The Hub: News & Events for May 1, 2019

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May 1, 2019

 

Central 1 News 

 
Interest rate forecast
Central 1 Chief Economist Helmut Pastrick provides analysis and predictions of the interest rate environment. Highlights: 
  • An optimistic Bank of Canada expects higher rates
  • Global growth revival begins
  • Canada's economic outlook to keep rates on hold
 
Payment Solutions Manual: FX Notes Plus Part Update  (login required)
We updated Section 7.3, Foreign Currency and Draft Delivery Methods and Order Deadlines, to simplify the wording on delivery fees. All content on fees is provided in the Digital & Payment Services Fee Schedule, Form 2725. 




 
Central 1 Events

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

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

Industry News



Credit unions
City Savings is now Alterna Savings and Credit Union Limited (Press release)

Global Ask an Expert: What to do if you owe taxes (Global) - features Coast Capital Savings

Focus on youth May 1-7 (Kelowna Daily Courier) - features Coast Capital Savings


Differences Between Owning Property and Investing in REITs (BNN Bloomberg) - features panelist from BlueShore Financial  

Costs of Owning Cottages and Vacation Properties (BNN Bloomberg) - features panelist from BlueShore Financial  

BC's child care investments have major impact on 2019 living wage: Dramatically lower out-of-pocket child care costs offset increases in other family expenses (Press release) - Integris Credit Union



Economics
Trump pressures U.S. central bank to lower interest rates (CBC)


Banking
Bank employees angry regulator's report on sales tactics weakened after banks and government review drafts (CBC)

Three Metrics CUs Can Use To Retain Members (PYMNTS)


Technology

Canada's banks launch SecureKey's Verified.Me digital identity network (CTV)


Housing/Real estate
Scrapping mortgage rules would boost Canadian home prices: TD (BNN Bloomberg)

Vancouver's 'hostile' housing market nears significant declines, warns PIMCO's Devlin (BNN Bloomberg)



Payments
Man dissolves credit card to make contactless ring (PYMNTS)

 

Industry Events


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



May 7-9, 2019
Enhancing Business Performance through Co-operative Management Strategies
Saint Mary's University
Winnipeg, MB



June 9-14, 2019
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 3 – 5, 2019
35th Annual Credit Union Directors' Forum 
 
"Good Governance: The Future of Ontario's Credit Unions"
Hilton Mississauga/Meadowvale


October 21-22, 2019
Everlink Connections 2019
Hilton Toronto
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Central 1 Credit Union, All rights reserved.

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