Update On Ontario Restricted Transfer Times

The volume of P2P transfer approvals is just average so for this week. You are giving them to much credit. I don't think they have been putting any extra effort into P2P approvals. They did not work any overtime on the weekend on P2P but they did on B2P. I don't think there were as many P2P transfers initiated at the end of July and the first two weeks of August with buyers and sellers on vacation.

I thought p2p was 6-8 weeks behind b2p. Now they’ve surpassed. B2P has been stagnating for past month.

Not giving them credit lmao, just highlighting that if they want, they are fully capable of doing transfers faster.
 
Private to private transfers were approximately 3-4 weeks behind business to private transfers leading up to the Christmas holidays. Since the return at the beginning of the New Year they’ve made catching up on these a priority. And as seen today, they’ve surpassed business transfers. They must have made some changes to the number of people processing private vs business. As a result the approval rate of business transfers has slowed.
 
Here is an up to date drive sheet. https://docs.google.com/spreadsheet...ouid=113418151620764170034&rtpof=true&sd=true
This one I kept as an Excel spreadsheet so it is easier for me to update.

1. Average the number of days it took for each P2P transfer over the last 7 days.
2. Count out that number of days from the day your transfer was initiated.

You don’t need to reference any other spreadsheets or worry about the transfer numbers.
You’ll have a more accurate real time guesstimate.
 
Great progress on transfers today! My next one should be up in a couple of weeks.

Yes! Not sure if because they were playing catch up with the private transfers, business transfers slowed, but now that they’ve caught up with the private more of the load can be allotted back to the business transfers?
 
P2P Ont 60017XX initiated Aug 18, approved today 3:23PM, 162 days later.

I wasn't expecting this yet. They must be putting extra resources into P2P. Time now to bring B2P back in line.

I have one more P2P to go but that will be a while because it was a mid September buy.
 
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