Campaigning for New Standards for Pay Day Lending in British Columbia

ACORN ACORN International Canada Citizen Wealth Financial Justice

Vancouver     The first national campaign for ACORN Canada a decade ago had been to reform the payday lending industry.  The federal government sidestepped the issue by pushing the primary responsibility for regulation to each individual province. In Quebec, the provincial parliament set a cap on payday lending annual industry rates at 30%, so the industry …

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