CE Requirements
In Canada, various organizations require continuing education (CE) credits. These include the following:
Individuals may require CE credits from multiple organizations. If you face this situation, please use the filtering tool located on our Courses page.
Note: The information provided below is for informational purposes only. To obtain the official requirements, each organization should be contacted directly. In each case, we cite the source of our information and provide a link. Should a link be broken, please advise us by using our Contact Us page.
Designation Holders
QAFP® Designation – Qualified Associate Financial Planner
Each calendar year, QAFP professionals are required to complete 12 hours of verifiable credits. Of these 12 credits, 1 credit must be in the Professional Responsibility category and a minimum of 7 credits must be in the Financial Planning category.
A maximum of 4 credits may be obtained in the General category. The Giving Back subcategory is included in the General category.
The QAFP designation is offered by FP Canada®.
Source: https://www.fpcanada.ca/career/continuing-education/continuing-education-activities
To verify the accreditation of our courses, please click here and type “monkey” into the search field.
CFP® Designation – Certified Financial Planner
Each calendar year, CFP professionals are required to complete 25 hours of verifiable credits. Of these 25 credits, 2 credits must be in the Professional Responsibility category and a minimum of 12 credits must be in the Financial Planning category.
A maximum of 11 credits may be obtained in the General category. The Giving Back subcategory is included in the General category.
The CFP designation is offered by FP Canada.
Source: https://www.fpcanada.ca/career/continuing-education/continuing-education-activities
To verify the accreditation of our courses, please click here and type "monkey" into the search field.
CLU Designation – Chartered Life Underwriter
Each calendar year, CLU holders are required to complete 30 CE credits. Of these 30 credits, a minimum of 15 credits must be accredited by The Institute, and a minimum of 2 credits must be from a recognized ethics program.
Source: https://iafe.ca/faq/
To verify the accreditation of our courses, please click here and select "Monkey Credits Inc." in the dropdown bar.
CHS Designation – Certified Health Insurance Specialist
Each calendar year, CHS holders are required to complete 10 CE credits that relate to insurance. Of this number, a minimum of 1 credit must be from a recognized ethics program.
Holders of both the CLU and CHS designations must complete the CE requirements for the CLU designation (which will also satisfy the CHS designation requirements).
Source: https://iafe.ca/faq/
To verify the accreditation of our courses, please click here and select "Monkey Credits Inc." in the dropdown bar.
PFA Designation – Professional Financial Advisor
Each calendar year, PFA designation holders are required to complete 20 CE credits. Of these 20 credits, a minimum of 10 credits must be accredited by The Institute, and 1 credit must be from a recognized ethics program.
Source: https://iafe.ca/faq/
To verify the accreditation of our courses, please click here and select "Monkey Credits Inc." in the dropdown bar.
PFP Designation – Personal Financial Planner
Each calendar year, PFP designation holders are required to complete a total of 20 hours of CE credits. Of these 20 hours, 15 hours must relate to professional development, and 5 hours must relate to ethics and compliance.
As courses cannot be specifically approved/accredited for PFP designation holders, we recommend consulting the courses and hours posted on the IIROC/CIRO website. CE content must fall within the competencies in the PFP Professional Competency Profile.
The PFP designation is offered by the Canadian Securities Institute (CSI).
Source: https://www.csi.ca/en/credentials/pfp/maintenance/
CIM Designation – Chartered Investment Manager
The CE cycle and CE requirements for CIM designation holders is aligned to that of CIRO.
Every two-year period, designation holders are required to complete 20 professional development hours and 10 compliance hours.
As courses cannot be specifically approved/accredited for CIM designation holders, we recommend consulting the courses and hours posted on the CIRO website.
For CIM holders, the content of CE courses should also fall within the CIM Professional Competency Profile.
The CIM designation is offered by the Canadian Securities Institute (CSI).
Source: https://www.csi.ca/en/credentials/cim/maintenance/
CSI has also published a document entitled “Course Guidelines for Continuing Education (CE) Activities” that provides additional details for CIM designation holders.
Pl. Fin. - Planificateur Financier / Planificatrice Financière
Offered by the Institut de planification financière, designation holders are required to complete a total of 40 PDUs during each two-year cycle. The current cycle runs from December 1, 2023 to November 30, 2025.
The 40 credits must be completed in the following categories:
Integrated personal financial planning (IPFP) - 15 PDUs
Training activities in one or more of the financial planning areas (SFPA) - 15 PDUs
Training activities in subjects pertaining to compliance with standards, ethics, and business conduct (SC) and training activities in subjects pertaining to compliance with standards, ethics, and business conduct related directly to financial planning (SC-FP) - 10 PDUs, of which 5 must be SC-FP (which must be taken directly with the IQPF every second cycle).
Source: hhttps://institutpf.org/en/our-training-courses/requirements-and-regulations
Investment Licensees
CIRO - Canadian Investment Regulatory Organization - IDD Division
This entity was previously known as IIROC.
CIRO registrants are required to complete 30 credits biannually (every second year). These are comprised of 20 credits relating to Professional Development (PD) and 10 credits relating to compliance.
The current two-year cycle ends on December 31, 2025.
For Cycle 10, course approvals can be verified here. Please scroll down to "Accredited Courses (excel)" to verify our approvals. They appear at the bottom of the page (above the grey box).
CIRO has a "one and done" rule, meaning that once a course has been completed for CE credits once, it cannot be counted a second time.
CIRO - Canadian Investment Regulatory Organization - MFD Division
This entity was previously known as the MFDA.
The current cycle begins on December 1, 2023 and ends on November 30, 2025. In each cycle, participants must complete a total of 30 credits which are comprised of 20 Professional Development credits, 8 Business Conduct credits, and 2 MFD Compliance credits.
The 2 MFD Compliance credits are offered directly by CIRO only.
More information can be found here.
Our courses have been submitted to and recognized by CIRO - MFD. Confirmation can be found inside the MFDA CERTS system.
Insurance Licensees
There are no CE requirements for insurance licensees in Canada’s three territories. The provinces are listed alphabetically below.
Alberta
In the province of Alberta, accident and sickness (A&S) and life licensees must complete 15 hours of continuing education (CE) each year (in each category). In Alberta, the CE term begins on July 1 and ends on June 30 annually.
Source: https://www.abcouncil.ab.ca/ongoing-education-requirements/
To verify the accreditation of our courses, please click here and enter "monkey" in the search field.
British Columbia
In the province of British Columbia, accident and sickness (A&S) and life licensees are required to complete 15 hours of CE each year. In British Columbia, the period begins on June 1, and ends on May 31.
Source: https://www.insurancecouncilofbc.com/continuing-education/ce-guidelines/
The accreditation of our courses can be verified here. Please click on the list of accredited individual courses.
Manitoba
In the province of Manitoba, accident and sickness (A&S) and life licensees are required to complete 15 hours of CE credits. In Manitoba, the CE term begins on June 1 and ends on May 31 of each year.
Source: https://www.icm.mb.ca/continuing-education-ce-information38?id=68
To verify the accreditation of our courses, please click here and enter "monkey" in the course provider field.
The ICM has a "one and done" rule, meaning that once a course has been completed for CE credits once, it cannot be counted a second time.
New Brunswick
There are no CE requirements for those licensed to provide insurance in the province of New Brunswick.
Newfoundland and Labrador
There are no CE requirements for those licensed to provide insurance in the province of Newfoundland and Labrador.
Nova Scotia
There are no CE requirements for those licensed to provide insurance in the province of Nova Scotia.
Ontario
In the province of Ontario, accident and sickness (A&S) an life licensees are required to complete 30 hours of CE credits biannially (every second year) from the date the individual became licensed. This means that the due date is different for every licensee.
As courses cannot be specifically approved/accredited for Ontario life insurance licensees, we recommend consulting the courses and hours posted on the website of Advocis (The Institute). This link can be found under the CLU Designation section (higher up on this page).
Source:
Prince Edward Island
There are no CE requirements for those licensed to provide insurance in the province of Prince Edward Island.
Quebec - Chambre de la sécurité financière
In the province of Quebec, continuing education credits are referred to as Professional Development Units (PDUs), or UFCs in French, and is overseen by the Chambre de la sécurité financière (CSF) for those licensed in any of the following four categories:
- Mutual Funds
- Scholarship Plans
- Insurance of Persons
- Group Insurance of Persons
The requirement for each licensee (regardless of their registration category) is to complete 10 PDUs that relate to general subjects, 10 PDUs that relate to compliance, standards, ethics and business conduct, and an additional 10 PDUs in each category of registration.
In addition, the CSF has a mandatory compliance requirement every four years.
One PDU equates to one credit hour.
The current PDU cycle is from December 1, 2023 to November 30, 2025.
We have submitted a number of courses to the CSF and have received appraval for them, but no public listing is available to search these courses. Please consult the filtering tool on our Courses page for a list of eligible courses.
Source: https://www.chambresf.com/en/education/professional-development
Source: https://www.chambresf.com/en/professional-development/professional-development-requirements
Saskatchewan
In the province of Saskatchewan, accident and sickness (A&S) and life licensees are required to complete 15 hours of CE credits during each reporting period. A reporting period is defined as one year and ends the last day of the month in which a licensee obtained their license.
For courses related to financial planning (including securities and mutual funds), a maximum of 5 credits is permitted. A minimum of 10 credits must relate directly to life and/or A&S coverage.
Source: https://www.skcouncil.sk.ca//licensee-resources/continuing-education/life/
Within three years of becoming licensed and then every five years following the initial three-year period, licensees are required to complete 3 credit hours that relate to ethics.
Source: https://www.skcouncil.sk.ca/licensee-resources/ethics/
To verify the accreditation of our courses, please click here and scroll to the section that lists Monkey Credits.
This page was last updated in January 2025.