Financial Services & Restructuring Communiqué

A pen sits over top a budget sheet

May 23, 2023

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Bill C-47: Amending the criminal interest rate in Canada

Ethan Campbell, David Reynolds, Nadim Elkommos, Angelo Mandeville-Sacco

On April 20, 2023, following a consultation in 2022, the Government of Canada tabled Bill C-47, the Budget Implementation Act (the “Bill”).  The Bill includes, amongst many other things, amendments to the criminal interest rate provision under section 347 of...


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