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Credit unions are a crucial part of Canada's economy. Government ChequesThe Government of Canada is increasing its use of direct deposit for payments made to Canadians and to Canadian businesses. Canada's credit unions are asking the federal government to announce in budget 2015 a new tax measure that recognizes that credit unions are different. But Ottawa doesn't always understand credit unions and recently they've decided to tax credit unions the same as banks. This kind of activity is the foundation of strong local economies. Every year, investments, they put billions into local communities through loans, and community projects. If, Employment Insurance, Old Age Security, you're an individual receiving a child tax benefit, for example, a GST tax credit or a tax refund.
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