Credit Canada
Credit Canada is a Canadian non-profit organization operating in the credit counselling sector. It was established in the mid-1960s as Credit Counselling Services of Metropolitan Toronto (CCSMT) and is described in academic literature as the first non-profit credit counselling agency in Canada.[1]
History
Credit Canada originated in 1965 following the formation of a committee by the Social Planning Council of Toronto, which led to the creation of Credit Counselling Services of Metropolitan Toronto (CCSMT).[2] The organization began providing services in 1966.[3]
The agency later became known as Credit Counselling Service of Toronto and subsequently adopted the name Credit Canada.[4]
Early operations were supported in part through provincial funding and contributions from financial institutions.[5] Government subsidies for credit counselling agencies in Ontario ended in 1991.[6]
By the mid-2000s, policy and academic sources described Credit Canada as the largest credit counselling services agency in Canada by client volume.[7]
Role in Canadian credit counselling
Credit Canada is cited in academic and policy literature examining the development of the Canadian credit counselling industry, including discussions of funding models, creditor relationships, and consumer protection issues affecting non-profit credit counselling organizations.[8]
Leadership
In 2021, Bruce Sellery became chief executive officer of Credit Canada.[9]
See Also
References
- ↑ Ben-Ishai, Stephanie; Schwartz, Saul (2011). "Debtor Assistance and Debt Advice: The Role of the Canadian Credit Counselling Industry". Comparative Research in Law & Political Economy. Research Paper (3): 5. Retrieved December 15, 2025.
- ↑ Ben-Ishai, Stephanie; Schwartz, Saul (2011). "Debtor Assistance and Debt Advice: The Role of the Canadian Credit Counselling Industry". Comparative Research in Law & Political Economy. Research Paper (3): 5. Retrieved December 15, 2025.
- ↑ Ben-Ishai, Stephanie; Schwartz, Saul (2015). "Credit Counselling in Canada: An Empirical Examination". Osgoode Legal Studies Research Paper Series. 78: 6. Retrieved December 15, 2025.
- ↑ Uribe, Esteban; Tait, Amanda. "Credit Counselling: A Way Forward" (PDF). Public Interest Advocacy Centre. Retrieved December 15, 2025.
- ↑ Ben-Ishai, Stephanie; Schwartz, Saul (2011). "Debtor Assistance and Debt Advice: The Role of the Canadian Credit Counselling Industry". Comparative Research in Law & Political Economy. Research Paper (3): 5. Retrieved December 15, 2025.
- ↑ Ben-Ishai, Stephanie; Schwartz, Saul (2015). "Credit Counselling in Canada: An Empirical Examination". Osgoode Legal Studies Research Paper Series. 78: 7. Retrieved December 15, 2025.
- ↑ Uribe, Esteban; Tait, Amanda. "Credit Counselling: A Way Forward" (PDF). Public Interest Advocacy Centre. Retrieved December 15, 2025.
- ↑ Ben-Ishai, Stephanie; Schwartz, Saul (2011). "Debtor Assistance and Debt Advice: The Role of the Canadian Credit Counselling Industry". Comparative Research in Law & Political Economy. Research Paper (3): 5. Retrieved December 15, 2025.
- ↑ Press, Kevin (June 10, 2025). "Bruce Sellery is on a mission". Investment Executive. Retrieved December 11, 2025.
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