Consumer Protection Act (Chapter 92 of the RS 1989).

Under the present Act “goods” includes tokens, coupons or other documents or things issued or sold by a seller to a buyer that are exchangeable or redeemable for goods or services. The Act provides for the discipline of protection of buyers of consumer goods and for the fair disclosure of the cost of credit. In this regard, the Minister shall appoint a Registrar of Credit with the following functions: (a) investigate complaints regarding credit granting and persons engaged in business as lenders; (b) conduct studies, inquiries and surveys for the purpose of obtaining information; (c) consult with and co-operate with lenders; (d) disseminate information respecting methods of obtaining or granting credit, etc. Other measures entail: no person shall carry on business as a lender unless that person holds a valid permit under this Act; misleading statements; Maximum rate; Display of rates, fees and prescribed information; etc.