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Low-Income Canadians Face 'Abusive' Lending Rates Even In Pandemic


ACORN/Supplied
Donna Borden, an ACORN member, advocates for stricter regulations of lenders selling high interest instalment and payday loans.
A single mother working the front desks at both a hospital and a nursing home, Donna Borden watched her debts grow.
On top of Toronto’s cost of living, Borden was juggling bills left behind when her mother died, plus helping her son buy university textbooks.
“I was trying to keep a roof over our heads,” Borden told HuffPost Canada.
Her bank refused to consolidate her debts and recommended she use the lender Fairstone Financial, then called CitiFinancial, Borden said. She took out an instalment loan in 2008 $10,000 to be paid back over five years with about 40 per cent interest. ....

Peter Harder , Donna Borden , Rene Cormier , Pierrette Ringuette , Adrian Wyld , Association Of Community Organizations For Reform Now , Fairstone Financial , Fiona Story , Community Organizations , Reform Now , Easy Financial , பீட்டர் கடினமானது , டோனா பார்த்தேன் , ரெனே கார்மிர் , பிரிரெட்டே ரிங்கூட் , சங்கம் ஆஃப் சமூக ஆர்கநைஸேஶந்ஸ் க்கு சீர்திருத்தம் இப்போது , பியோனா கதை , சமூக ஆர்கநைஸேஶந்ஸ் , சீர்திருத்தம் இப்போது , சுலபம் நிதி ,

'Canadians deserve better': Experts decry 'outrageous' interest rates by alternative lenders


Posted: Jan 30, 2021 4:00 AM ET | Last Updated: January 30
A Marketplace hidden camera investigation looked into popular alternative lenders and found they re charging up to 46.96 per cent interest in an era when the cost of borrowing is at historic lows. (CBC)
A senator and a prominent mortgage industry executive are calling on the federal government to crack down on lenders who charge sky-high interest rates to Canadians desperate for cash, after a
Marketplace hidden camera investigation found questionable business practices among a number of alternative financial institutions. 
The investigation into CashMoney, Easyfinancial, Fairstone Financial and Money Mart reveals confusing and misleading representations, and a lack of transparency and documentation.  ....

Chrystia Freeland , Pierrette Ringuette , Theresa Morton , Alex Haditaghi , Melissa Soper , Global Corp , Goeasy Ltd , Fairstone Financial , Money Mart , Radius Financial , Criminal Code , Federal Finance Minister Chrystia Freeland , பிரிரெட்டே ரிங்கூட் , தெரேசா மோர்டன் , மெலிசா ஸோபர் , உலகளாவிய கார்ப் , பணம் மார்ட் , ஆரம் நிதி , குற்றவாளி குறியீடு ,

In Committee from the Senate of Canada: Implementing a Secret Ballot Vote for Speaker Pro Tempore


Selection Committee – January 25, 2021:
Senators debate whether to implement a secret ballot system to fill the speaker pro tempore position for the remainder of the parliamentary session.
On December 9, 2020, the committee nominated Pierrette Ringuette as the interim Senate Speaker Pro Tempore, the acting speaker whenever the speaker is unable to oversee a sitting of the Senate. Senator Ringuette’s nomination has yet to be confirmed through a vote via secret ballot in the Senate. ....

Pierrette Ringuette , Senate Speaker Pro Tempore , Selection Committee , Secret Ballot Vote , Speaker Pro , Senator Ringuette , பிரிரெட்டே ரிங்கூட் , தேர்வு குழு , ரகசியம் வாக்குச்சீட்டு வாக்களியுங்கள் , பேச்சாளர் ப்ரொ , செனட்டர் ரிங்கூட் ,