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Criminal Interest Rate Laws in Canada

Part IX of the Criminal Code / Against Property

Loan Sharking: Interest Rate of 60% or More

If you have been charged with a crime in Calgary, you should consult with a criminal defence lawyer in your area

CalgaryLawyersNear Me

Elmer Chiu Legal Centre

Calgary, Alberta
Suite 403, 1701 Centre Street NW
(587) 355-4266

Der Barristers

Calgary, Alberta
#2650 645 7 Ave SW
(403) 234-8824

Robert Charko Law Office

Calgary, Alberta
4 Weston Place SW
(905) 536-9999

Nelson & Nelson

Calgary, Alberta
2120 Kensington Rd, NW
(403) 289-2525

McKay Ferg LLP

Calgary, Alberta
Suite 1800 639 5 Ave SW
(403) 984-1919

Roadlawyers

Calgary, Alberta
100-224 11 Ave SW
(403) 233-9239
Criminal Interest Rate in Calgary, Alberta - Glossary of Terms

Glossary of Legal Terms

Crown prosecutor

Lawyers who act for the federal, provincial and territorial governments and prosecute people accused of crimes on behalf of the Crown.

Indictable offence

Indictable offences are the most serious offences under the Criminal Code and they come with more serious punishments, up to a maximum penalty of life in prison.

Interest

The aggregate of all charges and expenses – whether in the form of a fee, fine, penalty, commission or other similar charge or expense – paid or payable for the advancing of credit under an agreement or arrangement.

Loan sharking

Lending money at an interest rate above 60 percent. Sometimes threats of harm or extortion are used to get repayment.

Summary offence

Summary offences are less-serious criminal offences such as disturbing the peace or unlawful assembly

Criminal Interest Rate in Calgary, Alberta - Tagged With:
Tagged With: Against Property
Criminal Interest Rate in Calgary, Alberta - Tagged With:
Code Citations: s.347 (1)
Criminal Interest Rate in Calgary, Alberta - Referenced Links