The Hub: News & Events for December 6, 2018

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Central 1 News you need to know


Bank of Canada Rate Announcement
No change in the Bank of Canada's policy rate was announced, leaving it unchanged at 1.75 per cent. The Bank took a more dovish tone than in October citing several factors that could keep rates lower for longer. 

Retail sales growth stalls; tourism remains strong (Business in Vancouver, article by Bryan Yu, Central 1's deputy chief economist)
B.C. retail sales were little changed in September, pointing to softness in consumer demand, while wildfires that swept through the B.C. Interior also tempered gains.

Communication from the Ontario Insurance Advisory Council (log in required)
Several years ago, the Ontario Master Bond Program (MBP) was amended to eliminate the involvement of the Credit Union Deductible Fund (CUDF) -a self-insurance fund - as the first layer of coverage. The MBP has been fully insured by The Credit Union Bonding Program (TCUBP) since then. 

Operations Manual Program: Search and Usability Improvements to The Guide (BRITISH COLUMBIA) (log in required)
The Guide has been improved with better search functionality, including filtering by Volume, and several changes for easier navigation and reading.

Operations Manual Program: Search and Usability Improvements to The Guide (ONTARIO) (log in required)
The Guide has been improved with better search functionality, including filtering by Volume, and several changes for easier navigation and reading.
Central 1 Events

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)













 
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Button to our Annual Research Package

Industry News


Credit Unions
City Savings Financial Services to join forces with Alterna Savings (News Release)

B.C. businesses: New climate plan will boost clean economic growth (Pembina Institute, mentions Vancouver City Savings)



Economics
Canada will feel oilpatch pain, but not as badly as 2015: Poloz (CBC)

The next Canadian interest rate hike may have just been pushed back all the way to next spring (Livabl)


Politics
Privacy watchdog warns of 'critical tipping point' as Canada stakes ground in digital economy (CBC)


Finance

A quarter of millennials don't feel 'adequately prepared' to deal with finances: survey (Yahoo! Finance)

Financial empowerment is the road to success for Indigenous youth (National Post)


Cybersecurity

Cyber crooks increasingly targeting home devices: report (CBC)


Housing

Here's how Canadian household debt levels could affect the housing market in 2019 (Livabl)


Technology

Harnessing the Power of Artificial Intelligence for All Canadians (Techvibes)

Industry Events

December 11, 2018
Concentra Bank
Q3 Investor Relations Webinar

9:00 - 10:00 am PT


December 19, 2018
Compliance: A Credit Union Perspective Webinar
10:00 - 11:00 am PT



January 9, 2019
State of the System Webinar
1:00 - 2:00 pm ET



January 22-23, 2019
A Shared Vision
Delta Ottawa City Centre



February 19-20, 2019
Global Alliance for Banking on Values
Vancouver Convention Centre



March 27-29, 2019
Ontario Credit Union Conference
Toronto Airport Marriott Hotel

(Save the Date)


May 5-8, 2019
2019 National Conference for Canada's Credit Unions
Winnipeg Convention Centre

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Central 1 Credit Union, All rights reserved.

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Central 1 Credit Union - Member & External Communications · 1441 Creekside Drive · Vancouver, Bc V6S 4J7 · Canada

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