The Hub: News & Events for June 17, 2019

View this email in your browser June 17, 2019   Central 1 News    B.C. Economic Briefing 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    Ontario Economic Briefing 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   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 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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