The Hub: News & Events for January 13

View this email in your browser January 13, 2020   Central 1 News Payment Solutions Manual: PaymentStream™ Direct Part Update (Login required) PaymentStream Direct users can add and delete Canada Revenue Agency (CRA) accounts for tax payment and filing purposes on behalf of a member for the following five forms.  B.C Economic Briefing (by Central 1 deputy chief economist Bryan Yu) B.C. employment declines extend into December Housing starts reach record high in 2019 due to Metro Vancouver strength Lower Mainland home sales rise in December; market conditions tighten Exports decline 14 per cent in November Mild relief in October lumber production is likely temporary Ontario Economic Briefing (by Central 1 regional economist Edgard Navarrete) Ontario's unemployment rate fell from 5.7 per cent to 5.5 per cent in 2019 Ontario housing starts fell by 12.8 per cent in 2019 to 68,941 units Average price and sales in Toronto's housing market increased significantly in 2019 Lower commercial and institutional building intentions pulled down non-residential building intentions in November Exports in Ontario were down for the second consecutive month in November 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 Credit Union News Tandia Financial Credit Union Opens New Corporate Office in Burlington (Press Release) Economics  Bank of Canada survey says business confidence is up (CBC) Businesses more upbeat as trade tensions ease, Bank of Canada finds (Financial Post) Oil remains a pillar of Canada's economy, but it's the digital economy that's driving growth (Financial Post)  Real Estate  Vancouver home sales rose 3 per cent in 2019 (Globe and Mail, login required) Toronto's housing prices expected to accelerate further this year: TREB (Daily Hive)  Technology Banks challenge Canadian post-secondary students to create cyber solutions (IT World Canada) 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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