{"id":14838,"date":"2022-09-15T13:13:45","date_gmt":"2022-09-15T13:13:45","guid":{"rendered":"https:\/\/margill.com\/?p=14838"},"modified":"2025-10-10T09:07:16","modified_gmt":"2025-10-10T13:07:16","slug":"government-of-canadas-consultation-on-lowering-the-criminal-rate-of-interest","status":"publish","type":"post","link":"https:\/\/margill.com\/en\/government-of-canadas-consultation-on-lowering-the-criminal-rate-of-interest\/","title":{"rendered":"Government of Canada\u2019s consultation on lowering the criminal rate of interest"},"content":{"rendered":"<p>This past August, the Government of Canada launched its anticipated consultation paper to seek feedback from stakeholders and vulnerable members of the public on the criminal rate of interest and the availability of high-cost installment loans often offered by alternative lenders.<\/p>\n<p>While the Government of Canada\u2019s policy goal has not resulted in a new criminal rate of interest yet, a reduction in the criminal interest rate could potentially have market-changing implications for lenders and borrowers.<\/p>\n<p>To continue reading this article by Me Joyce M. Bernasek and Me Dominic Duchesne from the Osler law firm, <a href=\"https:\/\/www.osler.com\/en\/resources\/regulations\/2022\/government-of-canada-s-consultation-on-lowering-the-criminal-rate-of-interest\" target=\"_blank\" rel=\"noopener\">follow this link<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This past August, the Government of Canada launched its anticipated consultation paper to seek feedback from stakeholders and vulnerable members of the public on the criminal rate of interest and the availability of high-cost installment loans often offered by alternative lenders. While the Government of Canada\u2019s policy goal has not resulted in a new criminal [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","footnotes":""},"categories":[421],"tags":[],"class_list":["post-14838","post","type-post","status-publish","format-standard","hentry","category-margill-and-industry-new"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\r\n<title>Government of Canada\u2019s consultation on lowering the criminal rate of interest - Margill<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/margill.com\/en\/government-of-canadas-consultation-on-lowering-the-criminal-rate-of-interest\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Government of Canada\u2019s consultation on lowering the criminal rate of interest - Margill\" \/>\r\n<meta property=\"og:description\" content=\"This past August, the Government of Canada launched its anticipated consultation paper to seek feedback from stakeholders and vulnerable members of the public on the criminal rate of interest and the availability of high-cost installment loans often offered by alternative lenders. While the Government of Canada\u2019s policy goal has not resulted in a new criminal [&hellip;]\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/margill.com\/en\/government-of-canadas-consultation-on-lowering-the-criminal-rate-of-interest\/\" \/>\r\n<meta property=\"og:site_name\" content=\"Margill\" \/>\r\n<meta property=\"article:published_time\" content=\"2022-09-15T13:13:45+00:00\" \/>\r\n<meta property=\"article:modified_time\" content=\"2025-10-10T13:07:16+00:00\" \/>\r\n<meta name=\"author\" content=\"Kim Ouellette\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kim Ouellette\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/margill.com\/en\/government-of-canadas-consultation-on-lowering-the-criminal-rate-of-interest\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/margill.com\/en\/government-of-canadas-consultation-on-lowering-the-criminal-rate-of-interest\/\"},\"author\":{\"name\":\"Kim Ouellette\",\"@id\":\"https:\/\/margill.com\/en\/#\/schema\/person\/fb5fb76af498fd0e71cd304825c2c777\"},\"headline\":\"Government of Canada\u2019s consultation on lowering the criminal rate of interest\",\"datePublished\":\"2022-09-15T13:13:45+00:00\",\"dateModified\":\"2025-10-10T13:07:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/margill.com\/en\/government-of-canadas-consultation-on-lowering-the-criminal-rate-of-interest\/\"},\"wordCount\":110,\"articleSection\":[\"Margill and Industry New\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/margill.com\/en\/government-of-canadas-consultation-on-lowering-the-criminal-rate-of-interest\/\",\"url\":\"https:\/\/margill.com\/en\/government-of-canadas-consultation-on-lowering-the-criminal-rate-of-interest\/\",\"name\":\"Government of Canada\u2019s consultation on lowering the criminal rate of interest - Margill\",\"isPartOf\":{\"@id\":\"https:\/\/margill.com\/en\/#website\"},\"datePublished\":\"2022-09-15T13:13:45+00:00\",\"dateModified\":\"2025-10-10T13:07:16+00:00\",\"author\":{\"@id\":\"https:\/\/margill.com\/en\/#\/schema\/person\/fb5fb76af498fd0e71cd304825c2c777\"},\"breadcrumb\":{\"@id\":\"https:\/\/margill.com\/en\/government-of-canadas-consultation-on-lowering-the-criminal-rate-of-interest\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/margill.com\/en\/government-of-canadas-consultation-on-lowering-the-criminal-rate-of-interest\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/margill.com\/en\/government-of-canadas-consultation-on-lowering-the-criminal-rate-of-interest\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/margill.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Government of Canada\u2019s consultation on lowering the criminal rate of interest\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/margill.com\/en\/#website\",\"url\":\"https:\/\/margill.com\/en\/\",\"name\":\"Margill\",\"description\":\"Loan Servicing Solutions \/ Interest Calculators\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/margill.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/margill.com\/en\/#\/schema\/person\/fb5fb76af498fd0e71cd304825c2c777\",\"name\":\"Kim Ouellette\"}]}<\/script>\r\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Government of Canada\u2019s consultation on lowering the criminal rate of interest - Margill","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/margill.com\/en\/government-of-canadas-consultation-on-lowering-the-criminal-rate-of-interest\/","og_locale":"en_US","og_type":"article","og_title":"Government of Canada\u2019s consultation on lowering the criminal rate of interest - Margill","og_description":"This past August, the Government of Canada launched its anticipated consultation paper to seek feedback from stakeholders and vulnerable members of the public on the criminal rate of interest and the availability of high-cost installment loans often offered by alternative lenders. 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