Canada s Plan To Cap Top Lending Rates Could Spur Criminal...: Revision history

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    28 April 2024

    • curprev 04:3704:37, 28 April 2024CleoZ65503948032 talk contribs 3,025 bytes +3,025 Created page with "By Nivedita Balu<br><br>TORONTO, Feb 5 (Reuters) - Canada's plan to cut the maximum lending rate for regulated institutions could give illicit financiers an opportunity to step in and serve distressed customers, leading to a rise in criminal activity, a study released on Monday showed.<br><br>Finance Minister Chrystia Freeland in the 2023 Federal budget laid out plans to amend the Criminal Code to cap the top annual consumer lending rate for all regulated financial insti..."