One is the types of offences the investigative bodies would potentially be able to secure these records for. The schedule of offences is essentially those that have a tie to money laundering, proceeds of crime and terrorist financing.
The second threshold is that there needs to be a reasonable nexus between the information and the investigative body. It can't be a fishing expedition.
The third is the duty to report. The investigative bodies have to file an aggregate to the director of Corporations Canada so that there can be some transparency as to how often a power is being used and who is using it.