Thank you, Mr. Chair.
Thank you both for your testimony today.
We have heard from businesses during this particular study that sanction compliance places a heavy burden on banks facing complicated patchworks of compliance legislation. I met with the Canadian Credit Union Association, and one of the major concerns that they brought forward was that they were disadvantaged against the big banks because of the sanctions, the policies. Do you have any further information about the impact sanction legislation has on credit unions?
