Building a Clear Path Forward Together

This time of the year gives us plenty to look forward to –- more sunshine, warmer weather arriving and a chance to ‘clean up’ after winter, whether that be your home, your desk or even your finances. Spring is a wonderful time of renewal and a great opportunity to refocus on your goals ahead.

For those thinking about homeownership, a recent CMHC report suggests a more stable housing market this Spring and expects housing prices to stabilize. While affordability may still be challenging, many Canadians are coming up with creative ways to make home ownership more achievable.

One solution is an income property, and some homeowners are opting into taking on the role of landlord. Many neighborhoods in Halifax Regional Municipality have zoning bylaws that allow owners to add a rental unit to their property. This is a great way to supplement your mortgage payment and can improve your property’s overall value.

If this sounds like a good fit for your scenario, our Secondary Suite Mortgage product is a great option. This product can help finance an income-generating space within your home, such as a basement apartment, laneway house or backyard suite. To learn more about this unique product, please reach out to a Financial Advisor or visit our Secondary Suite CUAdvice article to see an overview of how it works and what to consider before becoming a landlord.

In recent news, CUA held its Annual General Meeting (AGM) on April 28th. This event was a wonderful opportunity for members to learn about our accomplishments in 2025 and our plans for 2026. The theme of our AGM this year was “creating a strong path forward”.

One of the principles that guides my leadership is the belief that long term success is built step by step with intention and clarity resulting in a solid foundation for a strong and confident path forward. CUA’s priority for 2025 was to strengthen its current foundation, creating a strong base for future growth. The core of our brand is delivering personalized and responsive service, and as part of that, we keep our members and community at the centre of every priority, direction and decision.  

We will continue to be intentional and strategic as we move into the future, staying true to our values and creating a strong path forward with more opportunities to deliver the better way to bank.

I would like to thank Jay Aird, our most recent Board Chair, as he completes his time on the Board with nine years of service. I also welcome Nancy MacCready-Williams, who joins the Board this year. Thank you to each of our Board members for your continued work in guiding our organization. Finally, a warm thank you to each of our members who attended the Meeting, and we look forward to seeing you again next year.

As always, if you have any questions about one of CUA’s products or services, please reach out to a member of our team at 902.492.6500, book an appointment online or email us at info@cua.com.

Your CEO,