Government of Canada / Gouvernement du Canada
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Credit Business Practices (Trust and Loan Companies, Retail Associations, Canadian Insurance Companies and Foreign Insurance Companies) Regulations

Version of section 1 from 2010-01-01 to 2022-06-28:

 The following definitions apply in these Regulations.


borrower means a person who holds a credit card or has applied to an institution to become a holder of a credit card. (emprunteur)

credit agreement

credit agreement includes an agreement for a line of credit, a credit card or any kind of loan. (convention de crédit)

credit card

credit card means a credit card issued to a natural person other than for business purposes. (carte de crédit)


debtor means a natural person who has entered into a credit agreement with an institution other than for business purposes and who owes a debt to that institution. (débiteur)


institution means any of the following:

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