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Public Notice: Cash Advance Establishment Licensing Review

Tuesday, September 8th, 2020

Public Notice: Cash Advance Establishment Licensing Review

Venture Overview

Due to modifications to your Ontario pay day loans Act, 2008, plus the Municipal Act, 2001, City Council directed staff within the crisis and Protective Services department to assess the potency of a licensing that is municipal for cash advance establishments, after an initial planning and zoning review conducted by the Planning, Infrastructure and Economic developing division to deal with the expansion and clustering of those establishments (see reference below). This overview describes the range regarding the certification review and offers here is how residents, regional companies, and community businesses can add feedback to greatly help notify policy choices.


A quick payday loan is a short-term, little value loan in return for the next payment, typically become paid back because of the borrower’s next pay cheque.

The mortgage is unsecured, does not have any guarantee or protection on any home, and will not consist of a margin loan, pawnbroking, a relative credit line, or credit cards. Loan providers (pay day loan establishments) needs to be certified by the Province of Ontario and they are susceptible to the conditions associated with payday advances Act, 2008.

Considering the fact that the functional needs of cash advance establishments are both addressed by and controlled by the Province of Ontario through a unique certification system, the main focus with this municipal-level certification review is to ascertain whether municipal licensing is essential of these organizations so that you can help possible brand brand new land-use preparation and zoning demands. Informative data on the proposed planning and zoning rules for pay day loan establishments are located in the pay day loan Establishment Minor Zoning research.


Possible elements for addition when you look at the municipal certification regime include:

  • Requiring pay day loan loan providers to acquire a municipal company permit so that you can run within the City of Ottawa;
  • Requiring loan that is payday to give you evidence of a legitimate provincial pay day loans licence beneath the payday advances Act, 2008;
  • Outlining techniques to establish conformity with proposed zoning and preparation laws, or appropriate non-conforming legal rights, both for current and brand new establishments;
  • Requiring loan that is payday to comply with applicable City by-laws ( ag e.g. (more…)