Credit Invisibles

Canadian Lenders Association, is proud to host a series of workshops addressing tools, policies and fintech topics.

The Policy & Economic Research Council (PERC) and industry panel to discussed how advanced lenders are using alternative data sources as well as advanced analytics to better target and serve thin file or credit invisible consumers.

Who was there. CROs, data scientists & credit analysts, alternative lenders, banks, regulators, public policy think tanks & service providers. First of its kind research. Q&A and networking with Canada’s largest lenders.

This was the second in our series is on “Credit Invisibles” and “Credit Deserts” in Canada hosted by Perc Canada and TransUnion at Blake, Cassels & Graydon LLP.,  Toronto, June 5th.




8:00 AM

Registration & Networking Breakfast

8:25 am

Canadian Lenders Association Welcome

  • Michael Burke

    CLA Board Member

    Blake, Cassels & Graydon LLP (Blakes)

8:30 am

Setting the Stage: Credit Invisibility

Michael Turner is the CEO and President of Policy and Economic Research Council (PERC).  He sets the stage on the topic of Credit Invisibility. The lack of lender access to predictive information about borrower intentions to repay dramatically constrains financial inclusion.   PERC’s mission is to reduce greatly credit invisibility in Canada, the US and globally. The organization works with top policymakers to ensure that national and state laws permit lenders access to necessary consumer data, and that individual rights and protections are in place. PERC is a partner of the Canadian Lenders Association.

  • Michael Turner

    CEO & President

    Policy and Economic Research Council


Credit Invisibles, Credit Deserts

This panel discusses how the lending industry is set to service credit invisibles and credit deserts across Canada.

Between 2009 and 2014, the percentage of Canadians using payday loans more than doubled from 1.9% to 4.5%. During that time, Canadians became the most indebted consumers among the members of the G7 (roughly, the 7 richest countries on earth), as household debt to income increased from 145% to 160%, and in 2017 hit a record high of 165%.

  • Michael Turner

    CEO & President

    Policy and Economic Research Council

  • Jason Appel

    EVP & Chief Risk Officer


  • Glenn Waine

    Head of Data Science


  • Elizabeth Sale


    Blake, Cassels & Graydon LLP

  • Tony Vardy



  • Vahan Der Kaloussian

    Director Data Science

    Capital One

  • Christopher Grnak

    EVP & Chief Risk Officer

    Trust Science




June 5, 2019


8:00 am – registration
8:30 am – keynote
9:15 am –  coffee break
9:30 am – panel
10:30 am – more coffee and schmooze


Blake, Cassels & Graydon LLP‎
199 Bay St suite 4000, Toronto, ON M5L 1A9