Bill C-37 (Historical)

An Act to amend the law governing financial institutions and to provide for related and consequential matters

This bill is from the 39th Parliament, 1st session, which ended in October 2007.

Sponsor

Jim Flaherty  Conservative

Status

This bill has received Royal Assent and is now law.

Summary

This is from the published bill.

This enactment amends a number of Acts governing financial institutions. It also amends legislation related to the regulation of financial institutions. Notable among the amendments are the following:
(a) amendments to the Bank Act, the Cooperative Credit Associations Act, the Insurance Companies Act, and the Trust and Loan Companies Act aimed at achieving three key objectives:
(i) enhancing the interests of consumers,
(ii) increasing legislative and regulatory efficiency, and
(iii) adapting those Acts to new developments;
(b) amendments to the Bills of Exchange Act to provide for the introduction of electronic cheque imaging; and
(c) technical amendments to the Bank Act, the Cooperative Credit Associations Act, the Insurance Companies Act, the Trust and Loan Companies Act, the Bank of Canada Act, the Bills of Exchange Act, the Canada Business Corporations Act, the Canada Deposit Insurance Corporation Act, the Canadian Payments Act, the Financial Consumer Agency of Canada Act, the Green Shield Canada Act, the Investment Canada Act, the National Housing Act, the Payment Clearing and Settlement Act and the Winding-up and Restructuring Act.

Elsewhere

All sorts of information on this bill is available at LEGISinfo, an excellent resource from the Library of Parliament. You can also read the full text of the bill.

Bill numbers are reused for different bills each new session. Perhaps you were looking for one of these other C-37s:

C-37 (2022) An Act to amend the Department of Employment and Social Development Act and to make consequential amendments to other Acts (Employment Insurance Board of Appeal)
C-37 (2016) Law An Act to amend the Controlled Drugs and Substances Act and to make related amendments to other Acts
C-37 (2014) Law Riding Name Change Act, 2014
C-37 (2012) Law Increasing Offenders' Accountability for Victims Act
C-37 (2010) Strengthening the Value of Canadian Citizenship Act
C-37 (2009) An Action Plan for the National Capital Commission

Finance Committee, on Feb. 15, 2007

  • Serge Dupont, Assistant Deputy Minister, Financial Sector Policy Branch, Department of Finance

Finance Committee, on Feb. 15, 2007

  • Terry Campbell, Vice-President, Policy, Canadian Bankers Association
  • Karen Michell, Vice-President, Banking Operations, Canadian Bankers Association
  • Serge Dupont, Assistant Deputy Minister, Financial Sector Policy Branch, Department of Finance
  • Linda Routledge, Director, Consumer Affairs, Canadian Bankers Association

Finance Committee, on Feb. 19, 2007

  • Frank Zinatelli, Vice-President and Associate General Counsel, Canadian Life and Health Insurance Association Inc.
  • John Lawford, Counsel, Public Interest Advocacy Centre
  • David Phillips, President and Chief Executive Officer, Credit Union Central of Canada
  • Winsor Macdonell, Senior Vice-President and General Counsel, Genworth Financial Canada
  • Duff Conacher, Chairperson, Canadian Community Reinvestment Coalition
  • Normand Lafrenière, President, Canadian Association of Mutual Insurance Companies
  • Jim Callon, Acting Commissioner, Financial Consumer Agency of Canada
  • Richard Bouchard, As an Individual
  • Julie Dickson, Acting Superintendent, Financial Institutions, Office of the Superintendent of Financial Institutions Canada
  • Guy Legault, President and Chief Executive Officer, Canadian Payments Association

Finance Committee, on Feb. 20, 2007

  • Marc Toupin, Procedural Clerk
  • Serge Dupont, Assistant Deputy Minister, Financial Sector Policy Branch, Department of Finance
  • Eleanor Ryan, Chief, Structural Issues, Financial Institutes Division, Financial Sector Policy Branch, Department of Finance