No. I believe it is more properly regulated by the Superintendent of Financial Institutions, which is where it is currently regulated. They have the expertise in financial transactions, and I think that's where it should reside.
February 6th, 2007 / 10:25 a.m.
Vice-President, Federal Affairs and Ontario, Insurance Bureau of Canada
No. I believe it is more properly regulated by the Superintendent of Financial Institutions, which is where it is currently regulated. They have the expertise in financial transactions, and I think that's where it should reside.
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