Key takeaways
- →Quebec mortgage brokers work on a 24-month reference period for professional development — the current cycle runs May 1, 2026 to April 30, 2028.
- →A mortgage broker must accumulate 24 Professional Development Units (PDUs) per reference period, including 3 PDUs specifically in compliance, ethics, or professional practice.
- →A broker who has also served as a Responsible Officer in Mortgage Brokerage (RO-MB) needs 6 additional PDUs on top of the 24, for a total of 30.
- →Firms, independent representatives, and independent partnerships must hold professional liability insurance issued for at least 12 months; proof is submitted to the AMF only when requested.
The AMF doesn't leave continuing education to interpretation — it sets a fixed reference period, a fixed hour count, and a fixed subject-matter carve-out within that count, all published in its own PDU record system. Missing the deadline has a direct consequence: suspension of the right to practise.
Alongside that sits a second recurring obligation that gets less attention: professional liability insurance, which the AMF requires of firms, independent representatives, and independent partnerships. Here's both, in the regulator's own terms.
01 · How often must Quebec mortgage brokers complete continuing education?
On a fixed 24-month reference period set by the AMF. The current period runs May 1, 2026 to April 30, 2028; the next runs May 1, 2028 to April 30, 2030. These dates apply to every mortgage broker maintaining a right to practise, not just newly certified ones.
A broker who obtains a certificate for the first time partway through a reference period gets a 12-month exemption from the date of issuance, with the required PDU count for the remainder of that period based on the number of full months left.
02 · How many PDUs are required, and what do they need to cover?
A mortgage broker must accumulate 24 PDUs during each two-year reference period — one PDU equals one hour of AMF-recognized training — including at least 3 PDUs in compliance with standards, ethics and professional conduct, or professional practice. The remaining hours can come from general subjects like market developments, mortgage products, or fraud prevention.
| Role | General PDUs | Required PDUs | Total PDUs |
|---|---|---|---|
| Mortgage broker | 21 | 3 | 24 |
| Responsible Officer in Mortgage Brokerage (RO-MB) | 21 | 3 + 6 role-specific | 30 |
Surplus hours carry forward in a limited way: up to 6 excess PDUs roll into the next period as general-subject hours, but the 3 required compliance/ethics/practice PDUs never carry over — they must be earned fresh each period.
Compliance shouldn't compete with client work
Keep the paperwork off your plate.
While you track PDUs and insurance renewals, Treadstone's fulfillment associates keep your files moving. Book a free call to see how Quebec brokers use the support.
03 · Do Quebec mortgage brokers need professional liability insurance?
Yes — firms, independent representatives, and independent partnerships must hold professional liability insurance under AMF rules. The policy must be issued for a period of at least 12 months, and proof of coverage is submitted to the AMF only when the regulator specifically requests it — it isn't filed automatically on a fixed schedule.
For an overview of how this obligation compares with other provinces, see errors & omissions insurance for mortgage professionals across Canada.
04 · What happens if a broker doesn't meet the PDU requirement?
The AMF states plainly that representatives who don't comply may have their right to practise suspended in the sector for which they're non-compliant. Missing PDUs from a previous period don't disappear either — they're added on top of the requirement for the current period.
Keeping a running PDU record in AMF E-Services well before a reference period ends is the simplest way to avoid a late scramble — particularly for brokers who also carry the additional RO-MB requirement.
Frequently asked questions
This article is general information to help you scale — not a substitute for tailored advice on your specific business, licensing, or compliance obligations. All figures are illustrative examples for planning purposes; actual costs vary by province, market, and brokerage.