Province cutting red tape for Credit Unions

Nipissing MPP and Ontario provincial Finance Minister Vic Fedeli appeared in his constituency office in North Bay today, to reconfirm Ontario’s efforts to modernize legislation governing credit unions. As reported in Baytoday.ca  the proposed changes are part of...
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...

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...