Registration - In-house Organization
Canadian Credit Union Association / Association canadienne des coopératives financières / MARTHA DURDIN, President & Chief Executive Officer
Version 33 of 34 (2020-01-16 to 2020-01-20)
- Aboriginal Affairs
- Consumer Issues
- Financial Institutions
- Privacy and Access to Information
- Small Business
- Taxation and Finance
Subject Matter Details
Legislative Proposal, Bill or Resolution
- Bank Act - federal credit union provisions. Competitiveness of credit unions, Section 983 Bank Act - Section 427-429 Bank Act security and preparation for government's next scheduled review of federal financial institutions legislative review in 2019.
- Bankruptcy and Insolvency Act as it relates to lending practices and priority of security. Monitor and participate in the review of the Act.
- 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.
- 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.
- Co-operative Credit Associations Act scheduled review of federal financial institutions legislative review due in 2019.
- Competition Act - merger review standards, performance and fees of the Competition Bureau as they affect credit unions, compliance programs.
- Income Tax Act (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.
- 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.
- Participated in the consultation on Security and Prosperity in the Digital Age: Consulting on Canada's Approach to Cyber Security to provide feedback relating to cyber security.
- Proceeds of Crime (Money Laundering) and Terrorist Financing Act with respect to reporting and compliance obligations of credit unions and credit union centrals.
- Seeking a review of the mandate, financial powers and operations of Farm Credit Canada (FCC) and FCC's competitive position relative to credit union agricultural lenders.
- The Canada Anti-Spam Law as it relates to contraventions under the Act and general impact on credit union operations.
- The Income Tax Act as it relates to the taxation of credit unions, cooperatives and small business.
- The Personal Information Protection and Electronic Documents Act with respect to impact on credit unions and credit union centrals.
- Winding-up Restructuring Act and applicability to credit unions and credit union centrals.
Legislative Proposal, Bill or Resolution, Policies or Program, Regulation
- Aboriginal reconciliation- Discussion on federal policies, programs and initiatives aimed at enhancing aboriginal economic development opportunities and engaging in reconciliation.
Policies or Program
- Discussion relating to a national strategy on financial literacy, with respect to the work of the credit unions on financial literacy.
- Ensuring the implementation of the federal government's "Small Business Lens" policy framework in policy areas that impact credit unions.
- Financial Action Task Force (FATF) - mutual evaluations of Canada
- International Monetary Fund (IMF) - Financial Sector Assessment Program (FSAP) and Article 4 consultations.
- Issues that impact the competitiveness of credit unions including: 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
- Monitoring housing finance policy as it relates to data collection by the Government, Regulatory Burden and how policy will affect consumers.
- Participated in the Department of Finance consultation on the development of a financial consumer code. Continue to monitor its development.
- The Organization for Economic Co-operation and Development (OECD) Common Reporting Standards and potential impacts on credit unions.
Policies or Program, Regulation
- 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.
- Written communication
- Oral communication
- Grass-roots communication
- Agriculture and Agri-Food Canada (AAFC)
- Bank of Canada
- Business Development Bank of Canada (BDC)
- Canada Deposit Insurance Corporation (CDIC)
- Canada Mortgage and Housing Corporation (CMHC)
- Canada Revenue Agency (CRA)
- Employment and Social Development Canada (ESDC)
- Export Development Canada (EDC)
- Farm Credit Canada (FCC)
- Finance Canada (FIN)
- Financial Consumer Agency of Canada (FCAC)
- Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)
- Health Canada (HC)
- House of Commons
- Indigenous Services Canada (ISC)
- Innovation, Science and Economic Development Canada (ISED)
- Office of the Information Commissioner of Canada (OIC)
- Office of the Privacy Commissioner of Canada (OPC)
- Office of the Superintendent of Financial Institutions Canada (OSFI)
- Prime Minister's Office (PMO)
- Privy Council Office (PCO)
- Public Safety Canada (PS)
- Public Services and Procurement Canada (PSPC)
- Senate of Canada
- Statistics Canada (StatCan)
- Treasury Board Of Canada Secretariat (TBS)
In-house Organization Details
Description of the organization's activities
1. the national trade association for credit unions across Canada. 2. oversees and develops legislative policy and advocacy, and provides non-financial services to support credit union activities and strategies for further development: communications and marketing, payment network operations and compliance; professional development; linkage into national and international ATM networks; regulatory compliance support. 3. represents credit unions and maintains close working relationships with other national and international organizations such as: Payments Canada; Interac Corporation; Co-operatives and Mutuals Canada (CMC); the Desjardins Group; the Francophone federations outside Quebec; the World Council of Credit Unions which has affiliated members in 80 countries and directs financial and leadership resources to credit unions throughout the world; and the federal government, representing credit unions' interests on issues such as statutes, government regulation of financial services, taxation, liquidity management.
Responsible officer name and position during the period of this registration
MARTHA DURDIN, President & Chief Executive Officer
Organization's membership or classes of membership. Class A - member credit unions . Class B - member Central organizations and Associate members.
Government fundingNo government funding was received during the last completed financial year.
In-house Organization Contact Information
151 Yonge Street, Suite 1000
Toronto, ON M5C 2W7
Lobbyists employed by the organization
- Patrick Barr, Policy Analyst | No public offices held
- Rachel Barry, Policy Advisor, Advocacy | No public offices held
- Jessica Brandon-Jepp, Manager of Advocacy | No public offices held
- Beverly Cleveland, Associate Vice President, Compliance Senior Legal Counsel | No public offices held
- Korinne Collins, Vice President, Professional Development & Education | No public offices held
- MARTHA DURDIN, President & Chief Executive Officer | Public offices held
- Jennifer English, Director, Government Relations (Altantic) | No public offices held
- Henry Han, Regional Director Government Relations BC | No public offices held
- Michael Hatch, Associate Vice President | Public offices held
- Sabrina Kellenberger, Senior Manager, Regulatory Policy | No public offices held
- Anna Morena, Government Relations & Events Coordinator | Public offices held
- Brenda O'Connor, VP, General Counsel & Corporate Secretary | No public offices held
- Morgan Paulgard, Policy Analyst | No public offices held
- Suzanne Peters, Assistant Vice President, Communications and Member Relations | No public offices held
- Katie Rochefort, Manager, Member Relations | No public offices held
- Leslie Trobak, Senior Manager Government Relations | Public offices held