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.
TCH will be closed an "undetermined time" in both directions east of Jack's Pond near the Southern Harbour exit
RCMP looking to identify suspects at break ins at cabins and campers near St. Anthony
Sport NL board member Darren Colbourne talks about government's recent $1.2M investment
3 out of 4 scheduled first time cruise ship visits to the Port of Corner Brook are coming next month
Pasadena woman caught at a traffic stop in Corner Brook with cocaine on Wednesday night
