News

BC MICS under the New Mortgage Services Act: MIC Exemptions Under BC’s Mortgage Services Act vs. BC Securities Act

Mortgage Investment Corporations (MICs) in British Columbia operate at the intersection of two regulatory regimes: the new Mortgage Services Act (MSA) for mortgage brokering/lending, and the BC Securities Act for ...

by Andrea

• November 28, 2025

Canada Bank Fraud: APP Scams, UK Reimbursement Rules, and What Needs to Change

Elderly victim loses $1.7M in Canada bank fraud. Learn how rising scams expose weak protections—and what banks must do to prevent future losses.

by Samantha Gale

• October 30, 2025November 28, 2025

Canada AML/ATF Rules Update: New Reporting and Verification Rules for MSBs, Title Insurers, Real Estate, and Private ABM Acquirers

Canada’s latest AML/ATF rules are now in force under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA). These regulatory changes strengthen oversight, expand reporting obligations, and introduce ...

by Samantha Gale

• October 29, 2025November 28, 2025

FINTRAC PCMLTFA Requirements for Mortgage Brokers and Lenders: 2024 Compliance Videos and Guide

As of October 11, 2024, Canada’s mortgage sector—administrators, brokers, and lenders—is now covered by the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA).

by Samantha Gale

• October 29, 2025November 28, 2025

GST/HST New Housing Rebate in Canada: How to Prove Primary Residence Intent After Lisi v. The King (2025)

The GST/HST New Housing Rebate can return meaningful dollars on a new-build purchase. The key hurdle is often overlooked: proving you intended to use the property as your primary residence ...

by Samantha Gale

• October 29, 2025November 28, 2025

Personal Mortgage Corporations Soon Permitted in BC

Under BC’s new Mortgage Services Act, mortgage professionals can now use Personal Mortgage Corporations for greater tax efficiency and business flexibility. Learn about licensing requirements and how brokers should prepare ...

by Samantha Gale

• August 21, 2025November 28, 2025

News

Join Our Community!

Stay informed with the latest industry insights. Gain access to distinguished expert speaker webinars and our industry events.

Become a Member

Stay informed with the latest industry insights.
Gain access to distinguished expert speaker webinars and our industry events.