Edmonton Journal – The demise of some longtime business models often inspires wistful nostalgia — department stores, the milkman and movie-rental places. But few tears are being shed for [...]
CBC News – Number of lenders in Calgary fell by 22% last year. The payday loan industry is shrinking in Alberta after the province cracked down on the businesses often accused of predatory [...]
Edmonton Journal – Payday loan licences have dropped by more than one-quarter since the NDP government enacted stricter rules for lenders in 2016 and more brick-and-mortar stores could be [...]
Hamilton City Hall doesn’t get enough credit for the work it has done and continues to do to protect and support vulnerable people and neighbourhoods. Read the full article here
The Spec – A new radial separation rule would limit such businesses to one per ward. The city is drafting a new bylaw that would cap the number of payday loan outlets in Hamilton at 15, and [...]
Jan. 9, 2018 – Sask. mother wants payday loan reform after son borrowed tens of thousands to fund addiction
A Regina mother is cautioning against payday loans after watching her son rack up thousands of dollars in debt to support a cocaine and crystal meth addiction. Read the full article here
The city of Hamilton is drafting a new law that would cap the number of payday loan places at 15. Read the full article here
The Ontario government has lowered the cost of borrowing from payday lenders and has given municipalities more control over where lenders can set up shop. Read the full article here.
Jan. 5, 2018 – New legislation governing the payday-loan industry in New Brunswick came into effect Jan. 1.
New legislation governing the payday-loan industry in New Brunswick came into effect Jan. 1. While he welcomed new provincial legislation that kicked in this week governing payday lenders, an [...]