Manitoba

On December 3, 2008 the Leader of the Official Opposition moved an opposition day motion urging the provincial government "to consider acknowledging that, under its stewardship, Manitoba has failed to fulfil its potential over the last nine years;" and urging the provincial government &quo...

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Bibliographic Details
Published in:Canadian Parliamentary Review 2009-06, Vol.32 (2), p.61
Main Author: Yarish, Rick
Format: Article
Language:English
Subjects:
Economic crisis
Harvard, John (1607-1638)
Legislatures
Lieutenant-Governor-Canada
Personal loans
Sustainable agriculture
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Summary:On December 3, 2008 the Leader of the Official Opposition moved an opposition day motion urging the provincial government "to consider acknowledging that, under its stewardship, Manitoba has failed to fulfil its potential over the last nine years;" and urging the provincial government "to consider releasing an economic plan for the Province that reassures Manitobans that they have a plan to deal with the immediate economic crisis as well as a long-term economic vision for the Province that will make us competitive with our western neighbours." Members debated the motion for the majority of the afternoon, before it was defeated on a vote of yeas 19, nays 31. The House returned from the winter break on March 25, 2009 with Finance Minister Greg Selinger (NDP - St. Boniface) delivering the NDP government's tenth budget. The 2009-2010 total operating expenditure of $10.2 billion represents an increase of 4.4% from 2008-2009. Highlights of the government's "steady and balanced" budget included: * [Bill Blaikie] 14 - The Consumer Protection Amendment Act (Payday Loans), which amends provisions of The Consumer Protection Act relating to payday loans, including some provisions that were enacted in 2006 and are not yet in force. Under this Bill, the Public Utilities Board order is rescinded, and the Lieutenant Governor in Council is empowered to make regulations governing the maximum cost of credit for payday loans. The Bill prohibits a payday lender from making a loan for more than a specified percentage of a borrower's net pay. It also prohibits lenders from discounting loans and restricts "tied selling". The Bill would also strengthen the government's ability to regulate the activities of payday lenders and to enforce payday loan provisions of the Act and the regulations. It also enables the regulation of Internet payday loans.
ISSN:0229-2548