The Bank Act was amended in 2010 to, indeed, allow for the creation of known entities such as quasi-banking cooperatives, if you will.
On March 8th, 2012. See this statement in context.
On March 8th, 2012. See this statement in context.
Managing Director, Legislation and Policy Initiatives, Office of the Superintendent of Financial Institutions
The Bank Act was amended in 2010 to, indeed, allow for the creation of known entities such as quasi-banking cooperatives, if you will.
See context to find out what was said next.