Tolmie Fraser

Discussion relating to Canada’s COVID-19 economic response plan to provide credit through the Business Development Bank of Canada (BDC) and Export Development Canada (EDC) under the Loan Guarantee for Small and Medium-Sized Enterprises, the Co-Lending Program for Small and Medium-Sized Enterprises. Discussion relating to Canada's COVID-19 economic response plan. The Income Tax Act and Excise Tax Act as they relate to the taxation of credit unions, cooperatives and small business. Winding-up Restructuring Act and applicability to credit unions and credit union centrals. The Personal Information Protection and Electronic Documents Act with respect to impact on credit unions and credit union centrals. The Organization for Economic Co-operation and Development (OECD) Common Reporting Standards and potential impacts on credit unions. The Canada Anti-Spam Law as it relates to contraventions under the Act and general impact on credit union operations. Proceeds of Crime (Money Laundering) and Terrorist Financing Act with respect to reporting and compliance obligations of credit unions and credit union centrals. Participated in the Department of Finance consultation on the development of a financial consumer code. Continue to monitor its development. Monitor the financial powers and operations of the Business Development Bank of Canada as being considered during the current statutory Parliamentary Review of the Business Development Bank of Canada. Monitoring housing finance policy as it relates to data collection by the Government, Regulatory Burden and how policy will affect consumers. Issues that impact the competitiveness of credit unions including: Accessibility to Canada Mortgage and Housing Corporation’s (CMHC) default management tools, federal credit union legislation; CMHC's mortgage insurance policies; and anti-money laundering and anti-terrorist financing legislation; social finance and social innovation; financial literacy International Monetary Fund (IMF) - Financial Sector Assessment Program (FSAP) and Article 4 consultations. Income Tax Act - any provision applicable to credit unions including but not limited to (Part XVIII and Part XIX) pertaining respectively to the automatic exchange of financial account information with the United States under the intergovernmental agreement to facilitate compliance with the "The Foreign Account Tax Compliance Act (FATCA) and the automatic exchange of financial account information with jurisdictions other than the US in accordance with the Common Reporting Standard. Financial Action Task Force (FATF) - mutual evaluations of Canada Engaging with all Government stakeholders that are investigating the implementation of an open-banking framework in Canada and how that will affect credit unions and their members. Discussion relating to a national strategy on financial literacy, with respect to the work of the credit unions on financial literacy. Co-operative Credit Associations Act scheduled review of federal financial institutions legislative review due in 2023. Competition Act - merger review standards, performance and fees of the Competition Bureau as they affect credit unions, compliance programs. Canadian Payments Act - Monitor work by the Department of Finance, Bank of Canada and the Canadian Payments Association related to any amendments to CPA Act and proposed modernization initiatives. Canada Deposit Insurance Corporation (CDIC) Act. Monitor the progress of the CDIC review of deposit insurance and participate in any consultations or research initiatives Monitor any resulting changes to the CDIC Act. Bankruptcy and Insolvency Act as it relates to lending practices and priority of security. Monitor and participate in the review of the Act. Bank Act - federal credit union provisions. Competitiveness of credit unions, Section 983 Bank Act - Section 427-429 Bank Act security. The 2025 review of federal financial institutions legislative review. Aboriginal reconciliation- Discussion on

Business Risk Management Programs: Ensure program design and delivery effectively meet the needs of both new and established agricultural producers, with supports that reduce operational risk and assist the long-term stability of agriculture producers. Livestock traceability: Ensuring agricultural stakeholders are engaged in the early development of legislative and regulatory changes to address cost pressures, implementation feasibility, and regulatory burden. Bill C-273 An Act to Amend the Feeds Act, the Fertilizers Act, the Seeds Act, the Pest Control Act and the Food and Drugs Act: to ensure it give farmers faster access to safe and reliable new technologically advanced products or more crop input options. Bill S-238: An Act to enact the Climate-Aligned Finance Act and to make related amendments to other Acts – climate-aligned financial reporting will be a cost burden for agricultural producers, local municipal governments and small businesses in rural Saskatchewan. Agriculture-advocating on policies with regards to research and technology that drives innovation, maximizing productivity, and/or ensuring the sustainability of food systems. National Highway Funding - the need for a dedicated and permanent funding model. Infrastructure: The importance of dedicated funding for rural municipal infrastructure projects to Canada's economy. Firearms: Participating in consultations on reducing rural crime and policy consultations to acts, regulations and programs relative to the possession, acquisition of firearms and disposal of firearms. Emission reductions – Focus on the agricultural practices in Saskatchewan that are contributing to carbon emission reductions while improving the competitiveness and profit of producers. Emergency Management - concerns that rural municipalities have with respect to obtaining operational and capital funding for training, equipment and infrastructure for rural Saskatchewan emergency responders. Critical Minerals - The importance to rural economic development, future energy needs, the economy and agricultural producers in Saskatchewan as well the importance to the Canadian economy and to global food security. Telecommunications: Radio license fees and renewals for public safety responders- discuss the importance for radio license fees and renewals to be at reasonable rates for volunteer emergency responders. Bill C-2: An Act respecting certain measures relating to the security of the border between Canada and the United States and respecting other related security measures. Concerns over wait times, drug trafficking, immigration, and funding. Bill S-230: An Act respecting the development of a natural strategy for soil health protection, conservation and enhancement. The importance of working with municipal governments when determining a national strategy. Water Infrastructure – the need for funding to develop and enhance water storage, conservation and distribution infrastructure for potable and non-potable water. Trade Agreements: Canada-European Union Comprehensive Economic and Trade Agreement, (CETA) and Canada-United States-Mexico Agreement (CUSMA), our request is to better international trade for agriculture producers. The Rural Municipal (RM) Tax Loss Compensation Fund and The Rural Municipal Specific Claims Tax Loss Compensation Fund, which are tied to Saskatchewan Treaty Land Entitlement Framework Agreement, continue to decrease in funds and is unsustainable without municipalities absorbing significant reduction in monies from the Funds. The Agreement needs to be reviewed. Species at Risk Act (SARA) - providing input on consultations to the Committee on the Status of Endangered Wildlife in Canada and amendments to SARA. Rural Healthcare- funding for increase recruitment and retention of healthcare workers in remote and rural areas of Saskatchewan Rural Crime: ensuring rural Saskatchewan is represented in discussions on public safety. Volunteer Emergency Responders Funding - Volunteer emergenc

Nuclear builds and tariffs - codes and standards, supply chain support