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ARTICLE · 28 DECEMBER 2023

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Proposed Consumer Protection Act Introduced In New Brunswick: Key Provisions And Provincial Comparisons

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On November 22, 2023, New Brunswick's Minister of Finance and Treasury Board introduced Bill 16, a proposed Consumer Protection Act (the NB CPA).

CanadaConsumer Protection

On November 22, 2023, New Brunswick's Minister of Finance and Treasury Board introduced Bill 16, a proposed Consumer Protection Act (the NB CPA). The Bill passed a second reading on November 24, 2023.

What you need to know

  • The draft NB CPA set out in Bill 16 consolidates and updates existing regulatory areas overseen by the New Brunswick Financial and Consumer Services Commission (FCNB): gift cards, direct sellers, cost of credit disclosure, credit reporting services, collection and debt settlement and payday loans.
  • The NB CPA also introduces six new categories of consumer protection requirements under a single piece of legislation, specifically, requirements respecting unfair practices, internet sales contracts, future performance contracts, high-cost credit, unsolicited goods or services, and personal development services contracts.

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