Ontario launches FSRA

Ontario launches FSRA, the Financial Services Regulatory Authority. FSRA will replace the Financial Services Commission of Ontario (FSCO) , as well as the Deposit Insurance  Corporation of Ontario (DICO). FSRA will regulate the provinces insurance sector, pension...

Ontario caisse merger: stronger together

Late in November 2018, members from 11 caisses populaires and delegates from the Federation des caisses populaires des l’Ontario, voted overwhelming to merge. Opening in January 2020, the new Desjardins Ontario Credit Union, will have 50 branches and over $13.6...

New Rules for Ontario Credit Unions

Ontario Credit Unions are now able to participate in Bank led loan syndications. Previously, Ontario Credit Unions were able to participate in only in loan syndications lead by a sister provincially regulated Credit Union. The new rules, put in place in December,...