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This would amount to a maximum charge of $2.30 per $100 for a 14-day loan. Since the effective annual interest rates on payday loans are over this limit (Alberta and Ontario with the lowest rate of $15 per $100 borrowed, (1.15^(365/14)-1)* 100)), this makes payday loans effectively illegal in the provinces.
Money laundering in Canada is a problem described by professionals in 2019 as a "national crisis," and which has attracted international attention. [1] As of July 2022, a public inquiry is currently being held to gauge the extent of the problem.
R v Big M Drug Mart Ltd [2] (Her Majesty The Queen in Right of Canada v Big M Drug Mart Ltd) is a landmark decision by Supreme Court of Canada where the Court struck down the federal Lord's Day Act for violating section 2 of the Canadian Charter of Rights and Freedoms. This case had many firsts in constitutional law including being the first to ...
Paypal's user agreement is more than 80 pages long, and it contains an expansive set of rules about when the company can terminate someone's account or freeze their assets. For instance, PayPal ...
In the United Kingdom, dine and dashes are prosecuted as making off without payment. [1]In the United States, legal implications vary by state.When the customer intended in advance to leave their bill unpaid and therefore obtained the valuable services under false pretenses, failing to pay the bill is considered theft and is a form of criminal fraud. [2]
The sale and distribution of beverage alcohol in Alberta had been conducted privately, under licence until 1916 when, during the height of Canada's Prohibition during the First World War, the Liberal government called a referendum in which Albertans voted in favour of the Liquor Act, which closed private liquor stores and the sale of alcohol beverage other than weak beer in privately owned bars.
Here's what federal law says about using cats and dogs for meat.
1. Ritz Crackers. Wouldn't ya know, a cracker that's all the rage in America is considered an outrage abroad. Ritz crackers are outlawed in several other countries, including the United Kingdom ...