The Ontario government introduced a proposal for providing stronger regulatory protection to users of alternative financial services, such as instalment loans. Payday loans were not considered under this proposal. In our comments, we indicated support for any measures that limit the total cost of borrowing of such high-cost credit agreements. We also made recommendations on how such agreements should be defined, and indicated support for measures such as, mandating licensing requirements, introducing new disclosure requirements, and providing more clarity and transparency. See our submission for more details.