Central 1 has signed an agreement with an innovative fintech in the payments space, Expertus, to ensure it is meets Payments Canada's 2021 timelines for the rollout of Lynx (Canada's new high-value payments system) and the forthcoming ISO 20022 data-rich messaging standard.
Labour Markets - Regional B.C • Severe weather patterns a drag on January employment • Hours worked in economy slips three per cent • Unemployment rate declines, confirming tight labour market
B.C. Economic Briefing • Weather factors clip housing sector wings in January • B.C. MLS® sales declined 14 per cent from December • Market conditions hold firm • Housing starts dip to lowest level since mid2015 • Non-residential permits decline sharply in December, but construction cycle remains vigorous
Ontario Economic Briefing • Housing starts increased 21.6 per cent in January mostly due to increased condo apartment construction • Non-residential building permit volumes increased by 17.0 per cent in 2019 • The average price of a resale home moved up 1.7 per cent to $653,625 and months of supply remained near record low
Central 1 Events
Interested in Letters of Credit? Register Now for our Webinar and be part of the conversation Wednesday, February 26, 2020 1:00 p.m. to 2:00 p.m. ET
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
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