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New Regulatory Framework for Canadian Retail Payments Coming in 2019

New Regulatory Framework for Canadian Retail Payments Coming in 2019

Gowling WLG | Jeffrey Roode, Partner | Aug 12, 2019 In its budget released in March, the Canadian federal government confirmed that it plans to introduce legislation in 2019 to implement a new retail payments oversight framework.  It is proposed that the Bank of Canada will would oversee this regulatory framework. This is a significant