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.
No buildings or equipment damaged during an overnight fire at Wildcove and a water bomber is on the scene
Fire ban in effect in Corner Brook until further notice
RNC handing out tickets and adding enforcement in a construction zone near Steady Brook
“March for Atlantic Salmon” at the Majestic Lawn in Corner Brook on Sunday
Crews continue to work on hot spots after an overnight fire at Wildcove and air quality advisories have been issued
