Month: October 2014

Payday Lending: a Borrower's Point of View

Yesterday, Calgary city council passed a motion to impose limits on payday lenders in the city. What this will look like exactly has yet to be determined. In March of 2015, city planning officials, business license officials and lawyers will let council know what options are available for regulating these businesses. This decision comes on the heels of much media coverage about payday lending and… Read more

Calgary Councillors Talk Payday Lending

Three councillors for the City of Calgary are pushing to take the conversation further about payday lenders. Councillors Brian Pincott, Druh Farrell and Andre Chabot are  pushing for bylaw amendments that would better regulate what councillor Chabot calls “cash stores” in our city. Today’s Metro article by Jeremy Nolais touches on this issue and why it has been such a hot topic as of late…. Read more