Preet Gill

Preet Gill

Bennett Jones LLP

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Lower Criminal Interest Rate Now in Effect

As detailed in our prior blog the Government of Canada proposed amendments to lower the criminal interest rate to an annual percentage rate (APR) of 35 percent (the prior criminal interest rate, being an effective rate of 60...more

1/10/2025  /  Canada , Compliance , Consumer Financial Products , Consumer Lenders , Consumer Protection Laws , Enforcement Actions , Financial Institutions , Financial Services Industry , Interest Rates , Loans
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