Liz is a SIREG investor and a member of the SIREG Investor Recovery Coalition. Press play above to watch Liz’s video testimonial, or read the transcript below.
Transcript
Hi my name is Liz and I bought in to the simple investor renter guarantee idea.
I have properties that right now I'm not sure how I'm going to be make my mortgage payment.
I work full-time.
And I live paycheck to paycheck the only thing I wanted ever to do.
Is to have this properties so I can leave it to my daughter's.
My daughter is in University she's starting to be a nurse.
And I was hoping that when she graduates I can say here it is.
You can sell this you can live on it you can use it as your own investment in those dreams are completely gone.
I'm stressed I am struggling with.
My own finances to pay my own mortgage I have a mother who is fully dependent on me because she's going blind due to glaucoma.
I can't tell you how much stress I've been on right now.
I'm leaving considering going on a stress leave because I can't concentrate at work.
So this is completely have destroyed our lives and we trusted.
On the CEO Todd Slater and we trusted I also have some MIC investment that I wanted to again put it towards my retirement and I've been told that I have no money right now. So yeah.
This is this has been the most horrible thing that has happened to my life right now.
What’s happening: the SIREG and Simple Investor situation in brief
If you arrived here looking for news about The Simple Investor, SIREG Management or Todd C. Slater, here is the short version.
- Who: The Simple Investor brand and SIREG Management Inc. were founded by Todd Slater (Todd C. Slater), a former talk-radio host. They sold condo units and joint-venture investments to individual Ontario investors, many on a “guaranteed rent”, hands-off model (The Globe and Mail).
- September 2026: SIREG Management reported “liquidity challenges” and investors stopped receiving their payments (CTV News, CBC News).
- The regulator: the Condominium Management Regulatory Authority of Ontario (CMRAO) took regulatory action against SIREG Management Inc., including immediate licence suspensions (CMRAO).
- Insolvency: several SIREG and Simple Investor companies have filed for insolvency, the process many people search for as the “Simple Investor bankruptcy” (The Globe and Mail, Insolvency Insider).
- People named: coalition members have been asked to share any first-hand documents about their dealings with SIREG Management representatives, including Todd Slater and Sheila Vos Slater, with the coalition’s legal team.
The SIREG Investor Recovery Coalition (the SIREG coalition) brings affected investors, condo owners and tenants together to share information and pursue recovery through the proper legal and regulatory processes. No allegation against any individual has been proven in court.
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