Mortgage interest rates are not affected by the Mortgage Brokerages and Brokers Act and Regulations as these are primarily determined by the Bank of Canada policy rate.
New rules for the mortgage broker industry in Newfoundland and Labrador came into effect yesterday. The new Act and Regulations ensure legislation is current and modern. It will include the implementation of a licensing framework, a Code of Conduct, education, authorize administrative penalties, and strengthen client disclosure. Changes also provide greater protection for people using mortgage brokering services. Mortgage interest rates are not affected by the Mortgage Brokerages and Brokers Act and Regulations as these are primarily determined by the Bank of Canada policy rate. For more information, please visit gov.nl.ca
February is Heart and Stroke month
Premier says Newfoundland and Labrador is ready to support Canada’s new Defence Industrial strategy
Alexis Whiteway is the Leifling for the 53rd Corner Brook Winter Carnival
Corner Brook's 53rd annual Winter Carnival is into Day 5
MHA's heading back to their seats in the House of Assembly on Monday to start the spring session
