Adjustment Notice – 2019

Pursuant to section 8 of the Regulation respecting fees and tariffs payable under the Money-Services Businesses ActThis link will open in a new window, E-12.000001, r. 2, made under the Money-Services Businesses ActThis link will open in a new window, E-12.000001 (the “MSBA"), annual and other fees payable will be adjusted as of January 1, 2019 in accordance with the rate of increase of the general consumer price index (CPI) for Canada for the period ending on September 30, 2018, namely, 2.2%.

List of annual and other fees payable

Division I: Fees payable

Description

2019

Licence application - Currency exchange (sec. 1 This link will open in a new window par. 1)

$664

Licence application - Funds transfer (sec. 1 This link will open in a new window par. 2)

$664

Licence application - Issue or redemption of traveller's cheques, money orders or bank drafts (sec. 1 This link will open in a new window par. 3)

$664

Licence application - Cheque cashing (sec. 1 This link will open in a new window par. 4)

$664

Licence application - Operation of each automated teller machine (sec. 1 This link will open in a new window par. 5)

$221

Licence application for each person covered by the security clearance report issued under section 8 of the Money-Services Businesses Act (sec. 2 This link will open in a new window)

$124

Division II: Tariffs payable

Description

2019

Issue of a new security clearance report for each person or entity referred to in section 27 of the Act (sec. 4 This link will open in a new window)

$124

Preparation of an inspection, the inspection itself and the follow-up on the recommendations, per hour per inspector (sec. 5 This link will open in a new window par. 1)

$95

Investigation pursuant to section 56 of the Act, per hour per investigator (sec. 6 This link will open in a new window)

$95