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Central 1 News, Events
Momentum Conference & Trade Show 2018
28 October 2018
Central 1's Momentum Conference & Trade Show will be held at the Parq Vancouver in Vancouver October 28-30. Momentum 2018 will include content themes organized...
Economics
/ 21 Sep 2018
Economics
/ 14 Sep 2018
Ontario Economic Briefing
Ontario briefing for September 14 looks at tourism, housing starts and housing resale market in Toronto.
Economics
/ 14 Sep 2018
B.C. Economic Briefing
B.C. briefing for September 14 looks at housing starts and tourism
Economics
/ 07 Sep 2018
Ontario Economic Briefing
Ontario briefing for September 7 looks at unemployment, exports and non-residential building permits.
Economics
/ 07 Sep 2018
B.C. Economic Briefing
B.C. briefing for September 7 looks at employment, housing market, exports and residential building permits.
Economics
/ 31 Aug 2018
Ontario Economic Briefing
Ontario briefing for August 31 looks at wages and employment, business confidence and transportation manufacturing.
Economics
/ 31 Aug 2018
B.C. Economic Briefing
B.C. briefing for August 31 looks at wages and employment, business confidence and sawmill production.
Central 1 News
/ 30 Aug 2018
Economics
/ 30 Aug 2018
Bank of Canada rate announcement
The Bank of Canada is expected to leave its key policy rate unchanged at 1.50% following its Sept. 5, 2018 rate announcement meeting.
Economics
/ 24 Aug 2018
Ontario Economic Briefing
Ontario briefing for August 24 looks at retail sales and Employment Insurance claims.
Economics
/ 24 Aug 2018
B.C. Economic Briefing
B.C. briefing for August 24 looks at retail sales and Employment Insurance claims.
Industry News
/ 24 Aug 2018
Ontario Regional Labour Report – July 2018
The latest reading from the Labour Force Survey shows that in July, Ontario created 60,600 net new jobs, the largest net month-over-month net increase in...
Industry News
/ 24 Aug 2018
B.C. Regional Labour Report – July 2018
HIGHLIGHTS: Employment growth revs up in July, Growth concentrated outside Metro Vancouver, Services-sector leads growth, & Unemployment rate of 5.0 per cent lowest among provinces...
Central 1 News
/ 23 Aug 2018
Economics
/ 17 Aug 2018
Interest Rate Forecast – August 2018
The economic impact of trade tensions and tariffs are minimal thus far but are becoming more evident and will be more impactful over time.
Economics
/ 17 Aug 2018
B.C. Economic Briefing
B.C. briefing for August 17 looks at home sales, manufacturing sales, new vehicle sales and CPI.
Economics
/ 17 Aug 2018
Ontario Economic Briefing
Ontario briefing for August 17 looks at manufacturing sales, homes market, Ontario CPI, tourism.
Central 1 News, Industry News
/ 14 Aug 2018
Economics
/ 10 Aug 2018
Ontario Economic Briefing
Ontario briefing for August 10 looks at labour, new home construction, non-residential building permits and condo sales.
Economics
/ 10 Aug 2018
B.C. Economic Briefing
B.C. briefing for August 10 looks at employment, housing starts and non-residential building permits.
Economics
/ 03 Aug 2018
Ontario Economic Briefing
Ontario briefing for August 3 looks at small business confidence, exports, housing sales and Canadian GDP
Economics
/ 03 Aug 2018
B.C. Economic Briefing
B.C. briefing for August 3 looks at international exports, housing sales and small business confidence
Economics
/ 27 Jul 2018
Ontario Economic Briefing
Ontario briefing for July 27 looks at wholesale trade, new car sales, payroll employment and GDP
Economics
/ 27 Jul 2018
B.C. Economic Briefing
B.C. briefing for July 27 looks at job growth and wholesale trade
Economics
/ 20 Jul 2018
Ontario Economic Briefing
Ontario briefing for July 20 looks at home sales, manufacturing sales, retail sales, CPI, EI claims
Economics
/ 20 Jul 2018
B.C. Economic Briefing
B.C. briefing for July 20 looks at housing sales, CPI, retail sales, manufacturing sales and non-residential investment
Central 1 News
/ 17 Jul 2018
Economics
/ 13 Jul 2018
Ontario Economic briefing
Ontario briefing for July 12 looks at housing starts, non-residential building permits and job market
Economics
/ 13 Jul 2018
B.C. Economic Briefing
B.C. briefing for July 13 looks at housing starts, labour shortages and non-residential building permits
Central 1 News
/ 12 Jul 2018
Central 1 News, Economics
/ 10 Jul 2018
Central 1 News, Industry News
/ 09 Jul 2018
Economics
/ 09 Jul 2018
Economics
/ 09 Jul 2018
Economics
/ 06 Jul 2018
Ontario briefing: July 6
Ontario briefing for July 6 looks at the unemployment rate, exports, business confidence and Toronto's home resale market
Economics
/ 06 Jul 2018
B.C. briefing: July 6
B.C. briefing for July 6 looks at employment and unemployment, exports and Lower Mainland home sales.
Economics
/ 29 Jun 2018
B.C. briefing: June 29
B.C. briefing for June 29 looks at average weekly earnings, manufacturing sector and small business confidence
Economics
/ 29 Jun 2018
Ontario briefing: June 29
Ontario briefing for June 29 looks at payroll employment, manufacturing GDP and tourism
Central 1 News, Industry News
/ 28 Jun 2018
Economics
/ 26 Jun 2018
B.C. regional labour report May 2018
HIGHLIGHTS: • Declining employment trend masks tight labour market environment • Average employment declines 0.5 per cent from April • Vancouver CMA sheds jobs as...
Central 1 News, Industry News
/ 26 Jun 2018
Economics
/ 22 Jun 2018
Ontario Economic Briefing
Ontario briefing for June 22 looks at population, home market, retail sales, inflation and EI.
Economics
/ 22 Jun 2018
B.C. briefing: retail sales, home sales, manufacturing shipments, tourism and BC inflation
B.C. briefing for June 22 looks at retail sales, home sales, manufacturing shipments, tourism and BC inflation
Economics
/ 20 Jun 2018
Booming Rental Construction: Renaissance or Mirage?
B.C. looks to be in the middle of a rental construction renaissance.
Economics
/ 15 Jun 2018
Ontario briefing: manufacturing, new car sales, Teranet house price indices
Ontario briefing for June 15 focuses on manufacturing, new car sales, Teranet house price indices
Economics
/ 15 Jun 2018
B.C. economic briefing: home prices and population growth
B.C. economic briefing for June 15 focuses on home prices and population growth
Central 1 News, Economics
/ 14 Jun 2018
Economics
/ 14 Jun 2018
Ontario housing forecast 2018-2020
Ontario’s homeownership market is set for slower growth over the next three years due to policy constraints, higher mortgage rates, and, moderate economic growth. Barring...
Economics
/ 08 Jun 2018
Ontario briefing: employment, housing starts, trade balance, Toronto housing market, small business confidence
Ontario briefing for June 8 looks at employment, housing starts, trade balance, Toronto housing market, small business confidence
Economics
/ 08 Jun 2018
B.C. briefing: employment, housing starts, exports, Lower Mainland home sales and prices
B.C. briefing for June 8 looks at employment, housing starts, exports, Lower Mainland home sales and prices
Central 1 News, Economics
/ 06 Jun 2018
Slower sales volume and price growth forecast in B.C. through 2020 on tighter credit conditions, Central 1 forecast
New B.C. Housing Outlook Report 2018 - 2020 VANCOUVER – B.C. can expect slower housing market sales volume and price growth through 2020 due to policy constraints, higher mortgage rates and deceleration in economic growth, according to the latest Central 1 Credit Union (Central 1)...
Economics
/ 06 Jun 2018
B.C. housing forecast 2018-2020
B.C. is set for a slower housing performance over the next three years. Policy constraints, higher mortgage rates and deceleration in economic growth will slow sales volume and price growth. However, in the absence of a severe negative economic shock or recession, no housing correction...
Economics
/ 05 Jun 2018
Interest Rate Forecast – May 2018
Trade tensions top the list of concerns and risks for economic prospects and monetary policy. The most recent trade action on steel and aluminum tariffs by the U.S. prompted retaliations, escalating tensions.
Economics
/ 01 Jun 2018
B.C. briefing: average weekly earnings, non-farm payrolls, new dwelling construction, small business confidence
B.C. briefing for June 1 covers average weekly earnings, non-farm payrolls,new dwelling construction and small business confidence
Economics
/ 01 Jun 2018
Ontario briefing: payroll employment numbers, motor vehicle and parts manufacturing
Ontario briefing for June 1 covers payroll employment numbers, motor vehicle and parts manufacturing
Central 1 News, Economics
/ 30 May 2018
Housing speculation in Toronto and Hamilton May 2018
Speculation is cited as a factor behind home price appreciation during this cycle in the Toronto and Hamilton metropolitan areas.
Central 1 News, Industry News
/ 28 May 2018
Economics
/ 25 May 2018
Ontario briefing: wholesale trade, tourism and Employment Insurance
Ontario briefing for May 25: wholesale trade, tourism and Employment Insurance
Economics
/ 25 May 2018
B.C. briefing: tourism, Employment Insurance, sawmill production
B.C. briefing for May 25: tourism, Employment Insurance, sawmill production
Economics
/ 18 May 2018
Economics
/ 18 May 2018
Economics
/ 18 May 2018
Ontario briefing: home prices, manufacturing sales, retail sales, CPI, average hourly wage
Ontario briefing: home prices, manufacturing sales, retail sales, CPI, average hourly wage
Economics
/ 18 May 2018
B.C. briefing: home sales, retail sales, manufacturing shipments and CPI
B.C. briefing: home sales, retail sales, manufacturing shipments and CPI
Central 1 News
/ 11 May 2018
Central 1 Announces Departure of Chief Financial Officer
VANCOUVER – Central 1 Credit Union (Central 1) announced today that Dan Blue, Chief Financial Officer, has left Central 1, effective May 10, 2018. Dan joined Central 1 in 1999 and has been Chief Financial Officer since 2014. He has been an integral member of...
Central 1 News
/ 11 May 2018
Ontario Economic Briefing
Hightlights: employment, new housing starts, tourism, small business confidence, home prices.
Economics
/ 11 May 2018
B.C. Economic Briefing
Highlights include employment, new home construction and small business confidence.
Economics
/ 11 May 2018
Central 1 News
/ 07 May 2018
Ontario Economic briefing
This weeks economic briefings looks at how exports increased by 1.5 per cent, Ontario's real GDP gains in 2017 and Canada's Transportation equipment manufacturing GDP.
Industry News
/ 07 May 2018
Growth, Commodities, and Trumpian Uncertainty: What’s next for the economy?
Topics are Global Economic State, Commodity Market Trends, Canadian Outlook, and B.C. and Northern growth prospects.
Industry News
/ 07 May 2018
Growth, Rates, and Housing: Will B.C.’s economy continue to outpace?
Topics are Global Economic State, Canadian Outlook and Interest Rate Trends, B.C. Economy, Labour market issues, and the Housing Market.
Central 1 News
/ 04 May 2018
BC briefing: international exports in March, 2017 industry gross domestic product, and Lower Mainland home sales in April
This week's BC economic briefing look at international exports in March, 2017 industry gross domestic product, and Lower Mainland home sales in April
Central 1 News
/ 03 May 2018
Central 1 Announces Voting Results from Annual General and Special Meeting
VANCOUVER, May 3, 2018— Central 1 Credit Union (Central 1) is pleased to announce that its members have passed a special resolution amending its Constitutions and Rules, four dues resolutions and a resolution re-appointing its auditors, at its Annual General and Special Meeting held on...
Central 1 News, Industry News
/ 03 May 2018
Announcing the 2018 Gary Gillam Award Recipients
TORONTO, May 3, 2018 – Alterna Savings and Central 1 Credit Union (Central 1) are pleased to announce Brent Zorgdrager – Chief Executive Officer, Kindred Union, and Madison Hopper – Member Service Representative, Alterna Savings, as the two recipients of the 2018 Gary Gillam Awards....
Central 1 News, Industry News
/ 01 May 2018
Central 1 Credit Union welcomes ATB Financial, the largest user of its Bill Payment Processing Services
Landmark move by ATB illustrates to financial institutions that Central 1’s products and services are not just for credit unions VANCOUVER, BC – May 1, 2018 – Today, Central 1 Credit Union (Central 1) announces that ATB Financial, the largest Alberta-based financial institution, has procured...
Central 1 News
/ 01 May 2018
Interest rate forecast April 2018
The Bank of Canada took center stage in April and delivered its standard performance.
Industry News
/ 27 Apr 2018
Industry News
/ 27 Apr 2018
Industry News
/ 20 Apr 2018
Industry News
/ 20 Apr 2018
Industry News
/ 13 Apr 2018
Ontario briefing: housing starts and home sales
Ontario housing starts were down in March due to fewer starts in the Greater Golden Horseshoe.
Central 1 News, Industry News
/ 03 Apr 2018
Central 1 News, Economics
/ 27 Mar 2018
Central 1 News, Industry News
/ 14 Mar 2018
The Co-operators and Central 1 to streamline partnership
Guelph, Ont. and Vancouver, BC – To strengthen the core businesses of both organizations, The Co-operators and Central 1 Credit Union are announcing a change in their partnership. To create a stronger focus on key strategic priorities, Central 1 will remove its ownership interest in...
Central 1 News, Economics
/ 07 Mar 2018
Economic growth is expected to continue in all Ontario regions through 2019, according to new Central 1 Report
TORONTO - Economic growth continued to spread across Ontario’s regional economies during 2017, according to the latest regional economic forecast by Central 1 Credit Union (Central 1). “Growth was concentrated in the Toronto, Hamilton-Niagara, and Kitchener-Waterloo-Barrie regions,” says Central 1’s Regional Economist and report co-author,...
Industry News
/ 07 Mar 2018
New Credit Card Program Provides Improved Experience for Credit Union Members from Coast to Coast
National Credit Card Program and Collabria are excited to announce the official execution of a Master Services Agreement for credit card services and the official launch of an important new partnership, creating an enhanced credit card offering and an improved credit union member experience. Collabria...
Central 1 News, Industry News
/ 05 Mar 2018
2018 Gary Gillam Award nominations now being accepted
Toronto, ON – The Gary Gillam Award, jointly sponsored by Alterna Savings and Central 1 Credit Union, recognizes and honours individuals within the Ontario and British Columbia credit union movement who demonstrate exemplary achievements in: Promoting social responsibility and/or sustainability in credit unions; and/or Promoting...
Central 1 News
/ 23 Feb 2018
Central 1 Credit Union drives transformational change through 2017 for better client and member success
VANCOUVER, BC – Central 1 Credit Union (Central 1) embraced a bold new vision to be the national partner of choice for financial, digital banking and payment solutions in 2017, with a focus on the needs of its clients and members. “In 2017, Central 1...
Central 1 News, Events
/ 26 Jan 2018
Important changes are coming to Central 1 events
Depending on the work you do at your credit union, you might attend a number of different events hosted by Central 1 each year. Hosting events like these allows us to engage with our members and receive valuable feedback in order to inform our service...
Economics
/ 21 Dec 2017
Ontario’s economy poised for expansion into 2020, says Central 1 economic forecast
VANCOUVER, B.C. – Ontario’s economy will see moderate growth into 2020, with support from below normal interest rates, firmer U.S. growth, a low dollar, high population growth, and a pickup in business investment and government capital spending, according to the latest forecast from Central 1...
Industry News
/ 14 Dec 2017
Sellers’ market conditions persist, B.C. housing prices to rise in 2018-19, Central 1 Credit Union forecasts
VANCOUVER, BC - Soaring prices seen in B.C.'s housing market through 2017 will moderate, but further appreciation lies ahead, according to an updated Central 1 Credit Union (Central 1) forecast. While more restrictive mortgage regulations, rising interest rates and high prices will temper some demand-side...
Central 1 News, Industry News
/ 12 Dec 2017
Desjardins, provincial credit union centrals and CUMIS to merge the businesses of their subsidiaries, Credential, Qtrade and NEI, to create major Canadian wealth management firm
New combined company, Aviso Wealth, will focus on meeting the expanding wealth management needs of credit union members and other partners and clients across the country TORONTO (ON) - Desjardins Group and a partnership comprised of Canada's five provincial credit union centrals (the Centrals) and...
Central 1 News
/ 11 Dec 2017
Central 1 Announces Approval of Special Resolution
VANCOUVER, BC - Central 1 Credit Union (Central 1) is pleased to announce that its members have passed a special resolution approving amendments to its Constitution and Rules. The amendments enable Central 1 to set prices using volume-based tiers for (i) electronic bill payment processing...
Central 1 News
/ 07 Dec 2017
Central 1 Board appoints Mark Blucher as President and CEO
VANCOUVER – Central 1 Credit Union (Central 1) is pleased to announce the appointment of Mark Blucher to the role of President & CEO, effective January 22, 2018. With significant experience in leading complex financial services companies and a regulated crown corporation in his most...
Central 1 News
/ 24 Nov 2017
Central 1 Credit Union posts third quarter 2017 profit of $15.7 million
VANCOUVER, BC – Central 1 Credit Union (Central 1) today announced its third quarter financial results, including continued growth in assets from credit unions during the quarter ended September 30, 2017. Central 1 reported a profit of $15.7 million for the quarter, down 27.0 per...
Central 1 News, Industry News
/ 01 Nov 2017
Everlink & Central 1 Sign Multi-Year Agreement to Provide Real-Time Debit Card Fraud Management Services to Credit Unions
NOVEMBER 1, 2017 – B.C. and Ontario credit unions and other financial institutions now have access to a sophisticated real-time debit card fraud management tool provided by Everlink Payment Services Inc. as a result of a multi-year Fraud Management Services agreement between Everlink and Central...