The Hub: News & Events for April 17, 2019

View this email in your browser April 17, 2019   Central 1 News  Advice No. 219 - Update to CMHC's Commitment to Insure Policy   Good news for approved lenders: there has been an update to CMHC's commitment to insure policy. Recognizing that new construction often takes longer than 24 months, lenders now have the authority to extend the insurance commitment to a maximum of 36 months (up from the previous maximum of 24 months).    Central 1 Events   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) Industry News Credit unions First West Credit Union executive and long-time community leader honoured with the 2019 SOURCES Community Hero Award (Press release) Growth and stability the key themes for First West Credit Union in 2018 (Press release) Economics Canada's inflation rate rises to 1.9% in March as food prices climb (CBC) Canada's trade deficit narrows to $2.9 billion (CBC) Personal finance Today is Talk With Our Kids About Money Day Across Canada! (Cision) Personal Investor: Survey finds investors can't get no satisfaction (BNN Bloomberg) Banking Canadian banks on 'credit doomsday watch,' CIBC analysts warn (BNN Bloomberg) Payments Over 50 percent of card present transactions were contactless in Q1 2019 (Mobilesyrup) Housing/Real Estate Mortgage stress test accounts for up to $15B drop in new mortgages in 2018: CIBC (CBC) Canada Should Revisit Mortgage Rules as Housing Cools, CIBC Says (Bloomberg) Commercial Real Estate: Vancouver developing a bad reputation for foreign investment (Vancouver Sun) 'Disappointing' Canadian housing market is set to pick up this year (Livabl)   Industry Events April 23, 2019 Credit Union Foundation of B.C. AGM  Stabilization Central Credit Union of B.C. AGM  Sheraton Vancouver Wall Centre May 5-8, 2019 2019 National Conference for Canada's Credit Unions Winnipeg Convention Centre May 7-9, 2019 Enhancing Business Performance through Co-operative Management Strategies Saint Mary's University Winnipeg, MB June 9-14, 2019 CanadaDE Credit Union Leadership Program Saint Mary's University Halifax, NS   September 15-17, 2019 CULA Conference White Oaks Conference Resort Niagara-on-the-Lake, ON (Save the date) October 3 – 5, 2019 35th Annual Credit Union Directors' Forum   "Good Governance: The Future of Ontario's Credit Unions" Hilton Mississauga/Meadowvale October 21-22, 2019 Everlink Connections 2019 Hilton Toronto 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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