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ANNOUNCEMENTS

Financial Institutions Act and Credit Union Incorporation Act Review

There is no benefit to integrating the mortgage broker program into FICOM, without having informed oversight from industry at the Commission level.
Read the letter to the BC Finance Minister

CMBA Commentary on the CSA proposal regarding proposed amendments to prospectus and registration exemptions applicable to syndicated mortgage transactions

The CMBA had the opportunity to comment on the CSA proposal, which contains a number of recommendations to amend available securities exemptions available to mortgage syndicators.
Read the commentary here

Letter to The Honourable Carole James from the Coalition for Small Business Tax Fairness

The Coalition for Small Business Tax Fairness has sent a letter requesting provincial assistance on the taxation of passive investment income.
Read the letter to the BC Finance Minister