This website is a testimony to the problems Canadian Student Loan borrowers experienced from approximately 1996 to 2008 and until their loans were paid off.

The privatization of the Student Loans system by the Chretien and Martin Liberal governments broke the system and defaulted thousands of borrowers who were trying to pay their loans. There were even stories of suicide due to the harassment of borrowers.

Read the report that I prepared back in 2007 here. Canada Student Loans-The Need for Change Fortunately the new Conservative government at the time revamped the program and fixed the system for new borrowers, but borrowers under the previous program were left with ruined credit and continued harassment from debt collectors.

I call on the Canadian Government to apologize to the borrowers affected by this fiasco and make amends.

Unfortunately the Liberal government is again clobbering the Education system with their changes to International Student Visas. Yes, there's a problem, but instead of a well thought out plan, they have pulled the emergency brake on the train causing a derailment. This has introduced unprecedented instability for both private and public education institutions who serve both international and local students.

Universities have been forced to cancel programs and layoff hundreds if not thousands of full-time and contract instructors.

Again, the Liberal government has messed up the education environment.


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Joined: 19/September/2007
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    Posted: 19/September/2007 at 2:42pm
One of my employees must owe alot to Global Credit Collection. I don't care to be involved. I was harassed all day long by some donkey who called himself Ken Wolters from Global Credit Collection.

During one of his many, many harassing calls he told me he would call every half-hour until he received the info he was looking for. This is illegal.

If anyone here (in ON) is receiving calls at work, let your co-workers take the call, and have them cite section 22, paragraph 4 of the Ontario Credit Collection Act that stipulates:

No collection agency or collector shall contact or attempt to contact the debtor’s employer unless,

     (a)   the employer has guaranteed to pay the debt and the contact is in respect of that guarantee;

    (b)   the debtor has given the collection agency or collector written authorization to contact the debtor’s employer;

     (c)   the contact occurs only once and is for the sole purpose of confirming one or more of the debtor’s employment, the debtor’s business title and the debtor’s business address; or

    (d)   the contact is in respect of payments pursuant to,

               (i)   a wage assignment given to a credit union within the meaning of the Credit Unions and Caisses Populaires Act, 1994, or to a caisse populaire within the meaning of that Act, or

              (ii)   an order or judgment made by a court in favour of the collection agency or collector or of a creditor who is a client of the collection agency or collector.  O. Reg. 103/06, s. 2

The whole act is available here: http://www.e-laws.gov.on.ca/Download?dDocName=elaws_regs_900074_e

Good luck to those that need it!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote administrator Quote  Post ReplyReply Direct Link To This Post Posted: 20/September/2007 at 3:40pm
Yes, the act is there, but no one polices it. The ministry was embarrased a few years ago because they invesigated 2000 cases of labels on porn videos as a result of 0 complaints, and investigated 0 collection agencies as a result of 2000 complaints...

I hope you understand that it is likely not your employee's fault. He or she may have been sent to collections due to an error on the NSLSC or because they didnt qualify for interest relief or the NSLSC lost documentation.

Please have a look at our petition and 8 point plan at http://www.studentloanfairness.ca

Please file a complaint with the ministry and see if you can make headway with this. Your support as an employer is very much needed.
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