Evolving legal requirements for Fintech Lenders in Canada
From a niche industry trend, financial technology (“Fintech”) has become a major disruptive force in the global financial landscape over the past 10 years. The concept of Fintech refers to new technologies that aim to enhance the delivery and use […]
Do hypothecary representatives help save time and money?
With business transaction costs constantly rising, lenders need to leverage the most effective tools not just for a current transaction but also for any amendments, renewals or new loans involving the same borrower. In Quebec, using a hypothecary representative can, […]
Bill C-47: Amending the criminal interest rate in Canada
On April 20, 2023, following a consultation in 2022, the Government of Canada tabled Bill C-47, the Budget Implementation Act (the “Bill”). The Bill includes, amongst many other things, amendments to the criminal interest rate provision under section 347 of […]
