The amendments proposed in this bill pertain only to federal regulation and federal legislation. They do not touch directly upon provincial regulation or legislation. Provincial rules will continue to apply where they apply and where they are appropriate. The amendments included herein stipulate that the banks that are subject to these provisions should follow this comprehensive set of rules nationally to ensure that consumers have a consistent, comprehensive framework of rights from coast to coast to coast.
On November 28th, 2016. See this statement in context.