CWELCC Share Transfer in Toronto: New Procedures and Timelines (May 2026)
If you are buying or selling a licensed daycare centre within the City of Toronto that participates in the Canada-Wide Early Learning and Child Care (CWELCC) program, recent procedural changes at Toronto Children’s Services (TCS) will significantly impact your transaction timeline and cash flow requirements.
The City of Toronto will not begin its formal review of a new purchaser until the transaction is fully closed. This means the following must be completed before the City assesses if the CWELCC agreement can continue.
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