Supporting CoOps and Credit Unions

Currently there is a motion before the Government, Motion 100, which asks the "Government of Canada to continue to recognise the important role that co-operatives play in the Canadian economy and to ensure that Canada’s co-operatives continue to thrive."

Here I spoke in the House of Commons on exactly why I think this is such an important motion. In particular, I focused on credit unions.

​As the Deputy Finance Critic, I have heard at length from credit unions on very serious struggles they are facing, all trying to keep up with Ottawa's imposed one-size-fits-all regulatory compliance-related red tape. If we are to support this motion, and I am hopeful that all parties and all members will support this motion, then by extension we must do more to recognize the value of co-operatives.