Major Credit Union Sector Tax Reform Passes into Law as Bills C-59 and C-69 Receives Royal Assent
On June 20, Bill C-59, Budget Implementation Act, No.2, 2023 (the 2023 Fall Economic Statement Budget Bill) and Bill C-69, the Budget Implementation Act, No. 1, 2024 (the 2024 Federal Budget…
June 26, 2024
Government Professionals of Canada Webinar: Recording and Additional Resources Now Available
Corporate governance continues to evolve driven by high-performing boards, new standards, and evolving stakeholder expectations. One area undergoing transformation is the board’s role in oversight…
June 25, 2024
Celebrating Pride Month: Embracing Diversity and Inclusion in the Credit Union Community
Pride Month is an opportunity to share and celebrate the commitment to diversity and the celebration of differences that are core to the credit…
June 24, 2024
Coming this September: The Board Knowledge Portal
We’re excited to announce the launch of our newest board training and development tool: The Board Knowledge Portal! What is it? The Board Knowledge…
June 21, 2024
Members Approve Uniquely Manitoban Credit Union Merger
Members of Assiniboine Credit Union, Caisse Financial Group, and Westoba Credit Union recently voted in favour of a merger, creating a uniquely Manitoban credit…
June 20, 2024
TD’s New Generative AI Platforms, and More
In one pilot application, TD’s generative AI assistant is being used to support customer service agents at the bank’s contact centres. When contact centre…
June 19, 2024
Members of Community, New Ross, and Victory Credit Unions vote for merger
Community, New Ross, and Victory Credit Unions have received approval from their members to merge, forming a new entity set to commence on January…
Last Call for Securitization Guidance Feedback
Last Call for Securitization Guidance Feedback This will be the last call for proactive feedback to improve the current Securitization Guidance. A public consultation on…
FCAC Updates to Bulletin & Guidance
CCUA recently met with FCAC, who confirmed that it will be updating its bulletins and guidance over the course of this summer. While the…
OSFI holds Domestic Stability Buffer at 3.5%
On June 18, OSFI announced that the Domestic Stability Buffer (DSB) will remain at 3.5% of total risk-weighted assets. This level was announced in…
