The Hub: News & Events for July 2, 2019

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July 2, 2019

 

Central 1 News 

 
  • Shedding of construction and manufacturing jobs dampened goods-sector hiring in April
  • Small business confidence increased for the second consecutive month in June
  • Toronto's new apartment price index slowed down to 7.4 per cent in the first quarter of 2019
  • Large boost in non-U.S. visitors lifted total tourism numbers by 2.1 per cent in April
  • Canadian GDP increased in April, but transportation equipment manufacturing gave back significant growth
  • Small business confidence subdued at 53.8 points
  • Average weekly earnings up 0.3 per cent in April, signs of momentum
  • Payroll counts rise again
  • Visitors from Mexico drive international tourist growth in 2019
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



Economics
Despite a strong economy, cost of living still top of mind for Canadians (CBC)

Just in Time for Canada Day: Economy Is Clearly on the Mend (Bloomberg)

Why Canada won't necessarily follow any U.S. rate cuts (Financial Post)



Technology
Tech Stumbles As Banks' Compliance Pressure Rises (
PYMNTS)


Fraud
Huge jump in in cyber incidents reported by financial services firms (FinExtra))



Housing / real estate
Housing Affordability Report Shows Only 12% Of Vancouver Families Can Afford An Average Home (Huffington Post)

Toronto New Home Sales Soar 94% To Highest Level In 17 Years (Huffington Post)



Payments
Modernizing Payments Creates Opportunities (Media Planet)

Businesses going cashless is a mixed bag in Vancouver (Vancouver Courier)

A New Divide In Business Banking? (PYMNTS)

 

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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