A new, all-party caucus has been formed in Ottawa that will improve communications between parliamentarians and the Canadian credit unions that provide financial services in their riding, reports the Canadian Credit Union Association (CCUA).
The caucus will serve as a collaborative forum between MPs, senators and the credit-union sector to find innovative ways to achieve economic growth and address community concerns and challenges.
Government, along with opposition MPs, agreed to form the caucus to increase awareness of the important and unique work that credit unions and caisses populaires do within the financial services industry. “We are encouraged by the real interest among MPs to work closer with credit unions and with each other to better understand how our cooperative structure leads to good public policy outcomes for their constituents,” the CCUA’s CEO Martha Durdin remarked in a media release. ◊