The Hub: News & Events for November 21, 2018

View this email in your browser Central 1 News you need to know   Goodbye Vancouver. Canada's Great Housing Boom Is Shifting North (Bloomberg, mentions Central 1) Forget Vancouver. British Columbia's housing boom is set to shift to the province's rugged north as Royal Dutch Shell Plc's $31 billion liquefied natural gas project sparks an economic boom in the remote region. LNG, pipeline star in B.C. economic outlook (Vancouver Sun, interview with Bryan Yu, Central 1's deputy chief economist) Weak housing cycle to constrain growth in larger urban areas as construction falls, but general economic trends remain solid. Housing market slowdown dragging on B.C. economy: report (Western Investor, mentions Central 1) Forecast blames expected contraction in B.C.'s economic growth in 2019 squarely on reduction in residential real estate market activity. New CRTC Guidance on CASL Compliance and Enforcement (log in required) On November 5, 2018, the Canadian Radio-television and Telecommunications (CRTC)  released Compliance and Enforcement Information Bulletin CRTC 2018-415 (Information Bulletin) setting out guidelines on the Commission's approach to compliance, penalties and facilitating the commission of an offence under section (s.) 9 of Canada's Anti-Spam Legislation (CASL). PaymentStream™ Services Manual: Currency Ordering System (BC) Part Update (log in required) We revised procedures to indicate that credit unions no longer send contaminated and/or mutilated coin to the Royal Bank Cash Services Centre. Instead, credit unions will report issues with contaminated and/or mutilated coin to Central 1. Central 1 Events November 27-28, 2018 The User Sessions: Fall Webinar Series 10:30 am - 12:30 pm PST November 29, 2018 Central 1 Q3 Webinar 10:00 am - 11:00 am PT April 24-25, 2019 Member Forum  Sheraton Vancouver Wall Centre (Save the date) April 25, 2019 Central 1 AGM Sheraton Vancouver Wall Centre (Save the date) September 8-10, 2019 Momentum Summit & Trade Show Westin Harbor Castle, Toronto (Save the date)   Industry News Economics Strong economy gives Canada room for tax breaks in fiscal update (BNN Bloomberg) Child care called key to ending child poverty (The Star) Housing Mortgage stress test vs. high interest rates: which has impacted the Canadian housing market more? (Livabl) Payments Top three tech trends disrupting the payments industry (Innovation Enterprise) Sweden's push to get rid of cash has some saying, 'not so fast' (The New York Times) Personal Finance Nearly 25% of Gen X believes it's 'nearly impossible' to pay off debt: survey (Yahoo! News) Technology Greater fool theory comes back to haunt bitcoin and tech stocks: Don Pittis (CBC) Cannabis Worst may be yet to come for cannabis execs, pot users looking to cross Canada-U.S. border, experts say (CBC) Pot Is Becoming an Earner for Once Reluctant Toronto Law Firms (Bloomberg) Industry Events November 27-29, 2018 Real Estate Forum Metro Toronto Convention Centre January 23-24, 2019 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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