Which of the following is NOT a source of Canadian insurance law?

• A. The Canadian Constitution
• B. Common Law
• C. The British Parliament
• D. Legislation and Regulation

Answer: (C)

Canadian insurance law comes from rules created and interpreted within Canadian institutions: the Constitution (which sets how federal and provincial powers over insurance are allocated), common law developed by Canadian courts through insurance-related decisions, and legislation and regulation enacted by federal and provincial governments (with regulations providing detailed rules under those statutes). In Quebec, civil law traditions also influence how contracts and obligations are interpreted. The British Parliament is not a source of Canadian insurance law because Canada is a sovereign system with its own legislative bodies and courts; modern Canadian insurance law is made by Canadian lawmakers and interpreted by Canadian courts, not dictated by UK parliamentary Acts (except historical ties that are no longer the basis of current law).