I haven't heard a lot, other than one particular credit union in B.C. I think for the one service credit union in Alberta that possibly would entertain this, one of the things they cherish quite significantly is the 100% deposit guarantee by the provincial government for any depositor in the credit union. If they were to move into the federal jurisdiction, their deposits would be under CDIC, which has a maximum of $100,000 per instrument or plan. So that's something that they are struggling with, I think, in that regard.
On July 27th, 2012. See this statement in context.