I-13.2.2 - Deposit Institutions and Deposit Protection Act

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1.2. For the purposes of this Act, financial institution activities are, in addition to deposit institution activities and credit, the activities that a legal person may not carry on without being an authorized financial institution or a bank within the meaning of the Bank Act (S.C. 1991, c. 46).
2009, c. 58, s. 3; 2018, c. 232018, c. 23, s. 350.
1.2. In this Act, unless the context indicates a different meaning,
bank means a bank listed in Schedule I or II of the Bank Act (S.C. 1991, c. 46);
equivalent scheme means any law providing protection to depositors that is similar to the protection provided by this Act;
institution means a legal person other than a bank;
registered institution means an insurer that holds a licence under the Act respecting insurance (chapter A-32), a financial services cooperative within the meaning of the Act respecting financial services cooperatives (chapter C-67.3), a trust company or a savings company that holds a licence under the Act respecting trust companies and savings companies (chapter S-29.01) or any other institution determined by regulation that holds a permit under this Act.
2009, c. 58, s. 3.
See special transitional provisions, S.Q. 2018, c. 23 , s. 392.
1.2. In this Act, unless the context indicates a different meaning,
bank means a bank listed in Schedule I or II of the Bank Act (Statutes of Canada, 1991, chapter 46);
equivalent scheme means any law providing protection to depositors that is similar to the protection provided by this Act;
institution means a legal person other than a bank;
registered institution means an insurer that holds a licence under the Act respecting insurance (chapter A-32), a financial services cooperative within the meaning of the Act respecting financial services cooperatives (chapter C-67.3), a trust company or a savings company that holds a licence under the Act respecting trust companies and savings companies (chapter S-29.01) or any other institution determined by regulation that holds a permit under this Act.
2009, c. 58, s. 3.