Fees for foreign currency transactions violated province’s consumer protection laws
Proposed regulations would make credit card information more transparent
Charge-offs and delinquencies expected to continue to rise at a pace unprecedented for the Canadian market
Zoomer Rewards MasterCard exclusively for CARP members
Consumer delinquency rates increasing across the country
Sale of legacy assets could trigger further writedowns
Delinquencies breach all-time highs for second-straight month
U.S. defaults just below all time highs in January
Canadian debt-to-disposable-income ratio now higher than the U.S.
It will also require increased disclosure on credit cards and mortgage insurance