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4. What are the major changes in the banking landscape in Canada as a result of the Bank Act of 2001? (2 Marks) 5. How

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4. What are the major changes in the banking landscape in Canada as a result of the Bank Act of 2001? (2 Marks) 5. How are Canadian banks regulated? In your opinion, are they over regulated or did regulation keep us relatively insulated from the financial meltdowns? (2 Marks) 6. How would you rank Canadian banks as a role model for modern banks worldwide? (1 mark)

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