The Hub: News & Events for May 23, 2019

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Industry News

Credit unions
Libro Credit Union to create 10 jobs in Oxford County (Press release)

DBRS Confirms Coast Capital Savings Federal Credit Union at BBB (high); Trend Stable (Press release)

Construction jobs help boost B.C. labour market in April (Business in Vancouver) - weekly column by Central 1 Deputy Chief Economist Bryan Yu

Personal finance
Seniors represent group most likely to be delinquent on mortgages, report says (The Star)

'Card-mageddon' is coming: Why Interac's CEO believes card-swiping will soon be a thing of the past (Financial Post)

Moody's Lowers Equifax Rating After Cyberattack (PYMNTS

Housing/Real Estate
New mortgage loans slowed in Canada but overall value is still rising, says CMHC  (CBC)

CMHC says Canadians' debt levels hit record highs at end of last year (CTV)

Canada's big-city housing markets are all at different stages of the cycle, April figures show (Vancouver Sun)

Nearly $90b in equity wiped off Lower Mainland home values in past year (with infographic) (Business in Vancouver)

Once a contender for Canada's hottest market, Hamilton housing is weak this spring (Livabl)


Industry Events

June 9-14, 2019
CanadaDE Credit Union Leadership Program
Saint Mary's University
Halifax, NS

June 10, 2019
OCUF Golf Classic & Culinary Class
Markland Wood Golf Club, Toronto, ON

July 28-31, 2019
World Credit Union Conference
The Atlantis Resort, Bahamas

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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