Credit Union Central Alberta

Ensuring that credit unions consolidation efforts are not impeded upon or overly burdensome due to regulation. Address credit union concerns relating to cost and access to the payment systems, as a result of continual delays with payment modernization/ real time rail. Financial Sector Legislative Review - ensuring that credit union perspectives are considered throughout the scheduled financial sector legislative review, and that the review occurs in a timely manner. Ensuring that credit unions are able to offer government relief programs to their members at the same time as banks are. Ensuring that credit unions are able to fully participate in an open banking framework, including collaboration between federal and provincial governments to align legislation/ regulation for federal and provincially regulated financial institutions. Ensure minimal impact to credit unions as a result of the phasing out of the credit union federal tax deduction. Ensure minimal impact to credit unions as a result of policy changes contemplated by the federal government regarding mortgage insurance and mortgage eligibility requirements. Ensure credit union system positions on taxation are conveyed to government stakeholders during the federal government's ongoing review of the Canadian tax system. Changes to Farm Credit Canada's market conduct to ensure level competition with private sector financial institutions.