The Globe and Mail reports in its Thursday edition that Ontario's securities regulator is providing $11-million in funding to help Canada's primary advocacy group for retail investors continue to operate for another six years. The Globe's Clare O'Hara writes that on Wednesday, the Ontario Securities Commission announced that over the next six years it will provide FAIR Canada with funding of up to $2-million a year to be used to support FAIR's day-to-day operations. The OSC has been criticized for not returning more money to harmed investors from the $123-million it has collected over the years from settlements and sanctions levied by its enforcement division. Last year, the OSC spent just $7-million on investor education, payments to whistle-blowers and compensation for harmed investors. The $11-million funding to FAIR will be provided from sanction and settlement funds held in the commission's designated fund. The money will be paid in two instalments, with the first instalment to be paid to FAIR immediately, and a second instalment provided in 2027. FAIR can only draw a maximum of $2-million a year under the agreement, the OSC said. Toronto-based FAIR was established in 2008 to provide retail investors a voice.