Transaction Fee Reporting Obligations: Key Takeaways After Month One 

With the new transaction fee reporting process now in effect, OMVIC is sharing tips and reminders to minimize impact to a successful renewal.

Key Reminders

To successfully renew, dealers must complete the new transaction register and submit with their dealer renewal application.

• Dealers must provide all required information for the preceding year. Submitting partial or incomplete information is considered non-compliant and will prevent renewals from being processed.
• Reports must be submitted using the Transaction Fee Register and uploaded through the dealer portal. Other formats, such as photos of garage registers or similar reports, will not be accepted.

Non-Compliance 

OMVIC monitors submissions and tracks the progress of this program. Dealers who fail to meet reporting requirements may be considered non-compliant with renewal obligations and could face administrative action. 

Resources Available 

To support dealers in adopting this new process, a detailed step-by-step tutorial is now available on OMVIC’s YouTube channel. This tutorial provides a comprehensive guide on accessing, completing, and submitting the Transaction Fee Register through the dealer portal. 

Review the transaction fee webinar to ensure compliance with the new reporting process. 

For questions or assistance, please contact the Registration Department at [email protected] or call 1-800-943-6002, extension 2.