Financial and Consumer Affairs Authority of Saskatchewan

FCAA is Saskatchewan’s financial and consumer marketplace regulator.

Trust, Loan or Financing Corporations

  • Trust, Loan and Financing Corporations

    The Trust and Loan Corporations Act, 1997 (the “T&L Act”) provides the legislative framework for the regulation of trust corporations, loan corporations and financing corporations.

    A trust corporation accepts deposits from the public or performs traditional trust functions.

    A loan corporation accepts deposits from the public and lends money to the public, deals in or purchases mortgages on real property, deals in accounts receivable, or has as its primary business the granting of revolving credit. A loan corporation cannot be the trustee to a trust.

    A financing corporation lends money to the public, deals in or purchases mortgages on real property, deals in accounts receivable, or has as its primary business the granting of revolving credit. Financing corporations cannot accept deposits, and cannot be the trustee to a trust.

    Consult the resources below for information on a number of important topics.

    Consumer Credit Division

    Suite 601, 1919 Saskatchewan Drive

    Regina, Saskatchewan S4P 4H2

    Tel: (306)787-6700

    Fax: (306)787-9006

    Email: fid@gov.sk.ca

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