Refine by MP, party, committee, province, or result type.
Finance committee This definition is already in the legislation. The reason is that this is used for the calculation of certain delays and timing in the act. We just wanted to keep the status quo in terms of the number of days that pass when certain events occur. It's a reference. It doesn't defin
November 5th, 2018Committee meeting
Jean-François Girard
Finance committee The protections are provided for under proposed subsection 979.4(1) and below.
November 5th, 2018Committee meeting
Jean-François Girard
Finance committee The penalties would be the same as in the other parts of the act, so they are the same penalties.
November 5th, 2018Committee meeting
Jean-François Girard
Finance committee Yes, so in the civil penalties, it's up to $10 million per violation. You do have an offence under the act being a criminal offence that could be prosecuted as well in principle.
November 5th, 2018Committee meeting
Jean-François Girard
Finance committee They're the same. The—
November 5th, 2018Committee meeting
Jean-François Girard
Finance committee Yes, the limits are set in the FCAC Act and they apply to all the provisions under the administration of the agency.
November 5th, 2018Committee meeting
Jean-François Girard
Finance committee I'm a Director at the Finance department. I'll ask Ms. Goulard to answer you.
November 5th, 2018Committee meeting
Jean-François Girard
Finance committee The protections, as I mentioned, can be administered from an administrative perspective to ensure that the institutions comply, but it could be prosecuted as a criminal offence as well. People would be protected through these provisions here.
November 5th, 2018Committee meeting
Jean-François Girard
Finance committee For the agency to administer the provision, it has to be aware of the case. Either the individual will report it to the agency or the agency will discover these events through other means of supervision that they carry under their mandate. Once they have the information, they can
November 5th, 2018Committee meeting
Jean-François Girard
Finance committee One aspect of the proposal is for the commissioner to be able to direct actions to the bank to become onside of a breach. In this case you're describing a breach of these sections. If they have laid off a person, that would be a breach of that section and they could use different
November 5th, 2018Committee meeting
Jean-François Girard
Finance committee This set of provisions requires one document, so it could be a statement of benefit, and somebody in the organization that you mentioned could vouch for the identity of the person. It really streamlined the process, but you do need at least one document that would tell who you ar
November 5th, 2018Committee meeting
Jean-François Girard
Finance committee Right.
November 5th, 2018Committee meeting
Jean-François Girard
Finance committee Currently there's no requirement on whistle-blowing in the Bank Act. The legislation is silent about it. The government decided to propose a specific protection on the one hand, and on the other hand ensure the banks have programs that cover the entirety of their operations. Mos
November 5th, 2018Committee meeting
Jean-François Girard
Finance committee As a customer, you would have the option of setting these thresholds. If you have a deposit account, and you want to be notified when your balance goes to $500 or $200 or $50, you would be able to set that. Once the threshold is reached, you would get a notice by the electronic m
November 5th, 2018Committee meeting
Jean-François Girard
Finance committee Do you have the section number for this?
November 5th, 2018Committee meeting
Jean-François Girard