Low income renters in Toronto say the system of farming out metering to other companies is unfair. As Sean O’Shea reports, they say they have no idea how much they’re supposed to be paying for electricity.
Fair Fees - Frais équitable
The provincial government has announced a reduction in the amount payday loan companies can charge for lending.
The provincial government announced it is reducing the allowable interest rate for payday loans but critics say it's not enough.
Les prêts à tempérament - une forme de crédit à la consommation - sont souvent offerts à même les magasins.
On Tuesday September 6, 2016, ACORN Canada members in Ottawa, Toronto, and Vancouver organized a coordinated Day of Action to demand that major Canadian financial institutions and investment companies stop investing and directing investment into high interest, predatory companies like easyfinancial and easyhome; and end banking practices that generate profits off of Canada's lowest-income families.
Nouvelles réglementation industrie prêt sur salaire
New legislation in Alberta caps the interest payday loan companies can charge.
Act to End Predatory Lending came into force this month
Whether it's sending remittances to family, or returning home to work after schooling abroad, newcomers often feel the pull to give back.
ACORN members turned out to rally for better regulations on predatory lenders.