Know your fees

All payday lender licences expire on October 31.

Read the notification of the 2022-2024 fee change.

Contributions to the Consumer Financial Education Fund

The contribution amounts and administration details of the Consumer Financial Education Fund (CFEF) are defined in the High-Cost Credit Product Regulation. The CFEF contributions are due at the same time as a new licence application or a licence renewal.

  • Head office contribution: $200/year
  • Contribution for each branch location: $200/year
  • For those businesses becoming licensed throughout the year, the CFEF contribution is pro-rated monthly

Prorated CFEF contributions

CFEF contributionNovDecJanFebMarAprMay JunJulAugSep Oct
Principal location$200$183$167$150$133$117$100$83$67$50$33$17
Per branch location$200$183$167$150$133$117$100$83$67$50$33$17

Learn more about the CFEF