The Hub: News & Events for June 3, 2019

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June 3, 2019


Central 1 News 

  • B.C. farm receipts up six per cent in 2018, but net income slips
  • Cannabis a key driver of the gains
  • Average weekly earnings rise 1.2 per cent in March but compositional factors contribute
  • Labour market trends remain solid
  • Ontario payroll hiring increased by 2,956 net new workers in March but down 32 per cent from net hiring in February
  • Small-business confidence remained below the long-term monthly average in May 
  • Canadian motor vehicle and parts manufacturing added 1.3 per cent to national GDP in March at seasonally adjusted at annual rate

On the Forge Wave - Wave One Clients Underway and Master Service Agreements Signed  
​Last fall we launched our wave registration process to allow you, our clients to select the implementation timing that works best for your business. Today, a full third of Central 1's clients have selected a preferred wave. That equates to almost 1.1 million active users who will experience the benefit of the Forge platform in the months ahead.   

Special Economic Measures Act/Canadian Sanctions 
(login required) 
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).    


Central 1 Events

June 12, 2019
User Sessions Spring Webinar  

September 8-10, 2019
Momentum Summit & Trade Show
Westin Harbour Castle, Toronto
Button to Credit Union Careers
Button to Central 1's Economic Insights
Button to our Annual Research Package

Industry News

Credit unions
Brampton Fletchers Meadow Centre is home to a new Meridian location (Press release)

First-quarter stall masks underlying strength in Canada's economy (BNN Bloommberg)

Morgan Stanley sees recession within year if trade war gets any worse (Financial Post)

World's Most Competitive Economies: Canada Falls To Lowest Spot Ever In Rankings (Huffington Post)

Alleged fraud scheme cheated Richmond woman out of life savings, panel told (Business in Vancouver)

Housing / real estate
Montreal aims to find affordable-housing fix that has eluded Toronto, Vancouver (CTV) 

Toronto Is The Fastest-Growing City In U.S. And Canada, And That's Not Good (Huffington Post)

Money launderers the latest bogeyman to blame (Business in Vancouver)

What's been a better 10-year investment: Vancouver real estate, or stocks? (ILivabl)

Canada's Big Six banks just proved there's no 'calamity' (BNN Bloomberg)

Why not all wealth advisors are worried about the rise of robo (Financial Post)


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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