MI Pro Users

MI Pro 2026 Interim Release

The MI Pro 2026 Interim Version A release is now available on the secure SETpro website. This release includes updated Pro packages, regulatory changes to the PC4/MCT return, and several performance and usability enhancements designed to improve stability and reduce user issues.

Packages included in this release:

The following packages are now available:

• MI Pro 2026 Interim Version A
• F8 Pro 2026 Interim Version A
• Earthquake Pro 2025 Annual Version A
• OSFI 1045 Pro 2025 Annual Version A

Key highlights:

• MI Pro reporting content remains unchanged from the prior year, with performance improvements implemented behind the scenes.
• User experience enhancements to improve package functions and performance.
• StatsCan BP 27/28 Pro 2025 Version A is now available. There were no changes to the returns included in these packages for your 2025 filing.
• Earthquake Pro 2025 (Version A) is now available for download and maintains the same return format as last year. We have also released our new OSFI 1045 Pro package, specifically designed to support OSFI’s current one-time, voluntary data request.
• New IC1 Pro and IC2 Pro climate risk reporting packages are coming soon, alongside preparations for IFRS 18 and the SOC 2 Type 2 audit.

Filers are encouraged to review the details below to understand how these updates may impact their upcoming filings.

What’s changed?

MI Pro 2026 Interim Version A

There are no regulatory changes to the reporting requirements or validations for MI3, MI4, MI5 and MIProv in 2026.

The 2026 MICAT Quarterly Return has been updated to reflect recent OSFI guideline changes, effective January 1, 2026.

To support filers through these changes, SETpro has prepared a tracked changes version of the MICAT. Please contact SETpro to request access.

• MICAT Return Changes
  
  • Page 10.10 – A new section has been added to Insurance Risk for liabilities for remaining coverage on multi-unit residential exposures (rows 221-235).  
  • Page 10.20 - New rows have been added to support crypto asset reporting to align with OSFI’s new crypto asset capital guideline and enable filers to capture risk associated with emerging financial exposures:
    - Two new rows within Deductions from Capital (row 390 Cryptoassets exposure (simplified approach)– and row 391 - Cryptoassets exposure (Group 2))
    - One new row within the Memo section (Row 691 - Total gross exposure to crypto-assets)
  • New page 20.40 - Multi-unit Residential Mortgages: Origination balances, Outstanding Balances, Number of Mortgages and Total Requirements
    - This new page as added to the MICAT return in 2026.  The total from row 499, col 999 will tie into row 230 on page 10.10.
    - The instructions were updated to include the reporting requirements for this new page.

StatsCan F8 Pro 2026 Interim Version A

There are no changes to the reporting requirements in 2026.

Earthquake Pro and OSFI 1045 Pro Annual Version A

OSFI has made no changes to the Earthquake Exposure Data Form or its instructions. However, OSFI has issued a voluntary, one-time data call for "1-in-200 year probable maximum loss" (200 PML) values as part of a supplemental filing for catastrophe risk analysis.

In response, SETpro has developed the OSFI 1045 Pro package, which features built-in validations, dropdowns and creates the output file in accordance with OSFI’s filing requirements. This allows your team to focus on data accuracy while we handle the technical filing requirements.

Performance & User Experience Improvements

To further enhance the user experience with MI Pro, we’ve made several behind the scenes improvements. While subtle, these updates significantly reduce the likelihood of user issues:

• Footer Updates – Pro packages will no longer automatically update footers during execution of the print or create Special Excel Functions to improve performance.
• Cut & Paste Controls – Cut and paste functionality in Excel has been disabled to prevent broken references. (copy and paste is still fully supported).
• Workbook Protection – Filers can protect the workbook while retaining access to all custom menu features.

Coming Soon

IC1 and IC2 Pro Version A

New IC1Pro and IC2 Pro packages will soon be available to support Climate-Related Risk reporting requirements.

Developed in alignment with OSFI and AMF business specifications and instructions, this package will includes:

• Built in validations aligned with specifications and matrices
• Automated creation of the required CSV output
• Consolidated filing instructions in one place

This tool is designed to reduce time spent interpreting requirements, allowing filers to focus on understanding and preparing the underlying data.

What’s on the horizon?

IFRS 18 – 2027 Filings

SETpro is actively reviewing, analyzing, and testing IFRS 18 driven changes in preparation for 2027 filings. Data testing with OSFI will begin shortly.  Please reach out to Sydney Richardson if you have any questions related to these changes.

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SOC 2 Type 2 Audit

Our SOC 2 Type 2 audit will commence in April 2026, reinforcing our commitment to security and data confidentiality.

Contact information

The Pro Support Team is happy to assist you with any questions or concerns. Please do not hesitate to contact our Support Team general mailbox at support@setproco.com.

For account related inquiries or new user access, reach out to us at hello@setproco.com.