The Financial Services Regulatory Authority of Ontario (FSRA) has implemented a new labour mobility licensing process that, from 1 January 2026, provides eligible financial services professionals licensed in other Canadian jurisdictions with an “express lane” to work in Ontario while their Ontario licence application is processed. Under the new “as of right” approach, out-of-province applicants can be deemed certified and begin working once FSRA confirms receipt of a complete application with required documents. The process introduces defined timelines for regulators to respond to and approve applications, gives applicants six months to complete full licensing requirements, and includes penalties for false representations made to access “as of right” privileges. Applicants who do not meet the criteria will continue to use the standard out-of-province licensing process, and the change applies across FSRA-licensed sectors including mortgage brokering, insurance agents (life and health, and property and casualty), insurance adjusters, and health service providers.
Financial Services Regulatory Authority of Ontario 2025-12-31
Financial Services Regulatory Authority of Ontario implements labour mobility express-lane licensing for holders of equivalent Canadian licences
The Financial Services Regulatory Authority of Ontario will implement a new labour mobility licensing process on 1 January 2026, enabling eligible financial services professionals from other Canadian jurisdictions to receive expedited work authorization in Ontario. This "as of right" approach allows applicants to start working upon FSRA's receipt of a complete application, with set timelines for regulatory response and penalties for false representations. The change affects sectors such as mortgage brokering, insurance agents, insurance adjusters, and health service providers.