Ontario Financing Authority
Stefan Ali is a seasoned professional in risk control and economic analysis, currently serving as a Senior Risk Control Analyst at the Ontario Financing Authority since September 2021. Previously, Stefan held positions including Risk Control Analyst at the same organization, Economist at the Ontario Ministry of Infrastructure, and Senior Advisor for Grants Ontario at the Ontario Ministry of Government and Consumer Services. Additionally, Stefan worked as a Senior Business Solutions Consultant and Policy Advisor at the Ontario Ministry of Housing, as well as an IT Systems Assistant. Early experience includes a role as a Drinking Water Assistant at the Ontario Ministry of the Environment and Climate Change. Stefan Ali holds a Bachelor of Applied Science in Chemical Engineering from the University of Toronto, completed in 2017.
Ontario Financing Authority
The Ontario Financing Authority (OFA) was established as an agency of the Crown on November 15, 1993 by the Capital Investment Plan Act, 1993 (the Act). In accordance with the Act, the OFA: • conducts borrowing, investment and financial risk management for the Province of Ontario (the Province); • manages the Provincial debt; • manages the Province's key financial relationships with investors, financial institutions, rating agencies and public bodies; • provides centralized financial services for the Province including banking and cash management; • advises ministries, Crown agencies and other public bodies on financial policies and projects; • assists Crown agencies and other public bodies to borrow and invest money; • acts at the direction of the Province in lending to certain public bodies; • invests on behalf of some public bodies; • with Ontario Power Generation Inc. (OPG), manages the investment activities of OPG’s Used Fuel Segregated Fund and Decommissioning Segregated Fund; and • carries out the day-to-day operations of Ontario Electricity Financial Corporation (OEFC) and provides a broad range of financial services to Infrastructure Ontario. In addition, the OFA’s objects include: • providing such other financial services as are considered advantageous to the Province or any public body; and • any additional objects as directed by the Lieutenant Governor in Council. In pursing its mandate, the OFA is committed to its core values of respect, innovation, teamwork and accountability.