Canadian consumer debt

Many Canadians May No Longer Qualify for Loans Under New Regulations, Lenders Warn

Canadians are being warned that they may no longer qualify for future loans from regulated lenders due to new government restrictions that cap interest rate charges at 35 percent. The ...

January 17, 2024BY Chandra Philip
Finance Minister Proposes 60 Percent Interest Rate Remain for Pawn Loans

Finance Minister Chrystia Freeland has proposed that pawnbrokers be allowed to continue to charge 60 percent interest on ...

January 3, 2024BY Chandra Philip
Canadians Racking up Debt, but Keep Paying It Off

TORONTO—Canadians continue to pile on debt and now collectively owe more than $1.5 trillion, according to the latest ...

December 3, 2014BY The Canadian Press

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