Highlights

  • Investigations are underway into the dumping and subsidizing of steel strapping from several countries, with inquiries assessing potential injury to Canadian industry.
  • Saskatchewan Power Corporation seeks permits for international power lines to North Dakota, with input from interested parties being solicited.
  • The Canadian International Trade Tribunal is conducting a preliminary injury inquiry related to steel strapping imports.
  • The Canadian Radio-television and Telecommunications Commission has posted updates on applications and decisions.
  • The Public Service Commission of Canada has allowed two individuals to run for municipal elections.
  • ABCU Credit Union Ltd. and Prospera Credit Union are considering transitioning to federal credit unions, affecting deposit insurance coverage.
  • Sunshine Coast Credit Union is also considering a similar transition and amalgamation, impacting deposit insurance coverage.

Canada Investigates Steel Dumping and Energy Projects, CRTC Updates, and Election Permissions

The Canada Border Services Agency (CBSA) has initiated investigations into the alleged dumping and subsidizing of steel strapping from China, Türkiye, Korea, and Vietnam. The Canadian International Trade Tribunal (CITT) will conduct a preliminary inquiry to assess potential injury to Canadian industry, with a decision expected within 60 days. Interested parties can submit written representations to the CBSA by September 18, 2025.

The Saskatchewan Power Corporation has applied for permits to construct and operate two international power lines connecting Saskatchewan with North Dakota. The Canada Energy Regulator (CER) is seeking input from interested parties, with submissions due by June 21, 2025.

The Canadian International Trade Tribunal has started a preliminary injury inquiry into the dumping and subsidizing of steel strapping from the aforementioned countries. Participants must file notices of participation and representation by May 26, 2025, with submissions from opposing parties due by June 10, 2025, and responses by June 17, 2025.

The Canadian Radio-television and Telecommunications Commission (CRTC) has posted applications and decisions on its website, including a renewal application from Mondo Globo Inc. and a decision regarding Corus Radio Inc.

The Public Service Commission of Canada has granted permission to Dustin Bulloch and Caroline Murray-Daignault to run for municipal election positions in Ontario and Quebec, respectively. [Source]

Credit Unions Consider Federal Transition and Amalgamation with CDIC Insurance Changes

ABCU Credit Union Ltd. is planning to apply to become a federal credit union under the Bank Act and immediately amalgamate with Innovation Federal Credit Union. Members will vote on this special resolution, and if approved, ABCU will transition from being insured by the Credit Union Deposit Guarantee Corporation (CUDGC) to the Canada Deposit Insurance Corporation (CDIC). This change will affect deposit insurance coverage, as CDIC insures eligible deposits up to $100,000 per category, unlike CUDGC, which insures the full amount of deposits. A transition period will allow pre-existing deposits to be insured by CDIC to the same extent as CUDGC coverage. After the transition, CDIC’s standard coverage will apply. The notice also highlights that the approval process is not guaranteed and that the information is subject to change.

Prospera Credit Union is considering a similar transition to become a federal credit union and amalgamate with Coast Capital Savings Federal Credit Union and Sunshine Coast Credit Union. Members will vote on this proposal, and if approved, the new entity will be insured by CDIC instead of the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC). The transition will involve a change in deposit insurance coverage, with CDIC providing coverage up to $100,000 per category, whereas CUDIC covers the full amount. A transition period will ensure pre-existing deposits are covered similarly to CUDIC’s current coverage. The notice emphasizes that the approval process is not guaranteed and that the information may change.

Sunshine Coast Credit Union is also considering becoming a federal credit union and amalgamating with Coast Capital Savings and Prospera Credit Union. Members will vote on this proposal, and if approved, the new entity will be insured by CDIC instead of CUDIC. The transition will involve a change in deposit insurance coverage, with CDIC providing coverage up to $100,000 per category, whereas CUDIC covers the full amount. A transition period will ensure pre-existing deposits are covered similarly to CUDIC’s current coverage. The notice highlights that the approval process is not guaranteed and that the information may change. [Source]

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