The Hub: News & Events for November 1, 2018

View this email in your browser

Central 1 News you need to know


Interest Rate Forecast
Highlights:
  • Bank of Canada raises rates, removes gradual
  • Exports and housing key to Bank's forecasts
  • Momentum to raise rates in 2019
  • Slower growth in 2020 stalls rate normalization
B.C. housing sales remain sluggish (Business in Vancouver, written by Bryan Yu, Central 1's deputy chief economist)
Weak housing sales continued through September. B.C. Multiple Listing Service sales declined 33% year-over-year, to 5,580 units. While this decline was deeper than August's 26% drop – on a seasonally adjusted basis – sales were virtually unchanged from August at 6,357 units and have stabilized since June.

Celero Interviews: Central 1's James Ireland Shares the Latest on Risk Landscape for Credit Unions… (CU Broadcast)
James Ireland, VP, Liquidity & Market Risk at Central 1, joined us in the Studio Lounge to detail today's risk landscape for credit unions. Check it out and let us know your thoughts.

Return Processing for Remembrance Day November 12, 2018 - ALL REGIONS (log in required)
For a detailed listing of Cheque Return Processing and Automated File Transfer (AFT) processing timeframes for B.C. and Ontario during the upcoming Remembrance​ Day Holiday, you can access the document via the linked headline.
Central 1 Events
 




November 16-17, 2018
2018 Fall Peer Group Meeting:
Peer Group 2

Summerland, BC
















 

Industry News



Credit Unions
Central Okanagan students receive Coast Capital education awards (Lake Country Calendar)

Female baby boomers can be left financially unprepared... (The Lynda Steele Show, interview with BlueShore Financial Investment Advisor Illana Schonwetter)

FIRST WEST CREDIT UNION BECOMES FIRST CANADIAN FINANCIAL INSTITUTION TO OFFER SENDGLOBAL DIGITAL INTERNATIONAL MONEY TRANSFER SERVICE TO THEIR MEMBERS (FICANEX News Release)



Banking
Most banks will be made irrelevant by 2030 - Gartner (Finextra)


Payments
Startup bets it can end Japan's love affair with cash payments (Bloomberg)


Security
Privacy commissioner launches probe into StatsCan over collection of financial data (CBC)

New privacy rules will force Canadian companies to disclose data breaches (CBC)

Industry Events




November 1, 2018 
CUSource - Cannabis at work: challenges for credit unions
Webinar

November 5-6, 2018
Everlink Payment Services - Connections 2018
Hilton, Toronto

November 5-6, 2018
Hike the Hill 2018
Ottawa, ON


 








 
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.






This email was sent to central1@banking.offers.report
why did I get this?    unsubscribe from this list    update subscription preferences
Central 1 Credit Union - Member & External Communications · 1441 Creekside Drive · Vancouver, Bc V6S 4J7 · Canada

Comments

Popular posts from this blog

Fidelity: Bollinger band stock signal

Viewpoints: What to do after a data breach