The Hub: News & Events for March 21, 2019

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March 21, 2019


Central 1 News 

Ontario's economy to slow for the next three years, according to Economic Outlook 2019 to 2021
Central 1's latest forecast predicts that Ontario's economy will face slower economic growth for the next three years due to domestic and external factors, especially stalls in investment spending, a decline in residential spending, a rise in the unemployment rate and a slowdown in the U.S. economy.

B.C. employment keeps climbing
In his weekly Business in Vancouver column, Bryan Yu, Central 1 Deputy Chief Economist, looks at the upward momentum of B.C.'s employment rate, and how the pervasive labour shortage is offsetting a softening economy. 

MemberDirect Advisory: MD Core Release 583 
To: MemberDirect® Banking clients 
Central 1 has scheduled a MemberDirect Core release for March 27, 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. 

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
Alterna Bank Announces Partnership with the Vancouver Warriors (Press release)

Alterna Bank a Strong Supporter of the Mekong Business Challenge (Press release)

'They would be incorrect': Bill Morneau shoots down speculation that Canada is on cusp of recession (Financial Post)
Fitch warns Canada's debt close to level incompatible with 'AAA' status (BNN Bloomberg)

12 things you might have missed in budget 2019 (BNN Bloomberg) 

Budget's real estate top-up could push up the price of cheaper homes: Don Pittis (CBC)

Federal budget's mortgage help is of limited assistance in markets like Metro Vancouver (Vancouver Sun)

Lower Canadian home prices mean 'a golden decade' for wealth creation is ending (Livabl)


Industry Events

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

April 9, 2019
Concentra Bank Annual Meeting of Shareholders
Video Webcast

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
(Save the date)

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
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Central 1 Credit Union, All rights reserved.

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