significant. [...] 5.3 Factors to Consider in Determining the Impact of the Risk The overall impact of the risk would be more substantial where: a) The size of the regulator’s annual registration cohort and / or the internationally educated applicant pool is large. [...] Where the OFC determines that a regulator should be placed in either of the higher-risk categories, and to support procedural fairness, the OFC will meet with the regulator to explain the basis for the assessment and provide an opportunity for the regulator to offer input, before finalizing the rating. [...] Transparency and Future Revisions to the Policy As a complement to the transparency provisions contained in the legislation, the OFC plans to publish the risk ratings of all regulators in its 2022-23 annual report, along with the steps that the higher risk regulators have taken to improve their registration practices. [...] Under section 21(2) of FARPACTA and section 22.8(2) of Schedule 2 to the RHPA, the cost of the audit is borne by the regulator and the final report must filed with the Minister of Labour, Immigration, Training and Skills Development for regulated professions and trades, and the Minister of Health for the health regulatory colleges.