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3. Detailed Analysis of Selected Cases (continued)

3. Detailed Analysis of Selected Cases (continued) 3.4 Loan-Sharking In Canada, loan-sharking is officially designated as a criminal offence if the effective rate (including fees and penalty payments) exceeds 60% per annum. This offence was created during the 1970s, some say, out of a widespread and inflated fear of the mob. Problems in the analysis […]