The Hub: News & Events for February 28

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February 28, 2020


Central 1 News 

Interest Rate Forecast

• Coronavirus spreads, markets tumble
• Domestic disruptions compound growth concerns
• Rate scenario dependent on pandemic outcome.

Payment Solutions Manual: Update to FAQs for PaymentStream AFT - login required
We clarified how business members can create bookmarks to avoid getting login error messages when accessing PaymentStream™ AFT after the initial login. 

Payment Solutions Manual: Counterfeit Banknote Reporting Process Update  - login required
We updated content in the Payment Solutions Manual to reflect the change in reporting counterfeit banknotes per advisories published on the Secure Site
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
Button to Credit Union Careers
Button to Central 1's Economic Insights
Button to our Annual Research Package

Industry News

Canada economy puts in worst performance in almost for years as woes bite (Reuters)

Toronto Stocks Plunge, Catching Up to Global Rout on Virus (Bloomberg)

Coronavirus crash wipes $6 trillion off world stocks; TSX plunges (Financial Post)

Industry News
Canadians finding hundreds of dollars in unclaimed cheques on CRA website (CBC) 

Scotiabank halts all non-essential travel as coronavirus spreads: Bloomberg News (Reuters) 

Technology News
Investors on edge as TMX set to open after tech glitch shut trading (Reuters)

Vatican joins IBM, Microsoft to call for facial recognition regulation (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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