February 9, 2010
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Many Thanks to our 2009 National Conference Sponsors
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The Canadian Finance & Leasing Association (CFLA) represents the asset-based financing, equipment and vehicle leasing industry in Canada. With over $108 billion of financing in place with Canadian businesses and consumers, the asset-based financing industry is the largest provider of debt financing in this country after the traditional lenders (banks and credit unions).
Facilitating business investment in new machinery, equipment and vehicles enhances national productivity and living standards. The asset-based financing industry was directly responsible for raising the living standards of Canadians by 2.3% between 1992 and 2002 (or about 8% of the total increase in living standards over that decade). CFLA's more than 190 members range from large multinationals to national and smaller regional domestic companies, crossing the financial services spectrum from manufacturers' finance companies and independent leasing companies, to banks, insurance companies, and suppliers to the industry. The customers of this industry are Canadian small, medium and large businesses as well as consumers. |
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| WHAT'S NEW | |
 
[Posted January 29, 2010] MTO’s new Power of Attorney Acceptance Policy No Longer in effect February 1, 2010 for lessors and dealers. After discussions with the Ontario Ministry of Transportation on the recently re-revised POA checklist, the MTO has removed the compliance date for the new POA requirements. For more details go to the CFLA Member Update. [Posted January 28, 2010] Third Transaction Under Canadian Secured Credit Facility (CSCF). BDC sees strong third party participation signalling improved market demand for ABS. The Business Development Bank of Canada has purchased $91 Million of fleet leasing receivables originated by PHH Vehicle Management Services Inc. Third parties purchased a further $272 million, totalling $363 million. For more details, go to the CFLA Member Update. [Posted January 26, 2010] DealerTrack Canada completes acquisition of Trade Tracker, Inc. For more please go to The DealerTrack Canada media release. More What's New... |
| SPOTLIGHT | ||||||||||||||
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| EVENTS & SEMINARS | ||||||||||||||
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Annual Golf Tournament - 2010 18/05/2010 details... |
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Conference 2010 22/09/2010 - 24/09/2010 details... |
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Conference 2011 21/09/2011 - 23/09/2011 details... |
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