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Cheryl Rose's avatar

When you only eat raw vegan organic food the only prepping to be done in these times is cheap death arrangements…

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Doreen's avatar

Status and Powers of Banks - Canada May 24.23

Part II is s 21(1), presents a “sunset clause” for the Act – a feature more-or-less unique to banking. Section 21(1) requires Parliament to pass new legislation within a given period to ensure continuity of the Act and business it permits. If the “sunset date” passes, Canadian banks and authorized foreign bank branches must cease business within Canada. And, like other sunset clauses, this notionally ensures the Bank Act is reviewed regularly. However, the sunset date can be – and has been – moved by acts of Parliament, such as with Bill C-30, which received Royal Assent in 2021 and pushed back the sunset date for the Bank Act to June 30, 2025 https://www.torrielaw.ca/status-and-powers-of-banks/

I wrote to TD Canada Trust requesting clarification of 21 (1) Subject to subsections (2) and (4)

https://laws-lois.justice.gc.ca/eng/acts/b-1.01/page-4.html

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