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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 Ottawa, you should consult with a criminal defence lawyer in your area

OttawaLawyersNear Me

Paul Lewandowski Criminal Defence Lawyer

Ottawa, Ontario
200 Elgin Street, Suite 901
(613) 866-4155

Russomanno Criminal Law

Ottawa, Ontario
331 Somerset Street West
(613) 232-8389

Hameed Law

Ottawa, Ontario
43 Florence St.
(613) 627-2974

Greenspon Granger Hill

Ottawa, Ontario
331 Somerset Street West
(613) 288-2890

Law Office Of Rosalind E. Conway

Ottawa, Ontario
185 Somerset St W # 320
(613) 299-4750

Law Office Of Sarah Ahsan

Ottawa, Ontario
600-200 Elgin Street
(613) 761-2550
Criminal Interest Rate in Ottawa, Ontario - 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 Ottawa, Ontario - Tagged With:
Tagged With: Against Property
Criminal Interest Rate in Ottawa, Ontario - Tagged With:
Code Citations: s.347 (1)
Criminal Interest Rate in Ottawa, Ontario - Referenced Links