The Federal Government is planning to lower the criminal interest rate to 35%. This will impact private and alternative lenders, particularly lenders that provide loans on short terms, for example, ...

CAPL has been advised that the Federal Government has tabled Notice of a Ways and Means Motion for Budget 2023 in the House of Commons. Division 34 of Part 4 introduces ...

Federal AML rules – As many now know, the federal government has now published new amending regulations to federal anti-money laundering legislation (the Proceeds of Crime (Money Laundering) and Terrorist ...

The federal government has now published new amending regulations to federal anti-money laundering legislation (the Proceeds of Crime (Money Laundering) and Terrorist Financing Act – PCMLTFA) along with draft regulations to establish ...

Re: CAPL Successful in Removing Lenders from Foreign Buyers’ Ban The Federal Government has now published regulations under the Prohibition on the Purchase of Residential Property by Non-Canadians Act, following a ...

The implementation of the new home buyers’ rescission period in British Columbia has been changed from January 1 to January 3, 2023 New implementation date of BC’s property rescission period

FSRA has published a report identifying the need to consider open banking and technological innovation in future regulation. DOWNLOAD REPORT >>

For persons in British Columbia entering into a residential real estate transaction, here is the guidance on the new home buyer’s rescission period. Home Buyer Rescission Period Consumer Guide

Newfoundland is now the 5th province to regulate high cost credit lenders. Consumer Protection and Business Practices Act Amendments Designed to Protect High-Cost Credit Borrowers