The Hub: News & Events for December 16, 2019

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December 16, 2019


Central 1 News

Forge  Update: An Exciting Year of Collaboration and Innovation
As the end of 2019 approaches, we reflect on just how far we have come together as a community with the Forge Digital Banking Platform. 

B.C. Economic Briefing
• Blockbuster year for new home starts; growth dominated by new condominiums but detached home starts declined sharply
• Value of B.C building permits drop by 21 per cent from September
• Strong year-to-date gain in non-residential investment in Vancouver, Abbotsford-Mission and Kelowna

Ontario Economic Briefing
• Strong growth in industrial and institutional building intentions lifted non-residential building permit volumes in October
• New housing starts fell 13.1 per cent in November

Labour Markets - Regional Ontario
Ontario's unemployment rate moves up from 5.3 per cent to 5.6 per cent

Labour Markets - Regional B.C
Unemployment climbs to 5.0 per cent

Central 1 Events

Button to Credit Union Careers
Button to Central 1's Economic Insights
Button to our Annual Research Package

Industry News

Credit Union News
Aldergrove Credit Union CEO Gus K. Hartl Wins HD Stafford Good Citizen of the Year Award (Press Release)

Canada's economy 'sound and growing,' says Morneau as he unveils fiscal update (CBC) 

Canada 2019-20 budget deficit to be larger than forecast: Finance Ministry (Reuters) 

Canadian home prices, sales up from a year ago: CREA report (CBC) 

Industry Events

January 27, 2020
Co-op & Credit Union Governance Summit

Terminal City Club
Vancouver,  BC

June 7-12, 2020
Credit Union Development Education Leadership Program

Saint Mary's University
Halifax, NS


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Central 1 Credit Union, All rights reserved.

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