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By Nivedita Balu TORONTO, Feb 5 (Reuters) - Canada's plan to cut the maximum lending rate for regulated institutions could give illicit financiers an opportunity to step in and serve distressed customers, leading to a rise in criminal activity, a study released on Monday showed. Finance Minister Chrystia Freeland in the 2023 Federal budget laid out plans to amend the Criminal Code to cap the top annual consumer lending rate for all regulated financial institutions at 35% from 47% to combat...

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