Thank you, Mr. Chair. I had raised concerns about people who avail themselves of payday loans who are ending up getting charged more than is legally correct for loans, and it was discovered sort of incidentally through associated court cases. This legislation came forward and I am happy to see that it does profile that and address it in the Northwest Territories.
I think especially payday loan-type companies can, through various fees and charges, interest rate applications, end up overcharging people accessing these lendings. Typically, a lot of these people will not have the skills or the inclination to read the fine print and that’s often where these charges are. So it will be critical for clients who use these services to be provided the information in this bill in a plain language form to ensure that they, indeed, understand the law and that consumer protection is achieved. It’s on that basis that I just want to hear the Minister confirm that that communication plan is in place, and that those materials will be provided and readily accessible at all companies providing these sorts of services.