The Hub: News & Events for February 24

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February 24, 2020


Central 1 News 

B.C. Economic Briefing
• Retail spending edges up 0.1 per cent in December, outlook for 2020 mixed
• Forestry crisis drives first manufacturing sales decline since 2009
• CPI inflation climbs to 2.3 per cent in January, driven by increased energy costs

Ontario Economic Briefing
• Ontario posted the largest retail sales gains of all Canadian provinces in 2019
• Headline inflation remained unchanged but gasoline prices are climbing aggressively
• Manufacturing sales increased only 0.2 per cent in 2019
• Employment insurance beneficiaries increased in large metro markets in December 

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

Industry News

Canada Pension Fund Cut Stocks in 2019, Added to Infrastructure (Bloomberg)

Toronto stocks drop, gold miners gain as coronavirus fears spell risk-off mood (Reuters)

Industry News
Canceled Teck oil sands project underscores global climate-energy policy tension (Reuters) 

JPMorgan to launch digital bank in UK as growth in sector slows (Finextra) 

Facial recognition company Clearview AI probed by Canada privacy agencies (Reuters) 


Industry Events

March 5, 2020 
Model Risk Management
SFU Graduate School of Business
Vancouver, BC

April 16-17, 2020 
2020 CUMA Annual Conference
Sheraton Cavalier
Saskatoon, SK

May 3-6, 2020 
National Conference for Canada's Credit Unions
Telus Convention Centre
Calgary, Alberta
Registration Opens: February 20, 2020

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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