It will implement a licensing framework for industry and introduce education and continuing education requirements.
Stronger rules for the mortgage broker industry in Newfoundland and Labrador are coming into effect on April 1st, 2025. It will implement a licensing framework for industry and introduce education and continuing education requirements. As well, it will require the industry to have errors and omissions insurance, and Require mortgage brokerages will be required to maintain trust accounts. This will strengthen client disclosure requirements and authorize administrative penalties for the industry. The new Mortgage Brokerages and Brokers Act and Regulations provides greater protection and reassurance for people using mortgage brokering services.
Water line flushing is underway in Corner Brook and residents may notice lower pressure and discoloration
Run the Rock is underway with a goal of raising $200K for children with critical illnesses
West coast organizations among 100 in NL to share over $3M in funding
NL Hydro extends power purchase agreement with Corner Brook Pulp and Paper for one year
Noise bylaw lifted to allow drumming during the annual Elmastukwek Mawio'mi in Corner Brook next month
