Yes, in part.
You said it mainly involves training. You referred to the Senior Safe Act. I'm not at all familiar with the legislation, but my guess is that it involves more than just training.
You said bank employees are able to report the exploitation or abuse of seniors. I think it would be a good idea to implement something similar in Canada. Those who work at financial institutions should definitely be on the lookout for financial exploitation. That's a good idea.
Nevertheless, does the act stipulate anything else? Do you know whether it sets out specific penalties, say, in relation to the physical abuse or neglect of seniors?