The Hub: News & Events for December 6, 2018

View this email in your browser Central 1 News you need to know Bank of Canada Rate Announcement No change in the Bank of Canada's policy rate was announced, leaving it unchanged at 1.75 per cent. The Bank took a more dovish tone than in October citing several factors that could keep rates lower for longer.  Retail sales growth stalls; tourism remains strong (Business in Vancouver, article by Bryan Yu, Central 1's deputy chief economist) B.C. retail sales were little changed in September, pointing to softness in consumer demand, while wildfires that swept through the B.C. Interior also tempered gains. Communication from the Ontario Insurance Advisory Council (log in required) Several years ago, the Ontario Master Bond Program (MBP) was amended to eliminate the involvement of the Credit Union Deductible Fund (CUDF) -a self-insurance fund - as the first layer of coverage. The MBP has been fully insured by The Credit Union Bonding Program (TCUBP) since then.  Operations Manual Program: Search and Usability Improvements to The Guide (BRITISH COLUMBIA) (log in required) The Guide has been improved with better search functionality, including filtering by Volume, and several changes for easier navigation and reading. Operations Manual Program: Search and Usability Improvements to The Guide (ONTARIO) (log in required) The Guide has been improved with better search functionality, including filtering by Volume, and several changes for easier navigation and reading. Central 1 Events April 24-25, 2019 Member Forum  Sheraton Vancouver Wall Centre (Save the date) April 25, 2019 Central 1 AGM Sheraton Vancouver Wall Centre (Save the date) September 8-10, 2019 Momentum Summit & Trade Show Westin Harbor Castle, Toronto (Save the date)   Industry News Credit Unions City Savings Financial Services to join forces with Alterna Savings (News Release) B.C. businesses: New climate plan will boost clean economic growth (Pembina Institute, mentions Vancouver City Savings) Economics Canada will feel oilpatch pain, but not as badly as 2015: Poloz (CBC) The next Canadian interest rate hike may have just been pushed back all the way to next spring (Livabl) Politics Privacy watchdog warns of 'critical tipping point' as Canada stakes ground in digital economy (CBC) Finance A quarter of millennials don't feel 'adequately prepared' to deal with finances: survey (Yahoo! Finance) Financial empowerment is the road to success for Indigenous youth (National Post) Cybersecurity Cyber crooks increasingly targeting home devices: report (CBC) Housing Here's how Canadian household debt levels could affect the housing market in 2019 (Livabl) Technology Harnessing the Power of Artificial Intelligence for All Canadians (Techvibes) Industry Events December 11, 2018 Concentra Bank Q3 Investor Relations Webinar 9:00 - 10:00 am PT December 19, 2018 Compliance: A Credit Union Perspective Webinar 10:00 - 11:00 am PT January 9, 2019 State of the System Webinar 1:00 - 2:00 pm ET January 22-23, 2019 A Shared Vision Delta Ottawa City Centre February 19-20, 2019 Global Alliance for Banking on Values Vancouver Convention Centre March 27-29, 2019 Ontario Credit Union Conference Toronto Airport Marriott Hotel (Save the Date) May 5-8, 2019 2019 National Conference for Canada's Credit Unions Winnipeg Convention Centre Have some credit union news or events? To submit items email newslist@central1.com *please include an URL to the requested item Copyright © 2018 Central 1 Credit Union, All rights reserved. Unsubscribe from The Hub The Hub is brought to you by Member & External Communications. Questions or feedback regarding The Hub? Email communications@central1.com. Unsubscribe from all commercial messages from Central 1  Please note: this option will remove you from all future Central 1 communications. Should this message not be applicable to you, we encourage you to unsubscribe from this list only.

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