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Canada Centrals Postpone Merger Amid Financial Market Woes

Credit Union Central of British Columbia and Credit Union Central of Ontario have decided to postpone their merger amid the uncertainty of the financial market's recent woes.

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VANCOUVER, BRITISH COLUMBIA — Credit Union Central of British Columbia and Credit Union Central of Ontario have decided to postpone their merger amid the uncertainty of the financial market’s recent woes.

The transaction had been scheduled to close on Oct 1. Shareholders of the two organizations had approved the combination on June 22.

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