SUPPORTING A ROBUST CREDIT UNION
SYSTEM ACROSS CANADA
The federal credit union legislative framework provides an option for credit unions that seek to grow regionally or nationally. Recognizing that credit unions considering the federal framework may face transition challenges, the Government will propose legislative measures to provide targeted protection against transitional risks and facilitate a smooth entry process.
Looking Like Budget Soup, if you ask me.
More like a hook by crook bail-in snare, hmmmmm!
https://www.budget.gc.ca/2016/docs/plan/budget2016-en.pdf#page225
Seeking truth for all
pax