New Credit Union Securitization Guidelines

New Credit Union Securitization Guidelines

Effective September 1, 2018 Ontario Credit Unions must now provide greater oversight and risk management protocols with respect to credit securitization. MNP, a leading Canadian business consulting, tax, and accounting firm, recently summarized the changes in a...
Bank of Canada Rate Announcement

Bank of Canada Rate Announcement

Investors woke up today to one of the largest single day drops in Government of Canada bond yields in recent memory. This fell on the heels of the Bank of Canada Rate Announcement yesterday, that the policy rate would remain unchanged at 1.75%. Several factors seemed...

Credit Unions – Recent Merger News

In Ontario, Members from the 11 Ontario caisses populaires and delegates of the Fédération des caisses populaires de l’Ontario (FCPO) voted overwhelmingly in favour of a merger during special general meetings held in late November 2018.  The new Desjardins...