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.
Young people in western NL now have better local access to services for mental health, primary care, housing, employment, and community support. Becket Western NL, a new Integrated Youth Services (IYS) hub, has officially opened.
Bay St. George RCMP is looking for security camera footage after a break in at Lourdes Superette.
The first day of spring has come and gone, and with the extended winter weather, means motorists can keep their studded tires on a little longer.
Tip of a possible impaired driver
Channel-Port aux Basques RCMP and Traffic Services West took three vehicles off the road and laid charges during a traffic initiative late last week.
