B.C. credit unions say they are a vital service and should not face the removal of a long-standing preferential tax rate
FirstOntario Investments’s new website provides easy access to the firm’s team of IIROC-licensed financial advisors
New offering will be a “full-service alternative” to Canada’s big banks
The guide sets out the two phases of that application process and outlines the information that must be submitted in support of an application to the finance minister
New Brunswick-based caisse populaire switches to federal charter
Qtrade will provide the credit union and its subsidiary access to its full-service platform for investment services
Proposals include raising the deposit insurance coverage limit and allowing CUs to own insurance brokerages
OnPoint Fee-Based Account, which has been rolled out over the past several weeks, allows advisors at Credential’s credit union partners to charge a set percentage fee
Credit unions argue that, because they cannot own insurance subsidiaries, they shouldn't be subject to same rules as banks
New, larger institution would be able to take on the banks