The Hub: News & Events for December 19

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December 19, 2019

 

Central 1 News


Central 1 appoints Dinesh Garbharran as Chief Risk Officer

Central 1 Credit Union (Central 1) is pleased to announce the appointment of Dinesh Garbharran as Chief Risk Officer, effective January 2, 2020. 

Garbharran specializes in leading high-performing teams to deliver complex regulatory, technology, and business programs. Having worked within the financial and health sectors in Canada and South Africa, Garbharran has held senior executive roles in operations, risk management, and compliance at Scotia Bank, TD Bank, Standard Bank Group, and Discovery Holdings. 

Ontario housing market: sales, prices and new construction to grow as recovery strengthens

Ontario's existing home sales have rebounded significantly but a sluggishness in housing supply is leading to bidding wars which are pushing prices up across all housing types. New home construction, which dropped by almost 12 per cent in 2019, is expected to increase by 6.8 per cent in 2020 and by 6.2 per cent in 2021, led largely by new rental builds, according to Central 1's Ontario Regional Economist Edgard Navarrete, in the latest Ontario Housing Forecast for 2019-2022.

Campaign Manager, Enhanced Personal Messages and Intercept Marketing Documentation

We updated the Campaign Manager User Guide and the MemberDirect® Integrated Services Enhanced Personal Messages User Guide to include troubleshooting tips. 

Central 1 Receives Strong Market Support for Debt Issuance

On December 2, Central 1 held a National Investor Call with debt holders to explain our plans to legally segregate the Mandatory Liquidity Pool (MLP) in B.C. and Ontario. 
Central 1 Events
 
Member Forum & AGM 2020
Central 1 members are invited to join us for two days of interactive sessions on current and emerging issues for credit unions in Canada.
April 27 & 28
The Westin Ottawa
Ottawa, ON

Momentum 2020
Momentum is an opportunity to discuss the tremendous disruption facing the financial services industry and collaborate on collective strategies.
September 20 – 22
Parq Vancouver
Vancouver, BC
Button to Credit Union Careers
Button to Central 1's Economic Insights
Forge
Button to our Annual Research Package

Industry News
 

Economics
U.S. House set to approve new North American trade deal replacing NAFTA (Reuters) 

Canada adds jobs for fifth straight month in November: ADP (Reuters)  

Industry News
Riksbank reclaims payments role as Swedish cash loses its crown (Financial Post) 

Security
LifeLabs cyberattack one of 'several wake-up calls' for eHealth security and privacy (CBC) 
 

Industry Events

January 27, 2020
Co-op & Credit Union Governance Summit

Terminal City Club
Vancouver,  BC


June 7-12, 2020
Credit Union Development Education Leadership Program

Saint Mary's University
Halifax, NS

 

 
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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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