Trust and loan companies

The Trust and Loan Companies Act is the primary legislation governing all federally regulated trust and loan companies in Canada. FCAC is responsible for administering the sections of the Act designated as consumer provisions, in addition to monitoring the compliance of federally regulated financial institutions with codes of conduct and public commitments.

The complete text of the Act is posted on the Department of Justice Canada’s website. For your convenience, we have also extracted the specific sections related to consumer provisions.

Trust and Loan Companies Act

Sections related to consumer provisions:

Trust and Loan Companies Act Regulations

Codes of conduct

Public commitments

Fraud protection

Several organizations and institutions have made formal commitments to protect consumers from the unauthorized use of their credit cards. These commitments outline consumers’ liability in relation to fraudulent transactions on their credit cards.

Page details

Date modified: