The Hub: News & Events for December 19

View this email in your browser December 19, 2019   Central 1 News Central 1 appoints Dinesh Garbharran as Chief Risk Officer Central 1 Credit Union (Central 1) is pleased to announce the appointment of Dinesh Garbharran as Chief Risk Officer, effective January 2, 2020.  Garbharran specializes in leading high-performing teams to deliver complex regulatory, technology, and business programs. Having worked within the financial and health sectors in Canada and South Africa, Garbharran has held senior executive roles in operations, risk management, and compliance at Scotia Bank, TD Bank, Standard Bank Group, and Discovery Holdings.  Ontario housing market: sales, prices and new construction to grow as recovery strengthens Ontario's existing home sales have rebounded significantly but a sluggishness in housing supply is leading to bidding wars which are pushing prices up across all housing types. New home construction, which dropped by almost 12 per cent in 2019, is expected to increase by 6.8 per cent in 2020 and by 6.2 per cent in 2021, led largely by new rental builds, according to Central 1's Ontario Regional Economist Edgard Navarrete, in the latest Ontario Housing Forecast for 2019-2022. Campaign Manager, Enhanced Personal Messages and Intercept Marketing Documentation We updated the Campaign Manager User Guide and the MemberDirect® Integrated Services Enhanced Personal Messages User Guide to include troubleshooting tips.  Central 1 Receives Strong Market Support for Debt Issuance On December 2, Central 1 held a National Investor Call with debt holders to explain our plans to legally segregate the Mandatory Liquidity Pool (MLP) in B.C. and Ontario.  Central 1 Events   Member Forum & AGM 2020 Central 1 members are invited to join us for two days of interactive sessions on current and emerging issues for credit unions in Canada. April 27 & 28 The Westin Ottawa Ottawa, ON Momentum 2020 Momentum is an opportunity to discuss the tremendous disruption facing the financial services industry and collaborate on collective strategies. September 20 – 22 Parq Vancouver Vancouver, BC Industry News   Economics U.S. House set to approve new North American trade deal replacing NAFTA (Reuters)  Canada adds jobs for fifth straight month in November: ADP (Reuters)   Industry News Riksbank reclaims payments role as Swedish cash loses its crown (Financial Post)  Security LifeLabs cyberattack one of 'several wake-up calls' for eHealth security and privacy (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     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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