Canadian lending companies want grassroots help to oppose legislation that would reduce predatory loans

And eight other insights from the IJF's lobbying newsletter

4 Jan 2024 • 6 min read

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People walk past a payday loan store in Oshawa, Ont. Lenders in Canada are lobbying to oppose federal draft legislation that would reduce the maximum allowable interest rate for loans. (The Canadian Press/Doug Ives)

Carly Penrose

Carly is a Toronto-based journalist. She holds a master of journalism from Toronto Metropolitan University. Her work has appeared in the National Post, This Magazine and The Canadian Press.

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A beluga whale surfaces from a tank to be fed by an employee at Marineland amusement park in Niagara Falls, Ont., on June 9, 2023

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Canadian lending companies want grassroots help to oppose legislation that would reduce predatory loans

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