Will a College of Homeopaths make homeopathy more credible?

On April 1st, the Province of Ontario officially created the College of Homeopaths.
The College is a regulatory body, similar to the College of Physicians and Surgeons of Ontario.
Homeopathy is a practice originating in the 18th century.
It is based on the idea that a substance which causes symptoms of a disease in a healthy person can cure that same disease in an ill person, if that substance is highly diluted.
 
Giving homeopaths a College of their own makes some physicians uncomfortable.
David Juurlink, the head of Clinical Pharmacology and Toxicology at Sunnybrook Health Sciences Centre in Toronto, says he and many other doctors feel the government is giving the practice of of homeopathy too much credibility.

I probably speak for the majority when I say that it has no credibility... the idea that we have a College of Homeopaths, really is an embarrassment. We don't have a College of Wizards or a College of Astrologers for good reason.- David Juurlink, head of Clinical Pharmacology and Toxicology at Sunnybrook Health Sciences Centre

Basil Ziv, Registrar of the College of Homeopaths says homeopaths are not in competition with physicians, and the College will simply hold practitioners to certain standards. 

"I think the creation of a College is there for public protection. This is not a competition. Homeopaths are not competing with other professions, it's collaborative, and I think they have a place within the health care community.- Basil Ziv, Registrar, College of Homeopaths of Ontario

But Matthew Stanbrook, a respirologist and Deputy Editor of the Canadian Medical Association Journal, says homeopathy is not a legitimate science, yet the public can still benefit from the creation of a College.
He says the question of legitimacy isn't as substantial as it seems, since many people already consider homeopathy a legitimate health care practice.

It's already being promoted by celebrities, by the fact that in every big drugstore there are big aisles of these products that are indistinguishable from medical products. So given that there's already substantial promotion going on, how much more will this add?- Matthew Stanbrook, Deputy Editor, Canadian Medical Association Journal

Stanbrook says the benefits are that for the first time in Canada, homeopaths will be held accountable for how the treat their customers. 

There are medical conditions that are cleary dangerous if they do not receive medical treatment. There is now a College in Ontario that imposes regulations that say if you fail to do that, that is professional misconduct.- Matthew Stanbrook, Deputy Editor, Canadian Medical Association Journal

So to Stanbrook, depending on the performance of the College, having regulated standards will reinforce that homeopaths must refer clients to conventional physicians in cases where it's clear that homeopathy will not be effective.

The College of Homeopaths will be accountable to the Health Professions Appeal and Review Board of Ontario, which adjudicates all of Ontario's self-regulating Colleges.