The Hub: News & Events for May 9, 2019

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May 9, 2019


Central 1 News 

PaymentStream Advisory: Processing Standards for USD Cheques Drawn on a Canadian Financial Institution  (login required)
Payments Canada rules describe specific standards which must be met for USD cheques drawn on a Canadian financial institution. The requirements can be found in Standard 006 of the CPA Rules. 

Central 1 Events

September 8-10, 2019
Momentum Summit & Trade Show
Westin Harbour 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
Hiring increases in B.C. while earnings weaken (Business in Vancouver) - column by Central 1 Deputy Chief Economist Bryan Yu

Meridian wins a Best of Marketing award for its end-to-end digital lending campaign (Press release)

Meridian wins national award for its My Commitment to Communities Program (Press release)

Preparing for Disruption in Financial services: Harnessing the Power of Technology (TechNative)

Canada's trade deficit shrank to $3.2 billion in March, StatsCan reports (CBC)

Stephen Poloz's call for a mortgage market shakeup is something worth fighting for (Financial Post)

Housing/Real Estate
'We're still vulnerable': CMHC CEO's candid housing Q&A (BNN Bloomberg)

Trudeau says new mortgage rules cut froth in Toronto, Vancouver (BNN Bloomberg)

As HELOCs morph, the Bank of Canada asks lenders for details (BNN Bloomberg)

Why mortgage reform may have to wait for legislation, despite Poloz's musings (Financial Post)

A stable Toronto housing market may be the 'new normal' in 2019 (Livabl)


Industry Events

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

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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