HomeMy WebLinkAboutPayday Loan EstablishmentLICENSING & REGULATION OF BUSINESSES
SCHEDULE 17.1
PAYDAY LOAN ESTABLISHMENTS
1. In addition to the licensing requirements set out in Article 4 of this Chapter, an
Applicant for a Payday Loan Establishment Licence shall supply the following:
a) Planning Approval;
b) Police Record Check;
c) Proof of current and valid licence as a lender or loan broker under the
Payday Loans Act, 2008; and
d) Proof of Insurance.
2. Every Payday Loan Establishment Operator shall have a separate Licence for
each Payday Loan Establishment location.
3. No more than ten (10) Payday Loan Establishment Licences shall be issued in
the city of Kitchener.
4. Nor more than two (2) Payday Loan Establishment Licences shall be issued in
any one ward of the city of Kitchener.
5. No new Licence shall be issued for Payday Loan Establishment if the proposed
location is:
a) located within 150 metres of another Licensed Payday Loan
Establishment;
b) Located within 150 metres of any Gaming Establishment; or
c) Located within 150 metres of any addiction or gambling counselling
service.
6. Despite sections 3, 4, and 5 of this Schedule, any Payday Loan Establishment
existing on June 24, 2019 may continue to operate in the same location provide:
a) The Operator had a current and valid Permanent Vendor Licence or Old
Gold Licence for the Payday Loan Establishment on June 24, 2019;
b) The Operator obtains a Payday Loan Establishment Licence by March 31,
2020;
c) The Business is operated continuously as a Payday Loan Establishment;
LICENSING & REGULATION OF BUSINESSES
d) The Business is, at all times, operated in compliance with this Chapter and
all applicable municipal, provincial, and federal laws; and
e) The Payday Loan Establishment Licence is renewed annually as required
by this Chapter.
7. The Payday Loan Establishments existing on December 1, 2020 are at the
following locations:
a) 500 Fairway Road South;
b) 324 Highland Road West
c) 370 Highland Road West;
d) 465 Highland Road West;
e) 525 Highland Road West;
f) 625 King Street East;
g) 1253 King Street East;
h) 4396 King Street East;
i) 78 King Street West
j) 648 King Street West;
k) 670 King Street West;
l) 3101 Kingsway Drive;
m) 725 Ottawa Street South;
n) 12 Water Street North;