Finance committee  You mentioned a definition of low-cost accounts compared to no-cost accounts. Currently, as Ms. Ryan explained a few minutes ago, this is subject to an agreement under which financial institutions are committed to providing accounts. When we say “no-fee”, it's free, and “low-fee

Finance committee  Yes. Generally speaking, all legislation is drafted by the people at the Department of Justice. All bills are subject to an approval and verification process, through which the Department of Justice has an opportunity to review every clause in order to determine whether it raises

Finance committee  I'm not sure I understand your question.

Finance committee  There again, not being a constitutional expert, I'm reluctant to comment. That said, the Constitution expressly lays out banks and banking as an area of federal jurisdiction. It is that test, then, that is administered. Perhaps in other cases, there is more ambiguity. Perhaps th

Finance committee  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

Finance committee  Okay.