Postal Service Disruption | Interruption des services postaux

Show more Show less

Government of Saskatchewan ministries, Crown corporations and organizations are working to minimize the impacts of the postal service disruption.

Les ministères, les sociétés d’État et les organismes du gouvernement de la Saskatchewan travaillent à réduire au minimum les répercussions de l’interruption des services postaux.

Language

Google Translate Disclaimer

A number of pages on the Government of Saskatchewan's website have been professionally translated in French. These translations are identified by a yellow box in the right or left rail that resembles the link below. The home page for French-language content on this site can be found at:

Renseignements en Français

Where an official translation is not available, Google™ Translate can be used. Google™ Translate is a free online language translation service that can translate text and web pages into different languages. Translations are made available to increase access to Government of Saskatchewan content for populations whose first language is not English.

Software-based translations do not approach the fluency of a native speaker or possess the skill of a professional translator. The translation should not be considered exact, and may include incorrect or offensive language. The Government of Saskatchewan does not warrant the accuracy, reliability or timeliness of any information translated by this system. Some files or items cannot be translated, including graphs, photos and other file formats such as portable document formats (PDFs).

Any person or entities that rely on information obtained from the system does so at his or her own risk. Government of Saskatchewan is not responsible for any damage or issues that may possibly result from using translated website content. If you have any questions about Google™ Translate, please visit: Google™ Translate FAQs.

CREDIT UNIONS ABLE TO OWN OR INVEST IN INSURANCE AGENCIES

Released on May 15, 2003

Changes to The Credit Union Regulations, 1999, will now provide Saskatchewan credit unions with the ability to own or invest in insurance agencies and brokerages.

"Our government's response to the changing environment of financial services is to provide the legal framework that will let community-based credit unions compete effectively," Justice Minister Eric Cline said. "Our future is wide-open because this government is providing an environment for rural economic development in Saskatchewan."

Cline said recent amendments to the federal Bank Act have given banks the power to invest in, or own insurance brokerages and it is important to ensure that Saskatchewan credit unions have the same powers.

Cline said it is important to note that the changes to the regulations do not allow credit unions to sell life insurance or property and casualty insurance.

One of the changes included in The Credit Union Act, 1998, modernized business powers to allow credit unions to offer a broad range of financial and other services to members and non-members to put credit unions on a level playing field with banks. Credit unions were given the power to sell certain kinds of insurance that banks could sell. The Credit Union Act, 1998, provided that further insurance powers could be added by regulation.

-30-



For More Information, Contact:

Debi McEwen
Justice
Regina
Phone: (306)787-6043
Email: dmcewen@justice.gov.sk.ca

We need your feedback to improve saskatchewan.ca. Help us improve