Ontario Decision Soon?

The word on the street is that the good folks in Toronto will make a decision soon on whether or not to accept last month's recommendation on the maximum allowable rate for payday loans in Ontario. I am still trying to get a definition of what "soon" means, but with any luck we will have some answers before this month is through.

On February 9th, the payday loan advisory board issued their recommendation for a rate ceiling of 21% of the loan amount. It is up to the Minister to decide if he will accept the recommendation or institute a different rate ceiling.