Report on the application of the Act respecting financial services cooperatives

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On December 5, 2013, the Minister of Finance and the Economy, Nicolas Marceau, tabled in the Report on the application of the Act respecting financial services cooperatives. He also announced that a public consultation would be held on the revision of the act.

The report contains proposals that will serve as guidelines for changes to the existing legislative framework to adapt it to the development of financial services cooperatives and the requirements of the new international standards that have been imposed on financial institutions following the recent financial crisis.

Press release [French only]

Public consultation

Those interested are invited to view the proposals in the report and comment on them in writing before February 14, 2014.

Unless expressly requested otherwise by the author, the briefs received will be published here.

Discussion Paper

Report on the application of the Act respecting financial services cooperatives (1.82 Mb)

Brief tabled during the consultation

Mouvement des caisses Desjardins
Mémoire (312 Kb) [French only]