Patrick Mohan of the Independent Payday Loan Association of Canada said he’s noticed a similar trend
Pushing for change
Acorn Canada, a national organization that advocates for low-income people, has taken aim at large payday lenders, organizing protests across the country and calling on the federal government to take action.
Donna Borden, vice-chair of Acorn’s East York chapter in Toronto, said the pandemic has forced more Canadians to turn to high-interest lenders.
“A lot of people are using or taking these loans to buy food, to pay their rent,” she said. “And especially […]