Bill C-26 (Historical)

An Act to amend the Criminal Code (criminal interest rate)

This bill is from the 39th Parliament, 1st session, which ended in October 2007.

Sponsor

Rob Nicholson  Conservative

Status

This bill has received Royal Assent and is now law.

Summary

This is from the published bill. The Library of Parliament has also written a full legislative summary of the bill.

This enactment amends the Criminal Code by exempting persons from the application of section 347 of that Act in respect of agreements for small, short-term loans. The exemption applies to persons who are licensed or otherwise authorized to enter into such agreements by designated provinces that have legislative measures that protect recipients of payday loans and that specify a limit on the total cost of those loans.

Elsewhere

All sorts of information on this bill is available at LEGISinfo, an excellent resource from Parliament. You can also read the full text of the bill.

Bill numbers are reused for different bills each new session. Perhaps you were looking for one of these other C-26s:

C-26 (2022) An Act respecting cyber security, amending the Telecommunications Act and making consequential amendments to other Acts
C-26 (2021) Law Appropriation Act No. 6, 2020-21
C-26 (2016) Law An Act to amend the Canada Pension Plan, the Canada Pension Plan Investment Board Act and the Income Tax Act
C-26 (2014) Law Tougher Penalties for Child Predators Act

Votes

Feb. 6, 2007 Passed That the Bill be now read a third time and do pass.
Jan. 31, 2007 Passed That Bill C-26, An Act to amend the Criminal Code (criminal interest rate), be concurred in at report stage.

Industry, Science and Technology Committee, on Dec. 12, 2006

  • Michael Jenkin, Director General, Office of Consumer Affairs and Co-chair, Federal, Provincial and Territorial Consumer Measures Committee, Department of Industry
  • William Bartlett, Senior Counsel, Criminal Law Policy Section, Department of Justice
  • David Clarke, Senior Analyst, Consumer Policy, Office of Consumer Affairs, Department of Industry
  • James Latimer, Procedural Clerk