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Latest News
Regulation Likely Coming For U.S. Buy Now Pay Later
U.S. regulators have indicated they plan to act to bring Buy Now, Pay Later (BNPL) lending practices closer in line with guidelines for credit cards. The U.S. Consumer Financial Protection Bureau (CFPB) recently released a study on industry practices, based on...
When Power Tools Go Rogue
The recent recalls from Health Canada’s list of unsafe products reads like an extract from a Stephen King novel. From lawn mower blades that may “detach unexpectedly” to missing guards on hedge trimmer shear blades, to saws that pose injury hazards from unsecured saw...
Newfoundland and Labrador Moves to Restrict Predatory Lending
Newfoundland and Labrador was the last Canadian province to bring in legislation regulating payday lenders, but has introduced two changes to improve protections for consumers of higher cost credit in the province. In late September, it announced lower lending limits...
