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CHAPTER 1: THE 1990s: STEPS IN THE RIGHT DIRECTION
EVOLUTION OF THE FINANCIAL SERVICES SECTOR
WHY IS THE TASK FORCE REPORT SO IMPORTANT?
WHAT DOES THE COMMITTEE SEEK TO ACHIEVE?
CHAPTER 2: THE CHANGING FACE OF THE FINANCIAL SECTOR IN CANADA
CHAPTER 3: COMPETITION AND COMPETITIVENESS
How Well Are Canadians Served by the Financial Services Sector?
1. Encouraging New Domestic Entrants
2. The Role of Foreign Institutions
3. The Link Between Technology and Foreign Competition
4. Expanded Powers for Existing Institutions
5. The Empowerment of Consumers
ENHANCING COMPETITION BY ALLOWING EXPANDED POWERS FOR FINANCIAL INSTITUTIONS
The Specific Arguments Against Expanded Powers
A Flexible Definition of Wide Holdings
The Importance of Canadian Control
Financial Holding Companies (FHC)
CHAPTER 4: FINANCIAL SECTOR CONSOLIDATION AND THE MERGER REVIEW PROCESS
Mergers and Acquisitions Around the World
Mergers and Acquisitions in Canada
No Mandate to Examine Bank Mergers
Mergers and the Impact of Greater Size
The Public Interest: the Priority
CHAPTER 5: REGULATION
Prudential Regulation in a Modern Environment
Streamlining Regulatory Processes
Regulating New Entrants Without a Physical Presence
CHAPTER 6: CONSUMER EMPOWERMENT
Other Consumer Empowerment Measures
Protection of Personal Privacy
CHAPTER 7: CORPORATE CONDUCT AND CANADIANS EXPECTATIONS
Community Accountability Statements
APPENDIX A - List of Witnesses
APPENDIX B - List of Submissions
APPENDIX C - Members of Parliament who held Townhall Meetings
DISSENTING OPINION OF THE OFFICIAL OPPOSITION (REFORM PARTY)
DISSENTING OPINION OF THE BLOC QUÉBÉCOIS
DISSENTING OPINION OF THE NEW DEMOCRATIC PARTY
DISSENTING OPINION OF THE PROGRESSIVE CONSERVATIVE PARTY