Financial and Consumer Affairs Authority of Saskatchewan

FCAA is Saskatchewan’s financial and consumer marketplace regulator.

Apply for a licence

  • Apply for licence

    If you are seeking a licence as a trust, loan, or financing corporation, you must:

    • submit a completed application form, indicating which licence you are seeking;
    • provide all of the supporting materials described in the licensing kit;
    • remit the $1000 application fee;
    • remit the pro-rated first year licence fee (note: this fee will be refunded if your application is refused). The licence fee is based on the size of the applicant, and the number of months in the first calendar year it will be licensed.
       

    Annual fees for the 2015 licence year and subsequent years are increased for larger corporations; the amount payable is also based on licensing category:

    • total assets less than $10 million: $166.67 per month ($2,000 for the year); or
    • total assets greater than $10 million and applicant to be licensed as a:
      • financing corporation: $708.33 per month ($8,500 for the year); or
      • trust or loan corporation: $833.33 per month ($10,000 for the year)

    Any overpayment of the first year licence fee will be refunded based on the number of months remaining in the year when the licence is issued.

    Saskatchewan incorporated entities seeking a trust licence or a loan licence must contact the office of the Superintendent of Financial Institutions to discuss additional requirements.

    Superintendent of Financial Institutions
    Consumer Credit Division
    Financial and Consumer Affairs Authority
    Suite 601, 1919 Saskatchewan Drive
    Regina, Saskatchewan S4P 4H2
    Phone: (306) 787-6700
    Fax: (306) 787-9006
    Email: fid@gov.sk.ca

    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

Agree Term