Discussion paper on revision of the Trust Companies Act and the Loan Companies Act .: IN4-23/1982E-PDF

"During the extensive discussion leading up to the revision of the Bank Act in 1980, it was recognized that the trust companies and loan companies in Canada act as financial intermediaries in receiving deposits and savings from the public and investing or lending the funds so received and that these activities are in many respects identical with certain activities carried on by banks. It was therefore also considered necessary to review in a thorough manner the governing legislation applicable to trust companies and loan companies as soon as reasonably possible following the revision of the banking legislation. ..."--p.1.

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Publication information
Department/Agency Canada. Department of Insurance.
Office of the Superintendent of Financial Institutions Canada.
Title Discussion paper on revision of the Trust Companies Act and the Loan Companies Act .
Publication type Monograph
Language [English]
Other language editions [French]
Format Electronic
Electronic document
Note(s) Digitized edition from print [produced by Finance Canada].
Issued also in French under title: Document de travail sur la révision à la Loi sur les compagnies fiduciaires et à la Loi sur les compagnies de prêt.
"July 1982."
Publishing information [Ottawa] : Dept. of Insurance Canada, 1982.
Description 29 p.
Catalogue number
  • IN4-23/1982E-PDF
Subject terms Trust companies
Loans
Legislation
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