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Apr 6, 2017
Collateral Matters - Budget 2017: Financial Sector Update
On March 22, 2017, the Federal government tabled the 2017 federal budget. The 2017 Budget provides guidance on the government’s plan to introduce legislation in a number of areas directed at the financial services sector in Canada, namely: strengthening the bank resolution regime and the deposit insurance framework; increasing oversight of financial market infrastructures; enhancing the Canadian anti-money laundering and anti-terrorist financing regime; supporting financial technology; and introducing a new retail payments oversight framework.