Rein in payday lending to start tackling poverty

Trudeau government should start to make good on its promise to help poor families

Rein in payday lending to start tackling povertyI met Ben and Sherry when I was facilitating a focus group discussion in Winnipeg with consumers who use payday loans. Their stories help illustrate a serious national problem. A payday loan is for a small amount (up to $1,500) that must be repaid quickly and carries a hefty fee. Payday lenders often have small storefronts in…