Canada’s economy poised to “take off like a rocket” in 2021, according to Benjamin Tal from CIBC. Is your Credit Union prepared to take advantage of the anticipated economic recovery? Reach out to www.acreadvisory.ca for a review of your commercial...
Underwriting with confidence at time of uncertainty. Commercial underwriting challenges Much has been written about the Covid19 pandemic, and its effect on commercial real estate. Physical distancing, stay-at-home protocols, and mandated business closures, have had an...
Covid 19. Commercial Lender Strategies. Credit Unions, large and small, have appropriately been communicating their Covid19 operational plans, most often via social media and website updates. Hours of operation, staff availability, and protocols to protect the health...
A March 18th publication by Torys LLP raises the observation that perhaps its time for OSFI to update its guidance in respect of smaller credit unions wishing to amalgamate with federal credit unions. Credit union amalgamation continues to provide opportunities for...
Borrowers are increasingly choosing on-line sources for consumer loans. Does your credit union have a fintech strategy in place? Read more about this trend here.
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...
