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A Quick Overview of the New Credit Card Legislation

On May 21, changes to existing rules that govern credit cards were proposed by Canadian Finance Minister Jim Flaherty to help credit card holders. Here's a summary of the legislation that will most likely be enacted later this year.

Ho-hum Response to Proposed Canadian Credit Card Rules

Canadian Finance Minister Jim Flaherty announced a package of credit card industry reform proposals on May 21st. But the new steps were greeting with a yawn by experts.