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Finance committee  Proposed subsection 28(1) discusses what information is privileged, and then proposed subsection 28(2) provides certain exemptions from that. For example, if there's consent of the other party, then that information can be disclosed. That's how they work together.

May 30th, 2017Committee meeting

Shawn Grover

Finance committee  There are equivalent provisions in the EDC and BDC acts for violations under the privileged information provision. They would also be offences under those acts.

May 30th, 2017Committee meeting

Shawn Grover

Finance committee  There is, for example, a higher standard for auditors, so in the FAA it could be the Auditor General or a private sector auditor. Here, in the infrastructure bank act, it's joint auditors. There's an additional provision in the FAA for acquiring subsidiaries. Typically that requi

May 30th, 2017Committee meeting

Shawn Grover