The Hub: News & Events for July 29, 2019

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July 29, 2019


Central 1 News 

B.C. Economic Briefing
• Wage momentum builds in May
• International tourism flows approaching record
pace in 2019
• Small business confidence sluggish in July

Ontario Economic Briefing
• Services-sector job growth pulled up overall
non-farm employment in May
• Small businesses in Ontario reported the
largest drop in confidence among all provinces
in July
• Strong contraction in new passenger vehicle
sales pulled down total sales in May
• Tourist visits increased by 0.3 per cent in May

Green Lending Partnership Opportunity with B.C. Government- login required
Thank you to everyone who attended the Green Lending Opportunity Webinar on July 17. Missed the webinar? We have good news! We have included some helpful resources for you.

Return Processing for August Civic Holiday - ALL 2019- login required
For a detailed listing of Cheque Return Processing and AFT processing timeframes for B.C. and Ontario during the upcoming August Civic holiday, please see the following document. 

Payment Solutions Manual: FX Notes Plus Shipments – UPS Replaces FedEx - login required
Exchange Bank of Canada (EBC) has partnered with UPS to distribute home and branch deliveries for all inbound and outbound shipments. Effective July 31, 2019, FedEx will no longer be used as the shipment delivery provider. We updated the FX Notes Plus Part to reflect this change. 
Central 1 Events

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

September 10, 2019
Central 1 ISO 20022 Workshop 
Westin Harbour Castle, Toronto

 3:00 PM – 5:30 PM EDT

October 28-29, 2019
PeopleFocus 2019
Coast Coal Harbour Hotel, Vancouver
Button to Credit Union Careers
Button to Central 1's Economic Insights
Button to our Annual Research Package

Industry News

Credit Union News
Government of Canada supports youth entrepreneurship and clean tech at Simon Fraser University (Press Release) - featuring Coast Capital 

Canada's Trade Surplus Likely Short Lived Amid Weaker GDP Growth (Bloomberg)

Canadian greenhouse labor shortages worsened by growing cannabis producers (Reuters)

Get Ready for the World Economy's Biggest Week of 2019 (Bloomberg) 

A Fed interest rate cut is in the bag. What then? (Reuters) 

Ant-Financial-Backed Startup Rides Indonesian Fintech Wave (Bloomberg)

From Belarus to Bahrain, the small states going big on cryptocurrency (Reuters)

Fintechs at the gate: online brokers target affluent Brazilians (Reuters)

Housing / Real Estate
Vancouver developers are pivoting from condos to rentals as deep freeze sets in (Livabl)


Industry Events

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

September 15-17, 2019
CULA Conference - Transformational 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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