The province wants to get opinions on how much borrowers should pay for a payday loan.

Currently, the maximum cost in Ontario is 21 dollars per 100 dollars borrowed.

The government says that's the second-lowest cost in Canada -- but among the highest in North American.

Alternatives being proposed by the government are 15, 17 or 19 dollars per 100 dollars borrowed.

Feedback can be provided online until May 20th on the Ontario Regulatory Registry website.