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5.4 Share Sales Procedures

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When selling shares in a childcare centre, there are two primary regulatory bodies you must coordinate with:

  1. The Ministry of Education (MOE)
  2. The Region (Consolidated Municipal Service Manager)

Does your centre have CWELCC funding?

  • Non-CWELCC Centres: You only need to follow the standard MOE procedure.
  • CWELCC Centres: You must follow both the MOE procedure and the specific CWELCC funding requirements for your region.

The MOE Procedure The Ministry of Education has a standardized process for share transfers. You can find a detailed, step-by-step guide on what to do after a deal becomes firm here: Step-by-Step MOE Process Guide

Regional Procedures Unlike the MOE, regional requirements vary drastically depending on where your centre is located. It is vital to check the specific timelines and rules for your municipality.City of Toronto: For centres located in Toronto, refer to the updated 2026 procedures regarding share transfers and timelines here: Toronto CWELCC Share Transfer Procedures (May 2026)

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