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Ontario bill to ban some door-to-door sales

Ontario bill to ban some door-to-door sales

India Blooms News Service | 04 Nov 2016, 04:07 am
Toronto, Nov 3 (IBNS): A new legislation introduced on Thursday in Ontario aims to control some home inspectors, banning certain door-to-door sales and enhance the payday loan rules.

The intended new changes will all be placed under the Putting Consumers First Act, which the government believes will help in saving people from fraudulent transactions with common household and financial services.

The bill aims to restrict unsolicited door-to-door sales of water heaters, furnaces, air conditioners and water filters to protect people from “aggressive” and “high pressure” sales tactics, as laid down by the government release.

If the new bill comes to action, the home inspectors would need a license to work with people in their properties. An administrative body will keep a close watch on them and any complaints made will undergo a strict action.

The intended bill would also allow the registrar of payday loans the ability to limit high-frequency borrowing, build and plan standards that lenders should study when defining a borrower's ability to repay and give repeat borrowers a prolonged payment plan option.

The debt collection rules would also get a ramification under the new bill, equalizing the game rules for firms that purchase debt for collection with the normal collection agencies.

(Reporting by Debarati Mukherjee)

Ontario bill to ban some door-to-door sales

India Blooms News Service
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