Press

August 17, 2018

British Columbia: Stakeholder Feedback, High-Cost Credit Products & Alternative Lending Industry

To: British Columbia Ministry of Public Safety & Solicitor General Thank you for this opportunity to provide stakeholder feedback around the subject of high-cost consumer credit products and the alternative/innovative lending industry.  We are grateful to be part of this important conversation which affects the ability for millions of Canadian […]
June 15, 2018

The Canadian Lenders Association Outlines National Advocacy & Regulatory Principles

Toronto, Canada, June 18, 2018 –  Today, the Canadian Lenders Association released a set of principles intended to help guide our advocacy and regulatory  outreach and collaboration both provincially and nationally with the aim of improving transparency, provide a balanced regulatory frameworks, and an open marketplace. “The Canadian Lenders Association represents the all […]
March 10, 2018

An Overview of FinTech in Canada – lending

LENDING (PERSONAL OR BUSINESS) The FinTech lending sector consists of non-bank platforms that provide rapid onboarding, serve a wider range of clients than traditional financial institutions, and in some cases offer lower interest rates.19 These platforms grew tremendously in popularity for small to medium businesses and individuals after the financial […]
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 […]