The Hub: News & Events for June 17, 2019

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June 17, 2019

 

Central 1 News 

 
  • B.C. home sales pick up in May but levels remain low
  • Developers rush to avoid development cost charge hikes boosting residential permits
  • Housing starts remain robust in May to defy expectations
  • Private and public spending keeps building intentions high
  • Existing homes market tightens in May, classified as a sellers' market
  • All housing start types, except townhomes, posted strong declines in May
  • Industrial permit volumes surpassed half a billion for first time ever in April
  • After increasing in March new car sales reversed trend and fell by 5.4 per cent in April
Central 1 Events


September 8-10, 2019
Momentum Summit & Trade Show 
(including AmpliFI Awards Ceremony)
Westin Harbour Castle, Toronto

 

October 28-29, 2019
PeopleFocus 2019
Coast Coal Harbour Hotel, Vancouver

 
Button to Credit Union Careers
Button to Central 1's Economic Insights
Forge
Button to our Annual Research Package

Industry News



Credit unions
Naz Kullar Elected to the CPHR (BC & Yukon) Board of Directors -Community Savings Credit Union (Press 
release)


Technology
Nordic banks to cut compliance staff in favour of robots (FinExtra)


Fraud
Two more B.C. mortgage brokers alleged to have worked with illegal shadow lender (Business in Vancouver)



Personal finance
The risk of outliving your assets is real and defending against it is no small task (Financial Post)



Housing / real estate
Government lays out fine print of new CMHC program that could contribute 10% to price of first home (CBC)

Liberals' mortgage help for first-time buyers lands Sept. 2 (BNN Bloomberg)

BC NDP housing policies destroying British Columbians' wealth (Business in Vancouver)



Economics
U.S. already in recession, Fed will cut rates back to zero: Rosenberg (BNN Bloomberg)

Expect rate cuts to wait till Fed thinks they're essential: Don Pittis (CBC)





 

Industry Events



July 28-31, 2019
World Credit Union Conference
The Atlantis Resort, Bahamas
 


September 15-17, 2019
CULA Conference - Transformative Leadership
White Oaks Conference Resort
Niagara-on-the-Lake, ON



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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Central 1 Credit Union - Member & External Communications · 1441 Creekside Drive · Vancouver, Bc V6S 4J7 · Canada

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