The Hub: News & Events for July 8, 2019

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July 8, 2019


Central 1 News 

  • Ontario's unemployment rate edged up to 5.4 per cent in June
  • Exports increased by 3.4 percent in May
  • Tourists spent $1.0 billion in Ontario in the first quarter of 2019
  • Home sales and new listings growth declined in Toronto month-over-month in June

B.C. Economic Briefing
  • Employment eases in June, but up 4.4 per cent from 2018
  • Metals and mineral sales boost exports in May
  • June MLS® home sales remain sluggish in the Lower Mainland, prices decline
Central 1 Events

September 8-10, 2019
Momentum Summit & Trade Show 
(including AmpliFI Awards Ceremony)
Westin Harbour Castle, Toronto


October 28-29, 2019
PeopleFocus 2019
Coast Coal Harbour Hotel, Vancouver

Button to Credit Union Careers
Button to Central 1's Economic Insights
Button to our Annual Research Package

Industry News

Credit unions
Credit union closes PoCo branch (Tricity News)

Desjardins offers more protection to data theft victims (CBC)

'Organized crime knows fraud is the way to go': former RCMP financial crime expert (Global)

7-Eleven's mobile payment app shut down after hackers nab $500K from customers (YAHOO)

Housing / real estate
Home sales in B.C. expected to decline for third straight year (Kamloops This Week)

Condo flippers beware: The taxman is watching you, and has new tools at his disposal to 'take action' (Financial Post)

Interest rate cuts could add to the headwinds already facing Canada's big banks (Financial Post)

North American stock markets slide lower, loonie gains against U.S. dollar (BNN Bloomberg)

Blockchain-based payments could help solve growth constraints in the burgeoning Esports industry (Financial Post)


Industry Events

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

September 15-17, 2019
CULA Conference - Transformative Leadership
White Oaks Conference Resort
Niagara-on-the-Lake, ON

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


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