Banks and Consumer Protection: Not Exclusively Parliament’s Jurisdiction

(Disponible en français : Banques et protection des consommateurs – Une compétence fédérale, mais pas exclusivement) In recent rulings, the Supreme Court of Canada clarified some constitutional issues concerning federal and provincial authority in regulating certain banking practices. Section 91(15) of the Constitution Act, 1867 gives Parliament the power to regulate “banking, incorporation of banks…