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Police are sounding the alarm on the government’s interest rate cap

The government's plan to reduce the criminal interest rate from 47 per cent to 35 per cent APR will force low-income Canadians to turn to illegal lenders for loans.

Opinion
BY JEFF MCGUIRE
February 22, 2024

Opinion | BY JEFF MCGUIRE | February 22, 2024

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Police are sounding the alarm on the government’s interest rate cap

The government's plan to reduce the criminal interest rate from 47 per cent to 35 per cent APR will force low-income Canadians to turn to illegal lenders for loans.

Sudan’s warring sides and the long-simmering ethnic conflict

Balanced approach needed on right-to-repair bill, protecting IP rights and public safety

Reflections from a new citizen

Public Safety Canada’s dealing with natural and communication infrastructure disasters

As COP29 wraps up, will Canada finally stop funding fossils this fall?

ACORN Canada calls on federal government to support alternatives to predatory loans

Economic justice advocates encouraged by a few big wins in Budget 2023, but renew call for bolder action

Trans Mountain’s next private sector loan likely to be significantly more expensive than last year’s ‘sweetheart deal,’ say observers

Non-prime lending ensures access to credit for eight million Canadians

‘No brainer’: consultations should not delay federal crack down on high-interest loans, say NDP MP, ISG Senator

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Police are sounding the alarm on the government’s interest rate cap

The government's plan to reduce the criminal interest rate from 47 per cent to 35 per cent APR will force low-income Canadians to turn to illegal lenders for loans.

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