Throughout 2025, Nova Scotia credit unions have worked in partnership with CCUA to review the current Act and regulations and make recommendations to bring them in line with the demands of today’s financial services sector. Credit unions will soon finalize their proposals, which include a greater range of options for mergers, increasing the ability to offer insurance products to members, and formalizing the ability to hold meetings electronically. We expect to submit completed recommendations in March, with a target of seeing legislative amendments introduced in the Fall 2026 session.