The Hub: News & Events for April 1, 2019

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April 1, 2019


Central 1 News 

B.C. Economic Briefing
  • Export sales momentum sluggish despite year-over-year gain
  • January payroll employment up 3.1 per cent
  • Average weekly earnings growth stalls • Job vacancy rate remains highest in the country
  • Small business confidence languishes
  • Large metro markets drive B.C. population growth in 2018

Ontario Economic Briefing
  • Hiring increased in January offsetting last month's job losses
  • Exports rebounded strongly in January
  • After two months of gains small-business confidence fell sharply in March
  • International immigrants continued to lift Ontario's population in 2018
  • Motor vehicle and parts manufacturing increased by 3.7 per cent in January

Changes to Credit Facilities effective April 1, 2019  (login required)
As ​communicated on October 24, 2018, demand for credit facilities has increased significantly over the past year. We've made changes to our Credit Facilities to improve how we support and meet the evolving needs of the credit union system.     
Special Economic Measures Act 
(login required)
Attention:  CEOs, GMs and Compliance Officers 
Canadian Credit Union Association (CCUA) Regulatory Compliance supports the reporting requirements under the Special Economic Measures Act (SEMA), the United Nations Act (UNA)and the Freezing Assets of Corrupt Foreign Official Act (FACFOA). Learn more. (member login required). 


Central 1 Events

April 24-25, 2019
Central 1 Member Forum
Sheraton Vancouver Wall Centre

April 25, 2019
Central 1 AGM
Sheraton Vancouver Wall Centre

September 8-10, 2019
Momentum Summit & Trade Show
Westin Harbor Castle, Toronto

(Save the date)
Button to Credit Union Careers
Button to Central 1's Economic Insights
Button to our Annual Research Package

Industry News

Credit unions
Anderson Cooper Speaks to Sold Out Crowd as the First Headliner of the WFCU Credit Union Speaker Series (Press release)

Friend of the Foundation Inductees - OCUF (Press release)

Poloz has chance with Arctic speech to put rate-cut bets on ice (BNN Bloomberg)

Canadian consumer sentiment shows signs of rebound after slump (BNN Bloomberg)

Rise in cashless payments stokes concerns over data security (Globe and Mail)

For Credit Unions: Trust, But Innovate (Paymnts)

Personal finance

Understanding last-resort options when you can no longer pay your debts (CTV)

Housing Affordability Survey Finds It's Harder Than Ever To Go From Renting To Owning A Condo In Canada (Huffington Post)

Cheaper mortgage rates to give a short-lived 'boost' to Lower Mainland home sales (Livabl)




Industry Events

April 9, 2019
Concentra Bank Annual Meeting of Shareholders
Video Webcast

April 23, 2019
Credit Union Foundation of BC AGM (2:00 pm)
Stabilization Central Credit Union of B.C. AGM (3:00 pm)
Sheraton Vancouver Wall Centre

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

May 7-9
Enhancing Business Performance through Co-operative Management Strategies
Saint Mary's University
Winnipeg, MB

June 9-14
CanadaDE Credit Union Leadership Program
Saint Mary's University
Halifax, NS

September 15-17, 2019
CULA Conference
White Oaks Conference Resort
Niagara-on-the-Lake, ON
(Save the date)

October 21-22, 2019
Everlink Connections 2019
Hilton Toronto
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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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