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Services

Lending Lendership & Ideas

The Canadian Lenders Association is committed to sharing ideas nationally to help educate borrowers and share best practices with lenders. We use online panel technology provided by Thinkwire.com to host informative discussions and fireside chats. These ideas are shared via Linkedin to reach a wide social audience. See our Leaders-in-Lending Series We host private dinners […]

Lending Resources & Services

Our Lending Resources and Services Committee is responsible for partnerships that drive incremental value for our lenders. An example is our SMART Box, capital comparison standard, launched in partnership with the ILPA

Lending Advocacy & Regulatory Services

CLA’s Advocacy and Regulatory Principles Through advocacy with all levels of government and with other trade associations in the marketplace, the Canadian Lenders Association’s Advocacy and Regulatory Committee supports the following principles: We support transparency throughout the Canadian marketplace and will support changes to legislative and regulatory frameworks that encourage and enhance transparency for borrowers. […]

News

A Review into the Merits of Open Banking

Canadian Lenders Association’s Response to The Advisory Committee to the Open Banking Review, Department of Finance Canada Canadian Lenders Association (CLA) | l’Association des prêteurs canadiens (APC) is writing this response to The Advisory Committee to the Open Banking Review representing our CLA members and their borrowers nationally. We view Open Banking standards as an essential […]

January 2019 Regulatory Calendar

This monthly report covers any consumer and commercial Lending regulatory and policy activity on a provincial and federal level for the month of January. The report details: Jurisdiction Name of Law/Regulation Brief Summary of Changes The report is prepared monthly by the Advocacy and Regulatory Committee of the Canadian Lenders Association. /www.canadianlenders.org/committees/ Special thanks to […]

New Study: How do Canadians feel about credit?

Only 51% of Canadians have savings for an emergency. In the case of an emergency, 35% of Canadians would take out a small loan or pay for it on their credit card, and this increases to 43% of those who are living paycheque to paycheque. 96% of Canadians believe a good credit score is important, […]