Mortgage Broker Licence: Moving from Ontario to Saskatchewan
The short answer
Direct transfer
An individual licensed in another Canadian jurisdiction with a substantially equivalent authorization is exempt from the Canadian residency requirement and the mortgage broker education and experience requirements. Source
“An individual is exempt from the Canadian residency requirement and the mortgage broker education and experience requirements if they hold an authorization that is substantially equivalent to the Saskatchewan licence:”
fcaa.gov.sk.ca/regulated-businesses-persons/persons/mortgage-brokers
Both provinces
| Licensed in Ontario | Moving to Saskatchewan | |
|---|---|---|
| Licence status | Licence required | Licence required |
| Regulator | Financial Services Regulatory Authority of Ontario | Financial and Consumer Affairs Authority |
| Guide | Mortgage broker in Ontario | Mortgage broker in Saskatchewan |
Steps to transfer
Not stated by the regulator Check with Financial and Consumer Affairs Authority
Processing time: Not stated by the regulator Check with Financial and Consumer Affairs Authority
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