Press

March 22, 2018

Technology-led innovation in the Canadian financial services sector

Report: December 14, 2017 Information Centre Competition Bureau 50 Victoria Street Gatineau QC K1A 0C9 Executive summary “The future is now. Let’s get it right by providing policymakers with the information they need to nurture a competitive environment that allows Canada’s FinTech companies to innovate and grow.” John Pecman, Commissioner of Competition About this […]
February 16, 2018

Observations pour la réunion du Comité sénatorial concernant le projet de loi S-237

Mesdames et Messieurs les membres du Comité sénatorial permanent des banques et du commerce, je tiens à vous remercier de m’avoir invité à votre réunion alors que vous examinez le projet de loi S-237 — un projet de loi d’initiative parlementaire de la sénatrice Ringuette — sur la définition de « taux […]
February 8, 2018

Transcript of Senate Hearing on Bill S-237

The Chair: Thank you all very much. It’s been very helpful. You are very informative. If you wish to provide information to us, we look forward to that as well. For our second panel, we welcome Mr. Gary Schwartz, President, Canadian Lenders Association by video conference from Toronto; and Ali […]
February 8, 2018

Gary Schwartz Remarks to Senate Committee Regarding Bill S-237

Remarks for Senate Committee Meeting RE: S-237 Good afternoon, members of the Senate Committee on Banking, Trade and Commerce.  Thank you for inviting me to attend your Committee meeting today, as you examine Bill S-237, Senator Ringuette’s Private Member’s Bill as it relates to the “criminal interest rate” definition currently […]
November 20, 2017

CLA Responds to the Competition Bureau’s FinTech Public Consultation

Toronto, Canada, November 20, 2017 – Canadian Lenders Association (CLA) responds to the Competition Bureau’s public consultation regarding: “Technology-led innovation and emerging services in the Canadian financial services sector” The Canadian Lenders Association (CLA) provides Canadian lenders the tools to innovate and to foster safe and ethical lending practices. As […]
October 26, 2017

CANADIAN LENDERS ASSOCIATION & INNOVATIVE LENDING PLATFORM ASSOCIATION LAUNCH SMART BOX IN CANADA

Seven Canadian Lenders commit to adopt landmark transparency tool Toronto, Canada, and Washington, D.C., October 26, 2017 – The Canadian Lenders Association (CLA) and the Innovative Lending Platform Association (ILPA) today announced the introduction of the SMART Box™ into Canada – a model pricing disclosure and comparison tool that will enable […]
August 21, 2017

ILPA AND CLA PARTNER TO PROMOTE INNOVATIVE LENDING PRACTICES FOR SMALL BUSINESSES IN THE U.S. AND CANADA

Washington, D.C., and Toronto, Canada, August 21, 2017 – The Innovative Lending Platform Association (ILPA) and the Canadian Lenders Association (CLA) today announced a partnership to support innovative services and access to capital for small businesses in the United States and Canada. Based in Washington, D.C., the ILPA is the […]
August 18, 2017

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 […]