Police are sounding the alarm on the government’s interest rate cap

The government's plan to reduce the criminal interest rate from 47 per cent to 35 per cent APR will force low-income Canadians to turn to illegal lenders for loans.
Finance Minister Chrystia Freeland.

It is a terrible reality: when times are tough, as they are now, criminal activity that victimizes those most at-risk often intensifies. One of the most significant categories of this activity is financial crime. It's the kind of exploitation that tears families apart, drain...

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