The financial sector and the federal Budget 2012 *

Canada - March 30 2012
The March 29, 2012 federal Budget indicates that the Government of Canada will be moving ahead with a few important financial sector initiatives, but the Budget was short on detail.

Co-authors: James Lisson , Robert E. Elliott .

New mortgage underwriting expectations for federally regulated financial institutions *

Canada - March 29 2012
In recent months, the Minister of Finance, the Hon. Jim Flaherty, and Bank of Canada Governor Mark Carney have expressed concern about the high level of Canadian household debt, which has risen significantly in a prolonged low interest rate environment.

Co-authors: Robert E. Elliott , Marvin Mikhail.

Significant proposed changes to Canada’s anti-money laundering and anti-terrorist financing legislation *

Canada - November 21 2011
On November 7, 2011 the Department of Finance (Canada) released its Consultation Paper on Proposed Amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations on Ascertaining Identity (the Consultation Paper).

Co-authors: Koker Christensen, James Lisson , A. Wojtek Baraniak .