David Rotchtin

David Rotchtin

Bennett Jones LLP

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Significant Changes Proposed to the Criminal Interest Rate

On May 11, 2021, Bill C-274, An Act to amend the Criminal Code (Criminal Code Interest Rate) received first reading in the House of Commons. The Bill proposes to amend the definitions of "criminal rate" and "interest" under...more

5/19/2021  /  Banking Sector , Banks , Canada , Consumer Lenders , Finance Lender , Financial Institutions , Interest Rates , Lenders
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