The Hub: News & Events for June 5, 2019

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June 5, 2019


Central 1 News 

Interest rate forecast
Chief Economist Helmut Pastrick looks at the impact of tariffs on the economy and specifically on interest rates. Some highlights:
  • Trade policy is front and centre
  • Global growth revival sputters
  • Policy rates on hold for now, low bond yields  
Central 1 Spotlight: 2019 Q1 Webinar Now Online (login required) 
Central 1 hosted its first quarter 2019 Quarterly Spotlight conference call and webinar on Thursday, May 30. You can view the presentation slides or watch the webinar recording (YouTube).  
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

Trade war darkens economic forecasts for Canada (CBC)

World Bank downgrades its forecast for global economy (CTV)

Bank of Canada poised to follow Fed with rate cuts, traders bet (BNN Bloomberg)

Facebook wants to make payments as easy as sending a photo (Quartz)

'A new era in commerce': Amazon Pay VP says voice payments potential is 'phenomenal' (CNBC)

One quarter of world's small firms are 'significant' fintech users, says report (altfi)

Housing / real estate
Toronto home sales jump 18.9% as spring selling season heats up (BNN Bloomberg)

Debt blamed in credit crisis could help Canada with housing risk (BNN Bloomberg)

Metro Vancouver home sales jump 44.2% in a month, but prices slip further (Business in Vancouver)

Homebuyers dodged $1 billion in Canadian real estate taxes (Livabl)

B.C. residents think the government's affordable housing initiatives aren't helping (Livabl)

Personal finance
Canada Sees Big Jump In Consumers Going Bust (Huffington 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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