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'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.
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
Now accepting scholarship apps Celebrating 40 years of service -- A loan to an innovative company -- Affording your dream home -- Mergers and a new branch in Raleigh View this email in your browser Forward to a friend
Your Market News update for May 30, 2019 | View online Market News News that's moving the market now As Trade-War Worries Linger, Market Seems to Lack Buying Conviction May 30, 2019 8:40 AM | JJ Kinahan 6 min read | Daily Market Update