The Hub: News & Events for August 26 2019

View this email in your browser August 26, 2019   Central 1 News  Strong Treasury Earnings in the Second Quarter of 2019 Furthering Strategic Investments Central 1 Credit Union (Central 1) announced its second quarter 2019 financial results. Financial income more than doubles to $28.7 million, up $15.7 million compared to the same period last year, driven by strong Treasury performance.  B.C. Economic Briefing • Retail sales soften, driven largely by vehicle purchases • Manufacturing sales decline 0.7 per cent in June on forestry slump • CPI infl ation declines to 2.1 per cent • International tourism elevated despite declines from China • EI counts confi rm tight labour market   Ontario Economic Briefing • Increased activity in large sectors like transportation equipment lifted total manufacturing sales in June • Tourist visits fell by 1.0 per cent in June due to fewer non-U.S. visitors • Inflation moved up from 2.0 per cent in June to 2.1 per cent in July • Retail sales edged up only 0.1 per cent in June to $19.4 billion • Employment insurance claims increased by 0.6 per cent in June   Central 1 Events August 29, 2019 Q2 Spotlight Webinar 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 Industry News Economics Canadian lobster exports boom amid U.S. trade tensions with China (CBC) TSX boosted by energy stocks as trade tensions ease (Reuters) Stock markets remain jittery even as Trump and China try to ease trade war fears (CBC) U.S. business investment appears weak in third quarter (Reuters) Technology U.S. lawmaker says still concerned about Facebook cryptocurrency after Swiss meetings (Reuters) Housing Through the roof: Low inventory of houses fuels sellers' market in Halifax  (CBC)   Industry Events 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 December 3, 2019 Annual Credit Union Forum & Holiday Luncheon Liuna Station Hamilton, ON 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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