Stricter rules force closure of Alberta lending that is payday, claims industry employer

An indicator marketing pay day loans is observed at money Canada in Edmonton, Alta., on Oct. 7, 2015. Codie McLachlan / Postmedia, file Pay day loan licences have actually fallen by significantly more than one-quarter since the NDP federal federal federal government enacted stricter guidelines for loan providers in 2016 and more brick-and-mortar shops might be shuttering within the next …