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On October 5, 2017, the Quebec government submitted Bill 141: An Act primarily to improve the supervision of the financial sector, the protection of deposits of money and the operating regime of financial institutions.
Option consommateurs has serious concerns about the proposed amendments, which represent a fundamental step backwards in the supervision of this sector. These loopholes will undermine consumer protection in a sector where they are vulnerable.
This page lists several articles on Bill 141 andOption consommateurs 's contributions to the issue.
A petition opposing Bill 141 has been posted on the Quebec National Assembly website.
Video summarizing Bill 141 and its repercussions
June 12, 2018
Passage of Bill 141 - The glass is half full...
May 31, 2018
Minister, consumer associations know what they're talking about!
May 23, 2018
Insurance: 80% of Quebecers don't read their contracts
May 22, 2018
Do you really know what your insurance policy covers?
May 09, 2018
Bernard Landry and three former parliamentarians attack Bill 141
May 07, 2018
. Withdrawal of Bill 141 - Quebec consumer associations form a movement for the immediate withdrawal of Bill 141
The Coalition des associations de consommateurs du Québec (CACQ), Option consommateurs and Union des consommateurs are speaking with one voice to the National Assembly, the government and the Minister of Finance, the Honourable Carlos J. Leitão, to call for the withdrawal of Bill 141, and they invite all stakeholders who share their concern to join them in this request.
- Nearly half of Quebecers are unaware of all the exclusions in their insurance contracts
- 80% of consumers don't read their contracts, or only read part of them, which can lead to nasty surprises when it comes to making a claim.
- Only 19% of Quebecers are aware that sewer backup is not a basic coverage in home insurance policies, and 76% of respondents were unaware that recurring headaches can affect their life insurance coverage.
. Consumer protection: Bill 141 is a "monster
Article published on Le Soleil website
. Consumer protection: Leitao urged to withdraw Bill 141
Article published on La Presse website
March 20, 2018
What are the consequences of Bill 141?
Article published on the Droit-Inc website
March 08, 2018
Bill 141: "We allow the fox to say who will have access to the henhouse".
Interview with Jacques St Amant at Protégez-vous
March 07, 2018
"The disturbing measures in Bill 141".
Open letter from Union des consommateurs
February 28, 2018
"The Chamber calls on Minister Leitão; 2,000 Internet users find out".
Article published on the Journal de l'assurance website
February 26, 2018
"Online insurance: heading for disaster?
Article published on the Conseiller.ca website
February 24, 2018
. "Funeral insurance revived... in discord".
Article published on La Presse website
. "Bill 141: a cry of alarm from two former parliamentarians".
Article published on the Le Soleil newspaper website. A similar article appeared in Le Devoir on February 13.
February 22, 2018
"Samuel Archibald's case: the Chamber expresses its concerns".
Article published on the Journal de l'assurance website, where "the Chambre de sécurité financière listed a number of concerns following the media coverage of Samuel Archibald's case".
February 21, 2018
"PL 141: complaints handling criticized
Interview with Alain Paquet, professor at the École des sciences de la gestion (ESG UQAM), former minister responsible for the financial sector and former chairman of the National Assembly's Finance Committee.
February 17, 2018
Interview with Me Annik Bélanger-Krams on the Faut pas croire tout ce qu'on dit program
February 14, 2018
"Consumers will bear the brunt of Bill 141".
Article published on the Conseiller.ca website
Bill 141 raises many concerns for public protection warn several groups and personalities | @OptionConso @belandclaude @maxgaut @fabienmajor. https://t.co/rwxWhuTWWw
- ChambreSF (@Chambresf) February 14, 2018
February 12, 2018
Option consommateurs joined fifteen other personalities and organizations in denouncing the shortcomings of Bill 141.
#PL141: Option consommateurs has joined some fifteen personalities and organizations in denouncing the shortcomings of Bill 141, reiterating its concerns https://t.co/Byf4HC0QZg
- Option consommateurs (@OptionConso) February 16, 2018
February 6, 2018
"Bill 141: funeral insurance under attack".
Article published on the Journal de l'assurance website
January 19, 2018
. The Chambre de l'assurance des dommages has expressed serious reservations about Bill 141 in parliamentary committee.
(resumed) The ChAD expressed serious reservations about Bill 141 yesterday in parliamentary committee. Read the brief and watch the ChAD passage to learn more. #pl141 https://t.co/F6JUJLWbEi
- ChAD (@Chad_qc) January 19, 2018
. "Bill 141 opens a debate on consumer protection".
Article published on Le Devoir website
. "Financial advisors fear that "anyone" will try to take on their role"
Article published on TVA Nouvelles website
Bill 141: Financial advisors fear "anyone" will try to assume their role https://t.co/hs7dHiMRzh pic.twitter.com/UpSH1um5Mm
- TVA nouvelles (@tvanouvelles) January 19, 2018
January 18, 2018
Presentation of the brief to the Public Finance Committee
In attendance: Annik Bélanger-Krams, lawyer at Option consommateurs, Christian Corbeil, director of the organization, and Alain Paquet, professor of economics at ESG UQAM.
January 17, 2018
"Consumer groups denounce new bill "
Article published on TVA Nouvelles website
Financial services - Consumer groups denounce new bill https://t.co/qZ921WQy4i pic.twitter.com/BnqUyRUjr0
- TVA nouvelles (@tvanouvelles) January 17, 2018
January 16, 2018
. "To avoid a rollback of consumer protection in the financial products and services sector, Option consommateurs and the Coalition des associations des consommateurs du Québec are proposing major changes."
. "The planned abolition of self-regulatory bodies is a cause for concern".
Article published on the Radio-Canada website
December 1, 2017
"Public protection has a wide back".
Article published on the Finance et Investissement website
November 16, 2017
Interview with Me Annik Bélanger-Krams on Les Éclaireurs TV show
October 25, 2017
. Speech by Me Annik Bélanger-Krams on the RDI Économie program
Is consumer protection at stake with the reform of financial products in Quebec? Annik Bélanger-Krams of@OptionConso. pic.twitter.com/hNj47Ioaxv
- Gérald Fillion (@geraldfillion) October 25, 2017
. "An unacceptable step backwards for consumers
Stéphanie Grammond's column in La Presse +.