The Trust and Loan Companies Act is the primary legislation governing all federally regulated trust and loan companies in Canada. This Consolidation provides all legislation, regulations, and policy guidelines for practitioners.

New and revised in this Edition:

Updates to legislation and regulations:

Trust and Loan Companies Act, S.C. 1991, c.45
Canada Deposit Insurance Corporation Act, R.S.C., 1985, c. C-3
Canada Deposit Insurance Corporation Co-owned and Trust Deposit Disclosure By-law, SOR/2019-312
Canada Deposit Insurance Corporation Prescribed Practices Premium Surcharge By-Law, SOR/94-142
Competition Act, R.S.C. 1985, c. C-34
Financial Consumer Agency of Canada Act, S.C. 2001, c. 9
Regulations Implementing the United Nations Resolutions on the Suppression of Terrorism, SOR/2001-360

New Guidelines, Rulings, Advisories:

OSFI’s Intelligence-led Cyber Resilience Testing (I-CRT) Framework
Capital Ruling 07/2020 Limited Recourse Capital Notes
Culture and Behaviour Risk Guideline

Updated Guidelines:

Draft Guideline B-10[2] Third Party Risk Management Guideline
B-15 Climate Risk Management

New Filing Instructions, Returns and Penalties:

Parental Stand-Alone (Solo) TLAC Framework for Domestic Systemically Important Banks (D-SIBS)
Interim arrangements for the regulatory capital and liquidity treatment of cryptoasset exposures

Updated Filing Instructions, Returns and Penalties:

Reporting Requirements for Deposit-Taking Institutions
Administrative Procedures for the Late and Erroneous Filing Penalty (LEFP) Framework

Books

Legal

Recommended Products

Consolidated Trust and Loan Companies Act and Regulations 2026

Consolidated Trust and Loan Companies Act and Regulations 2026