British Columbia Advocacy News – February 6
BCFSA Loan Data Requirements Consultation CCUA is preparing a submission in anticipation of BCFSA’s consultation on Loan Data Requirements which is expected on March…
February 6, 2024
Federal Government Announces Two-Year Extension to Ban Foreign Home Purchasing of Canadian Housing
On February 4th, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced that the federal government intends to extend the existing…
OSFI Releases Final Integrity and Security Guideline
On January 31, 2024, the Office of the Superintendent of Financial Institutions (OSFI) published the final Integrity and Security Guideline. The Guideline is designed to…
Are You the Right Person to Respond to the Annual ESG Survey? Let us Know!
CCUA’s annual credit union ESG survey will be launching later this month. In preparation for this, CCUA is working to update its contact list…
YNCU Launches YNCUniversity to Provide Accessible Financial Workshops to Communities Across Ontario
Financial literacy is critical to helping Canadians make informed financial decisions in today’s complex and interconnected world. YNCU recently announced the launch of YNCUniversity,…
February 5, 2024
New! Consultation on the Draft Canadian Sustainability Standards to launch in March
The Canadian Sustainability Standards Board (CSSB) is set to approve its draft sustainability standards soon and launch a consultation in March. This will be…
Black History Month 2024
Black History Month kicked off this week, and we will be honoring and recognizing the contributions of Black Canadians across the nation. This year’s…
February 2, 2024
Compliance News – February 1
Please use this webpage along with the Regulatory Compliance page, as the latter has sections devoted to critical areas, such as AML, FATCA, and…
February 1, 2024
OSFI Publishes Guideline B-15 Readiness Self-Assessment Questionnaire: What we heard report
To gauge Financial Regulated Financial Institution (FRFI) readiness to meet the Guideline B-15 expectations by the implementation timelines, OSFI issued a Guideline B-15 readiness…
January 31, 2024
Bank of Canada Maintains Policy Rate
Last week, the Bank of Canada held its overnight rate at 5%. At the same time, the Bank issued its quarterly Monetary Policy Report,…
January 30, 2024
