Which NDP will introduce the “Act to End Predatory Lending”?
The Notley government can make an ideological point, or leverage the power of Albertans to build a better and fairer small-dollar loan market
In its recent throne speech, Premier Rachel Notley’s government said it intended to “protect Albertans who are experiencing economic distress from being preyed upon by unscrupulous lenders.” The idea, to create “an Act to End Predatory Lending,” is sound but how it is implemented will require great care. As noted in a recent report by…