New Cost Of Credit Disclosure Rules Come To Manitoba

Mondaq Business BriefingCanada Law Articles in English (2007)

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New Cost Of Credit Disclosure Rules Come To Manitoba

Article by Michael Burke, © 2007, Blake, Cassels & Graydon LLP

Originally published in Blakes Bulletin on Financial Services, June 2007

On April 1, 2007, Manitoba became the fifth province to bring into force new harmonized cost of credit disclosure rules, joining Alberta, Ontario, British Columbia and Saskatchewan. About a year ago, the prognosis of Manitoba introducing cost of credit disclosure rules for conditional sale agreements (which are a form of fixed credit agreements) and leases that were uniform with the other...

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