Every federally regulated entity that extends credit to consumers in Canada will be interested in the final form of the federal Credit Business Practices regulations (the "Final Credit Business Credit Business Practices Regulations") and the final form of the amendments to the Cost of Borrowing regulations (the "Final Cost of Borrowing Amendments"), which were published in the Canada Gazette on September 30, 2009. Drafts of these regulations were previously announced on May 21, 2009 and published in the Canada Gazette on May 23, 2009 and were the subject of our article "Boxed In: Canadian Federal Regulations to Prompt Changes for Credit Card Issuers and Other Creditors."

type Inside The Box: Final Form of Canadian Federal Credit Regulations Published