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REGULATIONS AND GOVERNMENT RELATIONS

CMBA Ontario’s Regulatory Affairs Committee works with the Financial Services Commission of Ontario (FSCO) and the Ministry of Finance to develop programs to enhance the Mortgage Brokerage Industry in Ontario, through consultation, and assisting to enhance existing rules and regulations. The Committee plays a key role in legislative and regulatory matters by participating in stakeholder meetings with both FSCO and the Ministry of Finance, and communicates Member feedback to both organizations.

In the section below, you will see CMBA advocacy initiatives across Canada. Under Advocacy, we have also included information about our Policies & Procedures manual available for purchase, In The Know Q&As about rules and regulations, as well as Industry News.

Submission to The Advisory Committee on the subject of Finance Canada’s Consultation & Review into the Merits of Open Banking; February 13, 2019

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Submission to federal committee on the subject of the “Canadian Real Estate Market and Home Ownership”; Feb. 1, 2017

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Letter to Minister of Finance: Recommendations and exemptions for new mortgage rules; Oct. 13, 2016

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CRA’s new NOAs Create Fraud Risk; June 2, 2016

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Letter to the REM Editor: Help your clients with mortgage shopping

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Debt Settlement Services advocacy synopsis

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Debt Settlement Services Legislation letter to Gov’t

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FSCO Priorities Feedback

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