Dollar Financial Corp (DLLR) agreed to the decision by the Nova Scotia Utilities and Review Board to set a maximum cap on payday loan rates at $31 per $100. The company expect to continue providing payday loans to consumers in Nova Scotia at rates below newly stated maximum.
Dollar Financial noted that the provinces of British Columbia, Alberta, Saskatchewan, Ontario and New Brunswick have committed to set rate caps on payday loans and are underway with processes in each respective jurisdiction.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.