Regulation of Retail Payments in Canada - The Retail Payments Activities Act Has Arrived
By EsqSocial Corporation 04/05/21
As was expected and announced in Budget 2021: A Recovery Plan for Jobs, Growth and Resilience, on April 30, 2021 the federal government released Bill C-30 containing, among other things, a draft of the long-awaited Retail Payments Activities Act (RPAA). While the devil will be in the detail of the implementing regulations, much can be gleaned from a review of the provisions of the RPAA as drafted....
By: Blake, Cassels & Graydon LLP