Press Releases

CLA RESPONSE TO “THE PUTTING CONSUMERS FIRST ACT”

An Open Letter to Hon. Tracy MacCharles, Minister of Government and Consumer Services Toronto, Canada, August 18, 2017 – Canadian Lenders Association (CLA) responds to The Putting Consumers First Act (Consumer Protection Statute Law Amendment). The CLA provides Canadian lenders the tools to innovate and to foster safe and ethical lending practices. As an association that […]

CLA’s August 2018 Legal Update

Review here: CLA August Monthly Update This monthly report covers any consumer and commercial Lending regulatory and policy activity on a provincial and federal level for the month of August. The report details: Jurisdiction Name of Law/Regulation Brief Summary of Changes The report is prepared monthly by the Advocacy and Regulatory Committee of the Canadian Lenders […]

CLA & Navigant Collaborate to Offer the SMART Box™ Disclosure Tool to Small Business Lenders

TORONTO & CHICAGO–(BUSINESS WIRE)–Navigant (NYSE: NCI) and the Canadian Lenders Association (CLA) announced today they are collaborating on adapting the SMART Box for the Canadian market. SMART Box is a pricing disclosure model and comparison tool that will enable Canadian small businesses to better assess and compare their debt finance options. The collaboration combines Navigant’s […]