Government of Nova Scotia Tables Stronger Workplaces for Nova Scotia Act
The Fall legislative session in Nova Scotia has officially begun. On September 5th, the Government of Nova Scotia tabled the Stronger Workplaces for Nova…
September 11, 2024
CCUA Provides Feedback to FSRA on DIRF Target and Transition Timeline
CCUA recently provided a feedback letter to FRSA on behalf of the sector on the Deposit Insurance Reserve Fund (DIRF) target number and transitional…
OSFI’s First Quarterly Review: Public Consultation and Guideline Updates
In its first quarterly release, OSFI announced the following guidelines: E-21: Operational Risk & Operational Resilience The finalized E-21 guideline proposes a layered implementation…
Department of Finance Consultation on Proposals to Strengthen Canada’s Financial Sector
On August 12th, 2024, the Department of Finance released its Consultation Paper: Proposals to Strengthen Canada’s Financial Sector (the “Consultation”), marking the third phase…
Department of Finance Completes Final Consultation on Consumer-Driven Banking Framework Legislation
On Friday, August 30th, the Department of Finance held its final consultation on Canada’s Consumer-Driven Banking Framework (e.g., open banking) with credit union stakeholders…
Beem Credit Union and Blueshore Financial Credit Union Enter Into Merger Discussions
Beem Credit Union recently announced that it is exploring a proposed merger with BlueShore Financial. This merger is aimed at helping the the credit…
Correction: ICAAP Data Return in Effect
Last week, in our communication on OSFI’s Internal Capital Adequacy Assessment Process (ICAAP) Data Return template, we stated that the effective date was September 3, 2025,…
September 10, 2024
CCUA Response to Consultation on Protecting Canadians from Predatory Lenders by Strengthening the Criminal Code
CCUA is pleased to participate in the Department of Finance’s “Consultation on Protecting Canadians from Predatory Lending.” As a champion for consumer protection, the…
September 9, 2024
2024 Financial Literacy Month – Get Your Promotional Toolkit
November is Financial Literacy Month! During Financial Literacy Month, the Financial Consumer Agency of Canada (FCAC) engages with Canadians and collaborates with organizations from…
Credit Unions and Housing Affordability Report: Canadian Trends and Opportunities
CCUA is pleased to have partnered with Conestoga Social Innovation Lab on its Credit Unions and Housing Affordability Report as part of its work…