The Hub: News & Events for March 11, 2019

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Central 1 News you need to know

B.C. Weekly Economic Briefing
  • Labour market remains firm in February
  • Housing starts decline
  • Lower Mainland home sales and price fall again in February
  • International goods export rise 7.3 per cent in 2018
  • Building permits retrench after December surge

Ontario Weekly Economic Briefing
  • Employment in Ontario rises in February, unemployment rate unchanged
  • Housing starts fell by 22.8 per cent in February
  • Ontario non-residential building permits increased by 1.6 per cent in January
  • Exports fell signifi cantly by 5.5 per cent in December
  • Toronto's home sales declined dramatically in February by 14.9 per cent

MemberDirect Advisory: MD Core Release 582 (login required) 
To: MemberDirect® Banking clients 
Central 1 has scheduled a MemberDirect Core release for March 13, 2019. The release will be performed in a manner that minimizes customer impact by ensuring all servers are updated at different times. The installation will occur at 1 a.m. PT / 4 a.m. ET and may impact your customers for up to 30 minutes. 

Payment Solutions Manual: FX Drafts Part and Forms Updates 
(login required) 
We updated the FX Drafts documentation in the Payment Solutions Manual as described in Release 19:06. 


Central 1 Events

March 26, 2019 
2019 Spring Contact Meeting: Ottawa 
Alterna Savings Boardroom 
Ottawa, ON
March 27, 2019 

2019 Spring Contact Meeting: London 
Four Points by Sheraton  
London, ON 

March 28, 2019 

2019 Spring Contact Meeting: Toronto 
Toronto Airport Marriott Hotel 
Toronto, ON

April 24-25, 2019
Central 1 Member Forum
Sheraton Vancouver Wall Centre

April 25, 2019
Central 1 AGM
Sheraton Vancouver Wall Centre

September 8-10, 2019
Momentum Summit & Trade Show
Westin Harbor Castle, Toronto

(Save the date)
Button to Credit Union Careers
Button to Central 1's Economic Insights
Button to our Annual Research Package

Industry News

Credit unions
Women want investment plans that reflect their personal values (Globe and Mail) - by Kim Thompson of Aviso Wealth 

Kootenay Savings Sponsoring Kootenay Kids to Attend Summer Camp! (Castlegar Source)

Canada has two economies. Let's hope the government is paying attention to both (Financial Post)

'$60 million a quarter': Trump's tax cuts saved Canadian banks hundreds of millions in first year (Financial Post)

Why are hundreds of luxury Vancouver mansions being rented for cheap? (CTV)

Canada's Housing Market Is Breaking Some Alarming Records Right Now. At least we're not Australia (Huffington Post)

4 problems with Canada's mortgage stress tests that are hurting homebuyers and the economy (Livabl)

Fraud Prevention Month
Pattie Lovett-Reid: How to protect yourself against financial fraud (BNN Bloomberg)

Personal Finance
Beyond ditching avocado toast, young Canadians eye proactive ways to pay off debt (BNN Bloomberg)


Industry Events

March 27-29, 2019
Ontario Credit Union Conference
Toronto Airport Marriott Hotel

April 23, 2019
Credit Union Foundation of BC AGM (2:00 pm)
Stabilization Central Credit Union of B.C. AGM (3:00 pm)
Sheraton Vancouver Wall Centre

May 5-8, 2019
2019 National Conference for Canada's Credit Unions
Winnipeg Convention Centre

September 15-17, 2019
CULA Conference
White Oaks Conference Resort
Niagara-on-the-Lake, ON
(Save the date)

October 21-22, 2019
Everlink Connections 2019
Hilton Toronto
(Save the date)
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Central 1 Credit Union, All rights reserved.

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