Provincial Matters

Mortgage Professionals Canada is actively involved with provincial regulators on issues such as regulation, education, disclosure, licensing and more. With member input, we provide consultation and advice on legislative matters; report on discussion papers and maintains engaging dialogue to ensure the interests of our members are represented. Provincial regulators also frequently speak at our regional symposiums providing updates and information to members across the country. 

Submission in regards to review of B.C. Mortgage Brokers Act

MPC has submitted its advice to the British Columbia Ministry of Finance regarding its review of the B.C. Mortgage Brokers Act.

Deferring of Licensing Fees in Nova Scotia

The province of Nova Scotia announces deferring of licensing fees until June 30th, 2020, to provide breathing room during COVID-19.

Ontario March 31st Deadline for Continuing Education and AIR

Discussions with FSRA regarding the March 31st deadline for FSRA Mandatory Continuing Education and Annual Information Return, posing a major risk to many of our Ontario agents and brokers during the COVID-19 crisis.

Submission Response to FCNB

MPC’s January 2020 response to FCNB’s Consultation Paper on incidental selling of insurance in New Brunswick.

FSRA's Changes to Non-Qualified Syndicated Mortgage Investment Disclosure

FSRA has introduced amended disclosure forms for non-qualified syndicated mortgages.

MBLAA Review Recommendations Adopted

MPC is pleased that many of its MBLAA review recommendations were adopted by Ontario Ministry of Finance.

Update from FSRA

Proposed Changes to NQ-HRSMI Disclosure

FICOM Investigates Fraud

BC regulator issues cease and desist order

Meetings with BC MLAs

Overview of Housing Affordability Discussions in Victoria

Advocating at Queen's Park

Member volunteers met with over 35 MPPs to discuss housing.

Ontario Budget Review

View budget excerpts pertaining to mortgage and housing industry.

Housing Advice to ON Gov

Advice to policymakers for improving housing affordability for Ontarians.

Investing In Homeowners

Manitoba enhances support of homeownership.

MBLAA Legislative Review

Joint recommendations provided with CMBA-Ontario.

Meetings with New Regulator, FSRA

Successful meetings held in advance of transfer of regulatory oversight.

Service Alberta Reviews RECA

The Minister of Service Alberta has advised RECA of a review to examine governance & operations.

Advocacy Day in British Columbia

Volunteers & staff met with MLAs & other officials to discuss the value mortgage brokers play in B.C.

FSCO Releases Syndicated Mortgage Forms

FSCO releases new forms for brokerages dealing with non-qualified syndicated mortgages

Response to FSCO's Recent Draft

We have provided a submission to FSCO as a response to its Draft 2018 Statement of Priorities

Feedback Submission to the B.C. Government

Feedback to the B.C. government’s Financial Institutions Act & Credit Union Incorporation Act Review.