Dominion Lending Centres Inc. Receives Notice of Inquiry Discontinuance from Competition Bureau
June 20 2024 - 5:59PM
Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the
“Corporation”) has received a Notice of Inquiry Discontinuance from
the Competition Bureau. In May 2023, the Corporation received a
court order to produce certain documents, records and data in
connection with an inquiry by the Competition Bureau.
The Notice of Inquiry Discontinuance dated June
20, 2024 states: “the Commissioner of Competition (the
“Commissioner”) has discontinued the inquiry he caused to be
commenced under Part VIII of the Act concerning allegations of
anti-competitive conduct by Dominion Lending Centres Inc., Mortgage
Centre Canada Inc., Mortgage Architects Inc., and Newton
Connectivity Systems Inc., collectively Dominion Lending Centres
Group of Companies (“DLCG”).”
Gary Mauris, Chairman and Chief Executive
Officer, commented: “We are dedicated to regulatory compliance in
all aspects of our business and are pleased the inquiry has been
discontinued. I’d like to thank our management team for their
extensive work in responding to the Bureau’s
inquiry.”
About Dominion Lending Centres
Inc.
Dominion Lending Centres Inc. is Canada’s
leading network of mortgage professionals. DLCG operates through
Dominion Lending Centres Inc. and its three main subsidiaries, MCC
Mortgage Centre Canada Inc., MA Mortgage Architects Inc. and Newton
Connectivity Systems Inc., and has operations across Canada. DLCG
extensive network includes over 8,000 agents and over 520
locations. Headquartered in British Columbia, DLC was founded in
2006 by Gary Mauris and Chris Kayat.
DLCG can be found on Twitter, Facebook and
Instagram and LinkedIn @DLCGmortgage and on the web at
www.dlcg.ca.
Contact information for the Corporation is as
follows:
Eddy CocciolloPresident647-403-7320eddy@dlc.ca |
James BellEVP, Corporate and Chief Legal
Officer403-560-0821jbell@dlcg.ca |
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