We feel that this act provides appropriate compliance tools to the Bank of Canada. For instance, it can issue fines and it can revoke licences. It's been my experience, in working with the bank over several years, that they're full of moxie.
Director General, Financial Services Division, Financial Sector Policy Branch, Department of Finance
We feel that this act provides appropriate compliance tools to the Bank of Canada. For instance, it can issue fines and it can revoke licences. It's been my experience, in working with the bank over several years, that they're full of moxie.
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