Friday, May 2, 2008

Manitoba decision being contested

On the heals of Ontario MPP Lisa MacLeod's comments that the Manitoba Public Utility Board decision is "hurting consumers" by driving reputable organizations from the market, two of the industry intervenors in the hearings have taken steps today to challenge the Board's April 4th decision:

CPLA: The Canadian Payday Loan Association has made a request to the Board asking that some aspects of the decision be reconsidered.

The Cash Store
: Formerly known as Rentcash, The Cash Store Financial Services took things one step further and filed a "Notice of Motion for Leave to Appeal" with the Manitoba Court of Appeal claiming that the Board, among other things, "erred in law and exceeded its jurisdiction by directing itself as being mandated to drive certain payday loan companies out of business and by issuing an order intended to achieve that result..."

Labels:

0 Comments:

Post a Comment

<< Home




Ontario | Manitoba | Alberta | British Columbia | Yukon | Northwest Territories | Nunavut | New Brunswick | Nova Scotia | Prince Edward Island | Newfoundland and Labrador