Re: Canada - Ontario Agency License - Applcation
- From
- Sean Cygan <scygan@thekey.com>
- To
- Timothy Thomas <tt@thekey.com>
- CC
- Steve Koyanagi <skoyanagi@thekey.com>
- Date
- Tue, 22 Aug 2023 12:07:11 -0700
- Folder
- INBOX
📎 image.png
Hi Team, I was just following up on this. Do you know when I will receive the letter? Thank You On Wed, Jul 26, 2023 at 7:52 AM Sean Cygan <scygan@thekey.com> wrote: > Thanks > > On Tue, Jul 25, 2023 at 5:21 PM Timothy Thomas <tt@thekey.com> wrote: > >> I am good with using that entity. Its waterloo based. Thanks sean >> >> On Tue, Jul 25, 2023 at 8:05 PM Sean Cygan <scygan@thekey.com> wrote: >> >>> Hi Steve and Tim, >>> >>> Mike wanted me to confirm the entity to make sure we are using the >>> correct one . We put (Arya Healthy Living Inc.) and we also have (Arya >>> Healthy Living Oakville Inc). Both entities will have the same dba/TheKey. >>> >>> He also told me to remove HCA of Ontario and TheKey of Ontario and leave >>> it as TheKey. >>> >>> Sean >>> >>> [image: image.png] >>> >>> On Tue, Jul 25, 2023 at 10:55 AM Sean Cygan <scygan@thekey.com> wrote: >>> >>>> Would that be Ali Malik? >>>> >>>> >>>> On Tue, Jul 25, 2023 at 10:34 AM Steve Koyanagi <skoyanagi@thekey.com> >>>> wrote: >>>> >>>>> Yes; that makes sense to me. Please work with them accordingly. >>>>> >>>>> On Tue, Jul 25, 2023 at 10:25 AM Sean Cygan <scygan@thekey.com> wrote: >>>>> >>>>>> Hi Steve and Tim, >>>>>> >>>>>> Yesterday, when reviewing the application (Security - >>>>>> Irrevocable Letter of Credit) I was asked to reach Frank Stigter >>>>>> regarding the letter. >>>>>> >>>>>> When reviewing the instructions, I think this should be completed by >>>>>> finance and not by our insurance broker. I have also attached the >>>>>> template letter. >>>>>> >>>>>> Your thoughts? >>>>>> >>>>>> Sean >>>>>> >>>>>> >>>>>> >>>>>> Letter of credit requirements >>>>>> >>>>>> To be acceptable, the letter of credit must: >>>>>> >>>>>> - be made in favour of the Director of Employment Standards, >>>>>> - be issued by a bank in Canada or credit union >>>>>> - be electronic >>>>>> - be in the amount of $25,000 >>>>>> - be irrevocable so it cannot be recalled or repealed >>>>>> - automatically renew when it expires >>>>>> - permit “partial drawings” without any conditions, meaning that >>>>>> the Director of Employment Standards can, for reasons set out in the >>>>>> regulation and in accordance with the prescribed processes, demand and >>>>>> receive a payment less than the entire amount specified in the letter of >>>>>> credit >>>>>> - have no other conditions >>>>>> >>>>>> We recommend you use our template for irrevocable letters of credit >>>>>> <https://forms.mgcs.gov.on.ca/en/dataset/on00469> to ensure your >>>>>> letter of credit meets all requirements. >>>>>> >>>>>> On Thu, Jul 13, 2023 at 9:23 AM Sean Cygan <scygan@thekey.com> wrote: >>>>>> >>>>>>> Thank you >>>>>>> >>>>>>> On Thu, Jul 13, 2023 at 9:17 AM Steve Koyanagi <skoyanagi@thekey.com> >>>>>>> wrote: >>>>>>> >>>>>>>> Sure; let's schedule a time next week. Thanks. >>>>>>>> >>>>>>>> On Thu, Jul 13, 2023 at 8:59 AM Sean Cygan <scygan@thekey.com> >>>>>>>> wrote: >>>>>>>> >>>>>>>>> Hi Steve, >>>>>>>>> >>>>>>>>> Tim and I are working on a licensing for temporary help >>>>>>>>> agencies and recruiters application and it has some legal questions that we >>>>>>>>> don't know the answers to. >>>>>>>>> >>>>>>>>> I have attached the questions and was wondering if we can set up a >>>>>>>>> time to meet? >>>>>>>>> >>>>>>>>> Sean >>>>>>>>> >>>>>>>>> -- >>>>>>>>> Sean Cygan >>>>>>>>> Compliance Associate >>>>>>>>> >>>>>>>>> 858-287-3077 >>>>>>>>> 7777 Fay Avenue Ste. 210 >>>>>>>>> <https://www.google.com/maps/search/7777+Fay+Avenue+Ste.+210+La+Jolla,+CA+92037?entry=gmail&source=g> >>>>>>>>> La Jolla, CA 92037 >>>>>>>>> <https://www.google.com/maps/search/7777+Fay+Avenue+Ste.+210+La+Jolla,+CA+92037?entry=gmail&source=g> >>>>>>>>> TheKey.com <https://www.thekey.com/> >>>>>>>>> [image: TheKey] <https://homecareassistance.com/> >>>>>>>>> >>>>>>>> -- >> Tim Thomas >> Head of Canada Division >> *Please note my email has changed:* >> tt@TheKey.com <tt@thekey.com> >> (514) 591-9387 >> TheKey.ca <https://www.thekey.ca/> >> [image: TheKey] <https://www.thekey.com/> >> >