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Finance committee  That's correct.

May 11th, 2010Committee meeting

Tracy Redies

Finance committee  We have tabled our concerns with the Ministry of Finance, and again, we think we can continue to work through this. As long as it's addressed in the near future, I think it will help us encourage a greater take-up.

May 11th, 2010Committee meeting

Tracy Redies

Finance committee  Thank you, David. Mr. Chair, ladies and gentlemen of the committee, thank you for the opportunity to speak to you today on behalf of the Case for Progress committee. I'm pleased to have the opportunity to offer comments to the members of the House of Commons finance committee re

May 11th, 2010Committee meeting

Tracy Redies

Finance committee  For a credit union, the membership list is also the credit union's customer list. The provision in Bill C-9 dealing with membership lists could therefore provide a competitor of a federal credit union with the means of obtaining access to a list of all the credit union's customer

May 11th, 2010Committee meeting

Tracy Redies

Finance committee  Therefore, the Case for Progress committee would like to propose that it would be better if clause 1958 were amended and clauses 2009, 2010, and 2011 of Bill C-9 were deleted to ensure the protection of membership lists.

May 11th, 2010Committee meeting

Tracy Redies

Finance committee  We believe these amendments would strengthen the proposed legislation and help ensure take-up of the federal credit union option. I'd like to close by reiterating the Case for Progress committee's support for enactment of this legislation, which will allow credit unions to expa

May 11th, 2010Committee meeting

Tracy Redies