Canadian Credit Union Association
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Canadian Credit Union Association
The Canadian Credit Union Association (CCUA; french: Association canadienne des coopératives financières) is the national trade association for credit unions in Canada (outside the province of Quebec). Founded in 1953, it rebranded to its current name in January 2016 to reflect its "evolving role as an association that is focused on growing a stronger... credit union industry." CCUA was founded as the Canadian Co-operative Credit Society (CCCS) to support a growing credit union system in the 1950s. It was renamed to Credit Union Central of Canada in 1993 to better reflect its relationship to its provincial member credit union centrals. History The history of Credit Union Central of Canada traces the development of two different but related types of organizations: a national trade association to be a convening body and voice for the system, and a national finance facility to provide liquidity to support the credit union system. For most of the first half of the 1900s, the cred ...
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Cooperative Federation
A co-operative federation or secondary co-operative is a co-operative in which all members are, in turn, co-operatives. Historically, co-operative federations have predominantly come in the form of co-operative wholesale societies and co-operative unions. Gide, Charles; as translated from French by the Co-operative Reference Library, Dublin, ''Consumers' Co-operative Societies'', Manchester: The Co-operative Union Limited, 1921, p. 122, Co-operative federations are a means through which co-operatives can fulfill the sixth Co-operative Principle, co-operation among co-operatives. The International Co-operative Alliance notes that ''“Co-operatives serve their members most effectively and strengthen the co-operative movement by working together through local, national, regional and international structures.”'' Retail According to co-operative economist Charles Gide, the aim of a co-operative wholesale society, which is owned by retail consumer co-operatives, is to arrange "bulk ...
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Credit Union Central Of Alberta
Credit (from Latin verb ''credit'', meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt), but promises either to repay or return those resources (or other materials of equal value) at a later date. In other words, credit is a method of making reciprocity formal, legally enforceable, and extensible to a large group of unrelated people. The resources provided may be financial (e.g. granting a loan), or they may consist of goods or services (e.g. consumer credit). Credit encompasses any form of deferred payment. Credit is extended by a creditor, also known as a lender, to a debtor, also known as a borrower. Etymology The term "credit" was first used in English in the 1520s. The term came "from Middle French crédit (15c.) "belief, trust," from Italian credito, from Latin creditum "a loan, thing entrusted to another," from p ...
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Credit Unions Of Canada
Canada has significant per-capita membership in credit unions, representing more than a third of the working-age population. Credit union membership is largest in Quebec, where they are known as ''caisses populaires'' (people's banks), and in western Canada. Legislation Responsibility for the incorporation and regulation of credit unions resides primarily at the provincial and territorial level in Canada. Credit union legislation exists in every province of Canada but does not currently exist in the three northern territories. Credit unions and ''caisses populaires'' operate in every province of Canada. In Quebec, ''caisses populaires'' are required to be formally federated with the Caisses Populaires Desjardins. Federally regulated credit unions Legislation was adopted under the federal ''Bank Act'' in 2012 to allow for the creation of federal credit unions. On July 1, 2016, the Caisse populaire acadienne ltée (later rebranded as UNI Financial Cooperation), with its 155,00 ...
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1953 Establishments In Canada
Events January * January 6 – The Asian Socialist Conference opens in Rangoon, Burma. * January 12 – Estonian émigrés found a government-in-exile in Oslo. * January 14 ** Marshal Josip Broz Tito is chosen President of Yugoslavia. ** The CIA-sponsored Robertson Panel first meets to discuss the UFO phenomenon. * January 15 – Georg Dertinger, foreign minister of East Germany, is arrested for spying. * January 19 – 71.1% of all television sets in the United States are tuned into ''I Love Lucy'', to watch Lucy give birth to Little Ricky, which is more people than those who tune into Dwight Eisenhower's inauguration the next day. This record has yet to be broken. * January 20 – Dwight D. Eisenhower is sworn in as the 34th President of the United States. * January 24 ** Mau Mau Uprising: Rebels in Kenya kill the Ruck family (father, mother, and six-year-old son). ** Leadership of East Germany, Leader of East Germany Walter Ulbricht announces that agri ...
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Ian MacPherson (historian)
Ian MacPherson (1939 – November 16, 2013) was a Canadians, Canadian historian, and a supporter of the Cooperative, co-operative movement. MacPherson was born in Toronto, Ontario. Education MacPherson received his Bachelor of Arts, B.A. from the University of Windsor in 1960. After working as a high school teacher for four years, he returned to school, earning his Master of Arts, M.A. and Ph.D. degrees in History from the University of Western Ontario.Dr. Ian MacPherson
, BCICS Website


Academic life

MacPherson taught at the University of Winnipeg for 8 years, and founded the Canadian Studies program there. In 1976, he moved to the History Department at the University of Victoria, serving as Chair from 1981 to 1989. He became Dean of the Faculty of Humanities in 1992, but stepped down in 1999 to e ...
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Humanomics
Humanomics is a national initiative that was launched by a number of credit unions across Canada on May 1, 2014. The purpose of the Program is to bring a human focus to the concept of economics, by having the participating credit unions support their communities by re-investing profits, and provide opportunities to improve Canadians’ financial well-being. Part of their work to bring the Humanomics Program to the market involved the credit unions commissioning a national poll to gauge Canadians’ financial behaviours. The research showed that the majority of respondents feel that financial institutions have a role to play when it comes to improving the financial well-being of Canadians. Through the Humanomics Program, the participating credit unions work together to raise awareness about the importance of financial literacy, and bring innovative financial products and offers to the market that encourage healthy financial habits among Canadians. Youth are a primary target aud ...
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Desjardins Group
The Desjardins Group (french: Mouvement Desjardins) is a Canadian financial service cooperative and the largest federation of credit unions (french: caisses populaires) in North America. It was founded in 1900 in Lévis, Quebec by Alphonse Desjardins. While its legal headquarters remains in Lévis, most of the executive management, including the CEO, is based in Montreal. As of 2017, Desjardins Group consists of 293 local credit unions operating 1,032 points of service and serving more than seven million members and clients, mostly in the provinces of Quebec and Ontario. In addition to retail banking, the Group has over twenty subsidiaries offering products and services related to insurance (Desjardins Financial Security, Desjardins General Insurance), real estate (Complexe Desjardins), venture capital funds (Desjardins Venture Capital), and brokerage (Desjardins Securities). The Desjardins Group, through subsidiary Développement international Desjardins, is also active in ov ...
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Antigonish Movement
The Antigonish Movement blended adult education, co-operatives, microfinance and rural community development to help small, resource-based communities around Canada's Maritimes to improve their economic and social circumstances. A group of priests and educators, including Father Jimmy Tompkins, Father Moses Coady, Rev. Hugh MacPherson and A.B. MacDonald led this movement from a base at the ''Extension Department'' at St. Francis Xavier University (St. F.X.) in Antigonish, Nova Scotia. The credit union systems of Nova Scotia, New Brunswick and PEI owe their origins to the Antigonish Movement, which also had an important influence on other provincial systems across Canada. The Coady International Institute at St. F.X. has been instrumental in developing credit unions and in asset-based community development initiatives in developing countries ever since. Goals As educators and priests, the leaders of the Antigonish Movement were primarily concerned with human and spiritual dev ...
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Atlantic Central
The Atlantic Ocean is the second-largest of the world's five oceans, with an area of about . It covers approximately 20% of Earth's surface and about 29% of its water surface area. It is known to separate the " Old World" of Africa, Europe and Asia from the "New World" of the Americas in the European perception of the World. The Atlantic Ocean occupies an elongated, S-shaped basin extending longitudinally between Europe and Africa to the east, and North and South America to the west. As one component of the interconnected World Ocean, it is connected in the north to the Arctic Ocean, to the Pacific Ocean in the southwest, the Indian Ocean in the southeast, and the Southern Ocean in the south (other definitions describe the Atlantic as extending southward to Antarctica). The Atlantic Ocean is divided in two parts, by the Equatorial Counter Current, with the North(ern) Atlantic Ocean and the South(ern) Atlantic Ocean split at about 8°N. Scientific explorations of the Atlantic ...
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Trade Association
A trade association, also known as an industry trade group, business association, sector association or industry body, is an organization founded and funded by businesses that operate in a specific Industry (economics), industry. An industry trade association participates in public relations activities such as advertising, education, publishing, lobbying, and political donations, but its focus is collaboration between companies. Associations may offer other services, such as producing conferences, holding networking or charitable events, or offering classes or educational materials. Many associations are non-profit organizations governed by bylaws and directed by officers who are also members. In countries with a social market economy, the role of trade associations is often taken by employers' organizations, which also take a role in social dialogue. Political influence One of the primary purposes of trade groups, particularly in the United States, is to attempt to influence p ...
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Bill Knight
William George Knight (born October 24, 1947) is a former senior executive and Member of Parliament (MP) in the House of Commons of Canada. Knight was born in Estevan, Saskatchewan. A teacher by profession, Knight was first elected as a New Democratic Party MP in a 1971 by-election and was re-elected in 1972. He represented the riding of Assiniboia, Saskatchewan until his defeat in the 1974 federal election by Liberal Ralph Goodale. Knight attempted to return to Parliament from the same constituency in 1979 but was defeated by Progressive Conservative Leonard Gustafson. Knight served as principal secretary to both federal NDP leader Ed Broadbent and Saskatchewan Premier Allan Blakeney in the 1970s. In the 1980s he was federal secretary of the New Democratic Party and its chief electoral strategist. Knight joined the credit union movement in 1989 and, from 1995 to 2001, served as President and CEO of Credit Union Central of Canada, the central governing body for the credit un ...
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