This e-mail requires your action.
RE is Mandatory for Licence Renewal
As a licensed broker or agent, which includes principal brokers, you must complete the approved RE course to renew your licence effective March 31, 2012.
You will not be able to renew your 2012 licence unless you complete this course. Without a valid licence, you cannot deal or trade in mortgages.
The RE Course
The MB Re-licensing Education 2012 course is the Superintendent-approved mandatory RE for licence renewal in 2012. It focuses on complying with the Mortgage Brokerages, Lenders and Administrators Act, 2006 and regulations. The course will take no longer than 5 hours to complete.
The course is available in class and through the Internet. You can register for the course by contacting any of the following providers approved by the Superintendent of Financial Services, FSCO:
Note to Principal Brokers
Principal brokers are responsible for ensuring that brokers and agents in their brokerage complete the MB Re-licensing Education 2012 course as a pre-condition of their 2012 licence renewal. You should inform brokers and agents of this requirement and tell them to register now to take the course. Follow up with reminders before the licence renewal period begins February 1, 2012. Brokerages with low levels of compliance with the law may be subject to further review by FSCO.