Case Summary: Krayzel Corp. v. Equitable Trust Co., 2016, S.C.C. 18 (released 2016-05-06)
This is the first decision of the Supreme Court of Canada to assess whether “incentive rates” (i.e., where the interest rate secured by a mortgage is reduced if the mortgagor does not default) violate section 8 of the Interest Act, […]
