Business Licences In Two Days, Guaranteed

Archived Release

Business Licences In Two Days, Guaranteed

Ministry of Consumer Services

New On-Line Service Guarantee Means More Time For Business, Less Time On Government Forms TORONTO, Feb. 2 - The Ontario government is implementing a two-day money-back guarantee for companies and individuals that apply for a Master Business Licence (MBL) through ServiceOntario, announced Government Services Minister Gerry Phillips today. "This is the fourth money-back guarantee the McGuinty government has launched since November 2005," said Phillips. "Businesses have told us that to compete in the global economy, they need our help to spend less time filling out forms and waiting for licences, and we listened." "This is a great initiative which will assist us to improve business environment and service delivery thus allowing small business to focus on what they do best - creating jobs and prosperity for the people of Ontario," said Small Business and Entrepreneurship Minister Harinder Takhar. An MBL allows a company to do business in Ontario. It is also needed to open a business bank account with financial institutions. The licence includes information such as the company's name, address and identification number. When an application is accurately completed online at www.serviceontario.ca, applicants will be sent an electronic version of their licence within two business days or it's free. "The government is committed to a robust and dynamic economy to support our standard of living, which is second to none," said Phillips. "Businesses in Ontario need to be more efficient to compete on the world stage, and this is our latest effort to help them do that." This is the latest example of how the McGuinty government is working to help Ontario businesses grow and prosper. Other initiatives include: - Passing the Securities Transfer Act to create a modern legal framework for the transfer of securities and harmonize Ontario's laws with the United States. - Passing the Consumer Protection and Service Modernization Act to help create a more responsive business environment for Ontario corporations. - Launching programs such as BizPal, an online pilot project that helps businesses save several weeks of time applying and waiting for documentation. It is currently offered in conjunction with the Government of Canada, Region of Halton and City of Ottawa, with plans to expand the program across Ontario. Contact Info This is the fourth money-back service guarantee launched by the McGuinty government. The government previously announced the implementation of 15-business-day service guarantees for birth, marriage, and death certificates. For more information, visit www.serviceontario.ca. Disponible en français www.serviceontario.ca For further information: Paul DeZara, Minister's Office, (416) 327-3072 - office, (647) 388-9671 - cell; Sam Colalillo, Ministry of Government Services, (416) 327-2812 HELP | CONTACT US | PRIVACY | IMPORTANT NOTICES © Queen's Printer for Ontario, 2008-2009 — Last Modified: February 15, 2009 For further information: Paul DeZara, Minister's Office, (416) 327-3072 - office, (647) 388-9671 - cell; Sam Colalillo, Ministry of Government Services, (416) 327-2812