The Hub: News & Events for November 15, 2018

View this email in your browser Central 1 News you need to know   B.C. employment nudges up in October (Business in Vancouver, article by Bryan Yu, Central 1's deputy chief economist) No material changes in B.C.'s labour market were recorded in October. Employment changed slightly, and the unemployment rate edged a notch lower to 4.1% from 4.2% in September. Economist predicts return to average for Niagara home sales (Welland Tribune, mentions Edgard Navarrete, Central 1's Ontario Regional Economist) After record-setting years for real estate sales in Niagara, a new report being developed by a national credit union predicts a slowdown in the demand for housing in years to come. Ontario regional labour report – October 2018 October's employment numbers were nearly unchanged from last month posting a modest increase of 2,500 new jobs at 0.03 per cent growth month-over-month. This was due to the creation of 7,500 full-time jobs that was offset by the loss of 5,000 part-time jobs.  B.C. regional labour report – October 2018 No material changes in B.C.'s labour market were recorded in the October 2018 Labour Force Survey by Statistics Canada. Employment changed slightly, and the unemployment rate edged a notch lower to 4.1 per cent from 4.2 per cent in September.  Intercept Marketing in Campaign Manager – Launched! (log in required) An enhanced feature has now been launched within Campaign Manager to create Intercept Marketing campaigns! This feature enables a web-based notification to appear when customers are logging in to their online banking. Central 1 Events November 16-17, 2018 2018 Fall Peer Group Meeting: Peer Group 2 Summerland, BC November 27-28, 2018 The User Sessions: Fall Webinar Series 10:30 am - 12:30 pm PST April 24-25, 2019 (Save the date) Member Forum  Sheraton Vancouver Wall Centre April 25, 2019 (Save the date) Central 1 AGM Sheraton Vancouver Wall Centre September 8-10, 2019 (Save the date) Momentum Summit & Trade Show Westin Harbor Castle, Toronto   Industry News Credit Unions Bare minimum (Enterprise magazine, mentions Kindred, DUCA, Libro & PenFinancial CU) Dividing lines between credit unions, banks blurring, but key differences remain (Ottawa Citizen, mentions CCUA Economics Canada's economic Achilles heel: A mountain of household debt (Vancouver Sun) Real Estate Bank of Canada finds dramatic fall in highly indebted borrowers (BNN Bloomberg) Average Canadian house worth $496,800 last month, down 1.5% in past year (CBC) Markets Energy CEOs Are at Their Wit's End in Canada (Bloomberg) Trade Barriers must fall for Canada to double trade to China: industry (Toronto Star) Data Data Explosion Could Burn Credit Unions (CU Management)   Industry Events November 27-29, 2018 Real Estate Forum Metro Toronto Convention Centre December 4-5, 2018 A Shared Vision Delta Ottawa City Centre March 27-29, 2019 (Save the Date) Ontario Credit Union Conference Toronto Airport Marriott Hotel May 5-8, 2019 (Save the Date) CCUA National Conference Winnipeg Convention Centre       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.

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