Description
Requires the Minister to work with financial institutions and community advocacy groups to promote and report on development and implementation of short term lending alternatives to payday loans. The Act will allow the Lieutenant Governor in Council, acting on the Minister’s advice, to further reduce the maximum cost of borrowing to an annualized 60 per cent when they are satisfied that these alternative products are available and there are sufficient numbers of individuals using these alternatives to payday loans.
Updated
December 31, 2023
Tags
Resources
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An Act to End Predatory Lending
Downloads: 41
Title and publication information
Type
Frequency
Once
Publisher / Creator Information
Subject Information
Topic
Resource Dates
Date Created
2023-12-31
Date Added
2017-02-01T20:55:28.703267
Date Modified
2023-12-31
Date Issued
2023-12-31
Audience information
Language
Identifiers
ISBN (print)
9780779845620
Usage / Licence
Contact
Contact Name
Alberta King's Printer
Contact Email
Contact Other
780-427-4952