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

Status

Second reading (Senate), as of April 20, 2023

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Summary

This is from the published bill.

This enactment amends the Criminal Code to reduce the criminal rate of interest from sixty per cent to the Bank of Canada’s overnight rate plus twenty per cent.

Similar bills

S-233 (43rd Parliament, 2nd Session) An Act to amend the Criminal Code (criminal interest rate)
S-237 (42nd Parliament, 1st Session) An Act to amend the Criminal Code (criminal interest rate)
S-210 (41st Parliament, 2nd Session) An Act to amend the Criminal Code (criminal interest rate)

Elsewhere

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