Starting January 1st, the criminal interest rate on predatory lending will be lowered, meaning it should be safer to take out payday and installment loans. But these businesses have a tendency to skirt the law, adding unexpected fees and insurance rates to keep borrowers in the hole.
It was a hell of a day for the Liberals yesterday, as Finance Minister and Deputy Prime Minister Chrystia Freeland abruptly abandoned her post. Now, all fingers are pointed at one man: Justin Trudeau.
Parliament froze in late September after the Conservatives launched a privilege motion, bogging down the government and demanding the Liberals hand over documents relating to a “green slush fund.”
