What is the AIR feature?
The AIR feature in Finmo helps Ontario brokerages prepare and validate the data required for their Annual Information Return (AIR) filing with FSRA. The AIR in Finmo is built to:
Save time during AIR season
Reduce manual work and stress
Centralize compliance data
Surface data gaps early
Align directly with FSRA’s language and definitions
📌 Important: Finmo does not submit the AIR to FSRA
Submission is a manual process handled by the brokerage
The AIR in Finmo is a preparation and validation tool
Who can access the AIR?
Admin-only access. You must be a designated "organization administrator" on Finmo and have access to the brokerage "control centre".
What is the scope & reporting period?
Ontario only
Single reporting year
January 1 – December 31
There are no province filters or date selectors, as FSRA’s AIR scope is fixed.
How to view or print the report on Finmo
The AIR is a static, review-first report.
You can:
View it in Finmo
Print it
Save it as a PDF
Printed and PDF versions include a timestamp, creating a compliance paper trail.
1. Click on the "Globe" on the left menu to access the control centre.
2. Select the reporting icon and choose "Annual Information Return"
3. Next select the year from the drop down menu and click on "View report"
Your report will generate.
4. Click on "Download or print report".
5. A pop-up will open where you can choose to print the report or download and save it as a pdf.
How the data works
The report mirrors FSRA’s AIR questionnaire in structure and wording
Data includes funded counts, volumes, and regulatory breakdowns
Mortgage classification and lender data come from the Compliance tab
Note: No deal-level drill-downs are available. For deal validation, export data from "Funded deals".
Totals & counting logic
Some sections are not mutually exclusive (e.g. a deal can be Construction and HELOC)
These sections do not show totals
Mutually exclusive sections (like Mortgage Goal) do include totals for validation
First-time home buyer logic
Counted per deal, not per borrower
If at least one borrower is a first-time buyer, the deal is counted once
This matches FSRA’s requirements and avoids inflated counts
Variable income & self-employed
Counted per deal
A deal is included if at least one borrower:
Has variable income, or
Is self-employed
Includes mixed income (e.g. salary + commission)
Data transparency & quality checks
Some sections may show:
Excluded deals
Missing values (such as LTV)
These are not errors. They highlight missing or incomplete data and help identify gaps before filing.
Should you require further assistance, please contact our support team via the chat bubble or by email support@finmo.ca