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
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
