What is Boxing Day? Past, Present and Urban Legends

The day after Christmas is celebrated as Boxing Day in Australia, Britain, New Zealand, and Canada...
Image from Flickr.

Payday Loans and Bankruptcy in Canada: No Clear Correlation

Payday loans and bankruptcy are like peaches and cream to sensationalistic media and banking types. But this study from Manitoba shows no correlation. CLICK HERE.
Payday loans have not put this woman on the street. This study indicates that there is in fact no clear correlation between using payday loans and facing financial calamity like bankruptcy. (Photo: flickr.com)

Manitoba’s Judgment of Payday Loans Ignores Reason, Commerce

If the free market was allowed to regulate itself, we wouldn’t be talking about nanny states so much in regards to payday loans. READ about Manitoba here.
Payday loans are heavily regulated in the Canadian province of Manitoba. This flies in the face of reason, as 310-LOAN's executive study indicates. (Photo: picasaweb.google.com)

Ontario Payday Loan Restrictions Coming into Force

Ontario is finalizing payday loan legislation, but it still seems to be forgetting that not penalizing defaulting consumers is bad in a nanny state way. READ
It's all well and good when you're seven, but Ontario wants to nanny its payday loan customers so they don't have to be responsible. (Photo: flickr.com)

Canada Man Charged with Defrauding Payday Loan Business

A man in St. Catherine's, Ontario, has been charged with fraud after a three-month police investigation. READ MORE ...
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Trial for Class-Action Lawsuit Against Canada Payday Loan Company Begins

A class-action lawsuit in Ontario went to trial Tuesday. The suit against payday loan company Money Mart says the defendant charged unlawful interest. READ MORE ...
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Ontario, Canada, Passes New Payday Loan Laws

Ontario has passed new laws that require licenses for payday lenders, rate caps and a few other requirements. READ MORE ...
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GM’s Saab Story | Canadians Don’t Need Payday Loans for Cars

General Motors has begun dismantling; car prices are being driven so low in Canada that buyers won't need payday loans to cover down payments. READ MORE...
Soon GM might not be so big anymore.

U.S., Canada Meet For Easy Loans on Oil, NAFTA

President Obama's first foreign trip took him to Canada, where easy loans of oil and trade were on the agenda. Oil sands in Alberta are on the minds of many...
Obama: Energy

Ontario Advocate Group PIAC Confused About the Payday Loan

John Lawford and Ontario's Public Interest Advocacy Centre has the wrong idea about the payday loan. Get the right one... READ IT HERE...
Welcome to Ontario!