Canada    FinTech Guide    Chapter 12    Canada


12. Online-Pawning
Canada  Canada

Pawning services are regulated on a Provincial basis so offering services on a nationwide basis may be difficult.



Legal Affairs


Any pawning service in Canada, whether on line or physical, is subject to provincial regulations which vary from province to province.



Economic Conditions


The potential market is likely large but likely due to regulatory constraints (as set out above) there has not been a significant level of activity in this section to-date.



Contributing Authors

Miller Thomson LLP

Nora F. Osbaldeston
Toronto, Canada


Shibley Righton LLP

William L Northcote
Toronto, Canada

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Chapter Index:


1. Payment Services / Mobile Payment

2. Asset and Portfolio Management

3. Consulting and Broking Services / Robo-advisory / Auto-trading

4. Trading Platforms / Social Trading Platforms / Signal Following

5. Crowdfunding / Crowdinvesting / Crowdlending

6. Virtual Currency - Bitcoin

7. Loan Services / Factoring / Loan Broking / Finetrading

8. Online Banking Services

9. Analytics and Research / Data Management / Risk Management

10. Accounting

11. Identification

12. Online-pawning

13. InsurTech

14. RegTech

15. Initial Coin Offerings (ICOs)

Disclaimer:
The information in this guide provides a general overview at the time of publication and is not intended to be a comprehensive review of all legal developments nor should it be taken as opinion or legal advice on the matters covered. It is for general information purposes only and readers should take legal advice from a Multilaw member firm.

Publication Date: 1 May 2018