The Hub: News & Events for May 27, 2019

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May 27, 2019


Central 1 News 

  • Retail sales moved up by 0.8 per cent in March to sit 1.7 per cent above last year's pace in the first quarter of 2019
  • Employment insurance claims increased slightly by 0.4 per cent in March
  • Retailers post sales gain in March but weakness persists
  • Weak housing conditions drag on related spending   
  • Employment insurance counts remain low but new claims rise 

Central 1 Events

June 12, 2019
User Sessions Spring Webinar  

September 8-10, 2019
Momentum Summit & Trade Show
Westin Harbour Castle, Toronto
Button to Credit Union Careers
Button to Central 1's Economic Insights
Button to our Annual Research Package

Industry News

Traders worry as hopeful Bank of Canada officials meet this week (BNN Bloomberg))

Housing/Real Estate
CMHC CEO defends mortgage stress test changes amid calls for loosening rules
(BNN Bloomberg)

Siddall Slams Stress-Test Critics, Says Needed to Prevent Bust (Bloomberg)

Homebuyers escaping high housing costs by relocating to secondary cities (CTV)

New Condos Are Way More Expensive Than Resale, And Now They're Risky Too (Huffington Post)

Mortgage Matters: Is balance returning to the housing market? (Vancouver Sun)

3 Payment Innovation Trends That Will Evolve E-Commerce (Forbes)

Terence Corcoran: This overhyped 'money laundering' panic threatens to rob us of rights (Financial Post)


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
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Central 1 Credit Union, All rights reserved.

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