La participation des consommateurs à l'élaboration des règlements qui seront établis en vertu des amendements prévus à la Loi sur les banques (in French only)

Author

Jacques Saintt-Amant

Organization

Option consommateurs

Published

2002

Summary

After extensive consultation and consideration, Canada’s finance minister tabled, first in late 2000 and again when Parliament reconvened in 2001, a bill establishing the Financial Consumer Agency of Canada (FCAC) and amending legislation related to financial institutions, which was finally passed by Parliament and received assent in June 2001. A number of the provisions of this legislation had a direct impact on the rights and obligations of consumers who deal with financial institutions established under federal legislation, particularly banks. Overall, these new measures expand the rights of consumers, and were quite favourably received. The real impact of a good number of the innovations, however, depends on the content of the delegated legislation which sets the terms and conditions for the implementation of these legislative changes. Consequently, it is important to ensure consumer participation in the process for developing these standard-setting instruments. Option consommateurs will present here a brief evaluation of its participation in the process.

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French only

OCA Funded Research
This research received funding support through the Office of Consumer Affairs' Contributions Program.


Contact information

Address
50 Sainte-Catherine street West, Suite 440
Montreal, Quebec
H2X 3V4
Telephone
(514) 598-7288
Fax
(514) 598-8511

Source: Consumer Policy Research Database

Date Modified: