Standing Senate Committee on Banking, Commerce and the Economy (BANC) (May 30, 2014)
ISSUE: FCAC’s Guideline on Existing Consumer Mortgage Loans in Exceptional Circumstances

Key points

Qs & As

1. What is an FCAC Guideline? What purpose does it serve?

2. Is the Guideline necessary? Aren’t financial institutions already providing relief measures?

3. What type of relief measures should financial institutions follow when offering relief measures to consumers?

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2025-09-08