RE: Ontario - Temporary Help Agency and Recruiter licensing Application

From
Laszlo Kovacs <laszlo.kovacs@thekey.com>
To
Sean Cygan <scygan@thekey.com>
CC
Belle Chen <bchen@thekey.com>, Sam Naffaa <hcao.accounting@thekey.com>, Ali Malik <ali.malik@thekey.com>, Timothy Thomas <tt@thekey.com>
Date
Wed, 26 Jul 2023 14:40:29 -0500
Folder
INBOX
--000000000000366475060169054d Content-Type: multipart/alternative; boundary="000000000000366474060169054c" --000000000000366474060169054c Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Sean, Thanks for the quick response. I=E2=80=99m still unclear on what service th= ey provide=E2=80=A6is it recruitment services? Also, forgive me for asking, bu= t who is Arya Healthy Living? Are they a subsidiary of TK? Thanks, *From:* Sean Cygan *Sent:* Wednesday, July 26, 2023 2:37 PM *To:* Laszlo Kovacs *Cc:* Belle Chen ; Sam Naffaa ; Ali Malik *Subject:* Re: Ontario - Temporary Help Agency and Recruiter licensing Application Hi Laszlo, This is for an application that I'm doing with Tim Thomas (Ontario - Temporary Help Agency and Recruiter licensing Application) for ARYA HEALTHY LIVING INC. and they are asking for finance information. Happy to get on a call with you. Sean On Wed, Jul 26, 2023 at 12:32=E2=80=AFPM Laszlo Kovacs wrote: I echo Belle=E2=80=99s questions. Who is this vendor, what services are you= using them for and what steps to evaluate risk of doing business with The Key have they gone through to get to this point where they are requiring a LOC? *From:* Belle Chen *Sent:* Wednesday, July 26, 2023 2:01 PM *To:* Sam Naffaa *Cc:* Sean Cygan ; Laszlo Kovacs ; Ali Malik *Subject:* Re: Ontario - Temporary Help Agency and Recruiter licensing Application Hi All, What is this? Can you provide some context? Thanks, Belle On Wed, Jul 26, 2023 at 1:28=E2=80=AFPM Sam Naffaa wrote: Hi Sean, I am adding @Laszlo Kovacs @Belle Chen from the treasury department. Regards, Sam Naffaa, CMA 905.337.1288 *Please note my email has changed:* hcao.accounting@TheKey.com *TheKey.com * [image: Image removed by sender. TheKey] On Wed, Jul 26, 2023 at 1:23=E2=80=AFPM Sean Cygan wrot= e: Hi, I reviewed the website to complete the E-Services Registration and it should be done by fiance. I don't know the answers to the questions. Please let me know if you have any questions. Sean Provide tax compliance verification number obtained from the Ministry of Finance tax compliance verification system. Check your tax compliance status | ontario.ca On Wed, Jul 26, 2023 at 9:57=E2=80=AFAM Sean Cygan wrot= e: Hi Sam, This is the name of the application and instruction. I have attached the template for irrevocable letters of credit. Thank you for your assistance. Licensing for temporary help agencies and recruiters Letter of credit requirements To be acceptable, the letter of credit must: =C2=B7 be made in favour of the Director of Employment Standards, =C2=B7 be issued by a bank in Canada or credit union =C2=B7 be electronic =C2=B7 be in the amount of $25,000 =C2=B7 be irrevocable so it cannot be recalled or repealed =C2=B7 automatically renew when it expires =C2=B7 permit =E2=80=9Cpartial drawings=E2=80=9D without any condit= ions, meaning that the Director of Employment Standards can, for reasons set out in the regulation and in accordance with the 

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