If I may briefly add something, it's interesting that the banks actually thrive on using provincial legislation in areas such as providing mortgages, for instance. When provincial legislation enables them to do what they want to do, they're happy with it, but when it might in some ways inconvenience them, then they'd rather not have to abide by provincial legislation. In some cases, that means that consumers will be less well protected than they currently are.
On November 22nd, 2016. See this statement in context.