CCUA discusses letters of credit and other issues with Finance officials
On Monday, August 24, CCUA discussed a broad range of issues, including letters of credit challenges, and sought updates on other ongoing matters with
The Canadian Credit Union Association (CCUA) is pleased to participate in the further consultation on the Government of Canada’s intention to fight predatory lending by lowering the criminal rate of interest in the Criminal Code of Canada to a 35% annual percentage rate (APR) and the types of loans that fall outside of the government’s stated policy intent and could therefore be considered for a regulatory exemption.
CCUA-Submission_Budget-2023-Tabling-of-the-Ways-and-Means-Motion-–-Changes-to-the-Criminal-Rate-of-InterestDownload
Please contact Bolu Omidiji if you have any questions or inquiries.
