The Hub: News & Events for May 21, 2019

View this email in your browser May 21, 2019   Central 1 News    Ontario Economic Briefing Ontario's existing homes market woke from hibernation in April Manufacturing sales remained above last year's pace in the first quarter 2019 Inflation up slightly to 1.9 per cent in April from 1.8 per cent in March Non-residential permit volumes increased by 5.3 per cent in March  New car sales increased robustly in March after two relatively weaker months of sales to start 2019   B.C. Economic  Briefing Metro Vancouver drags on B.C. home sales in April New vehicle sales climb in March, trend remains negative Manufacturing activity up sharply in March Inflation edges higher   Cyber Security – Brute Force Update  (login required) Central 1 has identified a recent increase in cyber fraud activity that is similar to what was experienced between November 2018 and February 2019. As always, we encourage all financial institutions to proceed with urgency on your roadmaps to enhance and implement login controls to ensure your members are effectively protected from online threats. Our suite of security tools can be reviewed at Cyber Security Solutions.          Central 1 Events June 12, 2019 User Sessions Spring Webinar   September 8-10, 2019 Momentum Summit & Trade Show Westin Harbour Castle, Toronto Industry News Credit unions BlueShore Financial's Positive Credit Rating Confirmed by DBRS (Press release) Banking A 'made in Canada' approach is the best way forward to an open banking system (Globe & Mail) The Work Remains The Same: Scalable Leadership For Financial Industry Leaders (Forbes) Payments Are Digital Payments Killing ATMs? Some Researchers Say Yes, But the Debate Isn't Closed (Digital Transactions) Money laundering The disturbing question of why Canada's done so little to end money laundering: Don Pittis (CBC) Some provinces skeptical after money laundering wake-up call (CBC) Money laundering 'not just a B.C. problem': ex-deputy attorney general and report author (Vancouver Sun) Housing/Real Estate IMF warns easing Canada's housing rules would be 'ill-advised' (BNN Bloomberg) Canada's Mortgage Rates Are Coming Down, With Record Lows For 10-Year Loans (Huffington Post)   Economics Poloz Says a Second Term as Bank of Canada's Governor Is Option (Bloomberg) Bank of Canada's Poloz Says Trade War Effects Have Been Modest (Bloomberg) Poloz Sees Higher Rates as the 'Natural Tendency' for Canada's Economy (Bloomberg)   Industry Events June 9-14, 2019 CanadaDE Credit Union Leadership Program Saint Mary's University Halifax, NS June 10, 2019 OCUF Golf Classic & Culinary Class Markland Wood Golf Club, Toronto, ON July 28-31, 2019 World Credit Union Conference The Atlantis Resort, Bahamas   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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