Find out more about ACORN Canada’s groundbreaking marketing manage payday lending and international remittances and cash transfers.
24hrs Vancouver: Advocacy party phone calls to reduce lender exchange fees
To many folks $7 is a small amount, but to Gloria Yogyog it can result in the difference in feeding a household within the Philippines.
Regulate remittances now!
Brampton protector: Singh dining tables expenses to limit charges
Brampton MPP Jagmeet Singh features his personal member’s expenses developed in an attempt to hold a top on high intercontinental cash move costs.
The Bramalea-Gore-Malton MPP released the bill inside the Ontario legislature yesterday, in which they was given very first researching.
Canadian company: Cash Store at a crossroads
With 511 storefront stores in Canada and another 25 during the U.K., the money shop Financial providers Inc. is easily this country’s prominent homegrown purveyor of payday advances. Then when the organization revealed in February that it was letting go of payday lending in Ontario—by far their prominent market—some were naturally mislead; this would be like McDonald’s quitting not just hamburgers, but dinners.
Peter Julian dining tables ACORN Canada petition to regulate remittances
Enjoy MP Peter Julian desk ACORN Canada’s petition to manage the remittance markets federally:
The existing: cleaning the pay day loan sector
CBC’s The latest covers cleaning the payday lending industry, like the jobs carried out by ACORN Canada members. Tune in right here:
West Union and cash Mart’s revenue move charge bring 20percent of income delivered to drought-ravaged East Africa
New Canadians and short-term international personnel are upset towards extravagant outlay of sending a reimbursement the home of loved ones in need of assistance – nevertheless famine in Somalia, and damaging drought in neighbouring Kenya, has someone particularly upset.
CBC: Ontario really wants to revoke licence of payday advances sites
CBC Development possess discovered that the Ontario federal government is going to try to revoke the license of Cash shop economic service, one of the primary advance loan stores in the country.
The Ontario Ministry of Consumer issues alleges that the organization smashed Ontario’s Payday Loans operate, which restricts the fees payday loan providers may charge.
Money Store economic Services has 200 outlets in Ontario alone: labeled as InstaLoans as well as the Cash Store.
They work in 19 various forums for the province.
Rabble.ca: 2012: a-year of austerity and strife for employees
As 2012 comes to nearby, here’s a recap from the major events and developments affecting workers in Canada over the last year.
Austerity hits people in Canada and overseas
Study of Remittance Consumers in Ontario: July – October 2012
Summary
- 154 associated with 229 survey players showed how much cash these were energized.
- When the charge were computed as a percentage regarding the levels delivered, the info clearly showed that individuals who deliver less of your budget are energized a higher rate than people who deliver a more substantial amount of cash. Typically individuals who send $100 or reduced were billed 13.26percent when compared to individuals who submit more $500 who will be charged normally 1.84%.
- From the 186 research players whom reported exactly how much they delivered per purchase:
- 60 reported they sent $100 or reduced (32percent)
- 106 reported that they sent $200 or much less (57per cent)
- Of 229 review members exactly who taken care of immediately the question “Is the rate of exchange charge within the fees?”
- 55 indicated which they did not discover (24%)
- 36 mentioned the rate of exchange cost wasn’t within the earliest fee (16per cent)
- 111 said the fees happened to be all lumped together (48%)
- 27 failed to answer the question (12%)
- Of this 229 participants, 189 sent remittances at least once a year (83per cent)
- On the 189
- 22 sent 1 time
- 20 sent 2 times
- 28 sent 3-5 occasions
- 27 sent 6 period
- 80 delivered 12 times
- 10 sent 24 period
- The individuals are giving funds to 37 various countries.