Some questions concerned the rules that apply to provincial entities in relation to the rules that apply to banks. As it stands, the bill doesn't change the situation. Currently, some entities are provincially regulated. These include the caisses populaires Desjardins or entities covered by a provincial licence and governed by a certain number of provincial rules. Moreover, certain banks are currently governed by the Bank Act. The rules aren't necessarily identical.
This bill won't change the situation. For example, provincial entities that operate today according to the provincial rules will continue to do so if this bill is adopted. The two types of entities are governed by two types of regulations, and the bill as it stands won't change this situation.