The Hub: News & Events for February 3

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February 3, 2020


Central 1 News 

B.C. Economic Briefing
• Weekly wage earnings dip 0.4 per cent from October, momentum still positive
• Resource sector drag on non-farm payroll counts
• Small business confidence edges higher

Ontario Economic Briefing
• Year-to-date, non-farm payroll employment in Ontario remained 2.0 per cent above pace
• Motor vehicle and parts manufacturing increased substantially in November
• Small businesses confidence recoiled in January

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


Food, shelter costs hurting growth of B.C. retail sales (Business in Vancouver) -  featuring Central 1's Bryan Yu

TSX rises after two sessions of losses (Reuters) 

Shanghai stock exchange has worst day since 2015 as markets reopen amid coronavirus outbreak (CBC) 

Consumer Confidence Holding Firm in Canada Despite Slowdown (Bloomberg) 

Huawei, Chinese chip makers keep factories humming despite virus outbreak (Reuters)

Industry News
Replace the term 'open banking' with 'consumer-directed finance,' committee recommends (Financial Post)

Industry Events

February 19, 2020 
PRMIA Vancouver presents Climate Risk for Investment
SFU Graduate School of Business
Vancouver, BC

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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