15 min listen
Does the government need to clamp down on predatory lending?
FromThis Matters
ratings:
Length:
15 minutes
Released:
May 10, 2022
Format:
Podcast episode
Description
Guest: Christine Dobby, Business Reporter You don’t have to look far to see those who experienced terrible financial hardship over the past two years. We don’t talk about our finances. But a recent report has painted a harsh picture just the same. The report published by ACORN, a non-profit organization advocating for moderate to low-income Canadians has revealed that more and more people were forced to take out instalment or payday loans during the pandemic–and many are trapped in a vicious cycle, paying off interest rates of up to 60 percent. Star Business Reporter Christine Dobby explains how high-cost lenders operate and whether the government should have done something to help prevent Canadians from falling through the cracks and into a crushing cycle of debt. This episode was produced by Saba Eitizaz, Brian Bradley and Matthew Hearn.
Released:
May 10, 2022
Format:
Podcast episode
Titles in the series (100)
Why some white supremacists are celebrating the pandemic: Adrian Cheung talks to Ben Makuch, national security reporter for Vice News, about why some neo-Nazis and white supremacists view the COVID-19 pandemic as their moment to act out their racist ideologies. by This Matters