People, partnerships or corporations.

Must hold a legitimate licence as of might 1, 2018 as a loan provider or that loan broker beneath the payday advances Act.

Please review application requirements outlined above.

The Licence and enable Issuing workplace during the East York Civic Centre is closed because of COVID-19. Companies needing licences and/or licenses from the town of Toronto can e-mail mlsapplication@toronto.ca and they’ll be contacted straight by City staff about their applications. Licence application and renewal costs must be compensated online.

Application Fee

Identification Demands

Initial papers needed for all applications (and renewal deals).

Include two bits of government-issued recognition (one must certanly be photo ID):

• Canadian Passport
• Driver’s Licence
• Canadian Birth Certification
• Citizenship Card
• Permanent Resident Card
• SIN Card (Social Insurance Quantity)
• Valid Work License

• First and names that are last match on all recognition.
• We usually do not accept Health Cards.

Company Needs

All candidates must additionally supply the following:

• a company location/address
• a duplicate of provincial company title registration or finalized franchise contract

Corporations also needs to offer:

• a copy of Articles of Incorporation (Note: If there is an alteration to your listing of officers and directors, be sure to additionally provide a current business Profile Report or a Federal Form 6)
• the return that is annual Corporation Form which lists all present directors & officers of this Corporation. This needs to be:
  • initial as copies won’t be accepted
  • finalized by the officer/director for the Corporation. The proper execution can’t be finalized by way of a designate for the Corporation.

In case a manager associated with business is not able to use in individual during the Licence and invite Issuing workplace, a designate may use for the kids. The designate must:

• have actually a initial page advising of the signing authority on business letterhead, finalized by way of a manager associated with firm dated within thirty day period
• offer two bits of identification on their own
• offer two bits of recognition for every single officer and manager associated with the company, or, if initial recognition just isn’t available, notarized photocopies regarding the recognition will be accepted also.

Applicants must definitely provide A criminal that is original record Judicial issues always always Check granted by a Canadian Police Service within 280 times before the application.

A designate applying on the behalf of a organization must provide a Criminal also Record & Judicial Matters search for each officer and manager regarding the Corporation.

Individual Applicants

People using as single proprietors must offer:

• all company locations/addresses
• the address when it comes to office that is main if distinct from other places or where numerous company places are in procedure
• the title, phone number, current email address and mailing address for the single proprietor
• a duplicate of provincial company title registration or finalized franchise contract

Lender or Loan Broker Licence

Evidence of a legitimate licence problems by the Province of Ontario beneath the pay day loans Act, 2008, like the licence number that is applicable.

ML&S shall reject a software for, or perhaps a renewal, for several continuing companies needed to be licenced under this chapter which has:

1. 1. Been convicted whenever you want of the offence that is sexual a small or an individual with a impairment under any one of parts 151 to 153.1 associated with Criminal Code;
   2. Been convicted of any offence that is sexual the Criminal Code within the preceding 10 years;
   3. Been convicted of an offense underneath the Criminal that is following Code in the preceding 5 years:
      1. 84 to 117.15 (Firearms and Other Weapons);
      2. 264.1 to 286.1 (Offences contrary to the Person);
      3. 321 to 378 (Offences Against Rights of Property);
      4. 379 to payday loans MA 462 (Fraudulent Transactions, Wilful and Forbidden Acts of Certain Property, Offences associated with Currency);
      5. 462.3 to 462.5 (profits of criminal activity).
   4. Been convicted whenever you want of an offense beneath the after Criminal Code parts:
      1. 83.01 to 83.33 (Terrorism);
      2. 219 to 248 (Major Offences up against the individual);
      3. 267, 268, 270.01, 272, 273 (Major Assaults or significant intimate Assaults).
   5. Been convicted of a offense underneath the after managed medications and Substances Act parts when you look at the preceding 10 years:
      1. 5 (Trafficking);
      2. 6 ( exporting and importing);
      3. 7 (Manufacturing);
      4. 7.1 (control for usage in manufacturing or trafficking).
   6. Been convicted of any offense under area 4 (control or getting) of this drugs that are controlled Substances Act within the preceding 5 years;
   7. Been convicted of five or maybe more offences under Chapter 545 or 546 of this Toronto Municipal Code within the preceding 36 months;
   8. Any overdue by-law fines, unless the applicant provides evidence that such fines are afterwards compensated.

The licence may be issued or renewed without the matter being referred to the Toronto Licensing Tribunal despite these screening criteria, if a licence has been previously issued or renewed and the applicant’s or licensee’s record discloses no new breach of the screening criteria.