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 injuries after a vehicle went over an embankment and struck a parked vehicle in Deer Lake
Finance Minister commits to carrying election platform promises in next week's budget
Acting Child and Youth Advocate is against Ontario's proposal of tying chronic absenteeism to school marks
Government is set to deliver Budget 2026 next Wednesday
RCMP say threats against a school in the Codroy Valley were "not credible"
