Economic Insights
Analysis, insight and forecasting. Good data and great economists who have their eye on your future.
What's new
Central 1 News
/ 25 Feb 2021
Economics
/ 19 Feb 2021
Central 1 News, Forge
/ 18 Feb 2021
Economics
/ 12 Feb 2021
Payments News
/ 01 Feb 2021
Central 1 News, Payments News
/ 27 Jan 2021
Economics
/ 22 Jan 2021
Economics
/ 15 Jan 2021
Economics
/ 15 Jan 2021
Central 1 News
/ 06 Jan 2021
Economics
/ 21 Dec 2020
Economics
/ 18 Dec 2020
Economics
/ 18 Dec 2020
Payments News
/ 16 Dec 2020
Interac e-Transfer transactions: Central 1 sees busiest ever...
Central 1 has experienced its busiest ever end-of-month period for Interac e-Transfer® transaction processing as Canadians increasingly choose digital payment options during the ongoing COVID-19 pandemic....
Economics
/ 11 Dec 2020
Central 1 News, Payments News
/ 10 Dec 2020
Central 1 News, People Solutions
/ 07 Dec 2020
Expertise
/ 04 Dec 2020
Tackling fraud in a world of real-time payments:...
Gary Eaton brings knowledge, experience and skills derived from over two-decades in the RCMP and 17-years investigating and preventing financial crimes (fraud and money laundering)...
Economics
/ 27 Nov 2020
Economics
/ 20 Nov 2020
Expertise
/ 17 Nov 2020
What to look for in your Forge public...
Reimagining your digital experience involves a lot of moving parts – technical evaluations, banking host communication accessibility audits and several other pieces that can begin...
People Solutions
/ 12 Nov 2020
“You must welcome change as the rule, but...
One of the only real constants in life is change. We don’t have to look very far into 2020 to see how true this is:...
Economics
/ 06 Nov 2020
Central 1 News
/ 29 Oct 2020
Central 1 News
/ 22 Oct 2020
Digital Transformation can meet the specialized needs of...
Digital transformation has brought a lot of change to how industries conduct business and planning. This is no different for financial services, as digital banking...
Forge
/ 21 Oct 2020
The Police Credit Union reinvents their brand with...
There’s a reason "Digital Transformation" is the term of the day. Digital is reshaping the world we live in, from dining to shopping. And banking...
Economics
/ 16 Oct 2020
Economics
/ 09 Oct 2020
Central 1 News
/ 05 Oct 2020
Central 1 News
/ 01 Oct 2020
Economics
/ 25 Sep 2020
Economics
/ 25 Sep 2020
Payments News
/ 25 Sep 2020
Ensuring the Safety and Soundness of Payments for...
Meet Sue Whitney, the payments guru who is leading Central 1 on our Payments Modernization journey. As VP of Payments Strategy, Sue has brought to Central 1 and the credit...
Economics
/ 18 Sep 2020
Economics
/ 18 Sep 2020
Economics, Media Releases
/ 09 Sep 2020
Central 1 News
/ 09 Sep 2020
Industry News
/ 03 Sep 2020
Central 1 News, Media Releases
/ 03 Sep 2020
Economics
/ 28 Aug 2020
Media Releases
/ 26 Aug 2020
Economics
/ 21 Aug 2020
Economics
/ 21 Aug 2020
Economics
/ 15 Aug 2020
Industry News
/ 10 Aug 2020
Millennials Are Investing More Now Than Ever Before...
It’s been widely reported that millennials have resisted investing, instead favoring low risk savings accounts and term deposits to save for retirement. This risk adverse...
Economics
/ 17 Jul 2020
Economics
/ 10 Jul 2020
Economics
/ 26 Jun 2020
Economics
/ 19 Jun 2020
Economics
/ 05 Jun 2020
Central 1 Financial Results, Central 1 News
/ 22 May 2020
Payments News
/ 21 May 2020
Central 1 News, Media Releases
/ 20 May 2020
Economics
/ 15 May 2020
Economics
/ 01 May 2020
Central 1 News
/ 30 Apr 2020
Coming Together as One to Support Small Businesses...
As COVID-19 continues to present new challenges, I am encouraged to see how we are navigating this together as a community and continuing to support...
Economics
/ 17 Apr 2020
Central 1 News
/ 06 Apr 2020
Economics
/ 03 Apr 2020
Economics
/ 03 Apr 2020
Economics
/ 27 Mar 2020
Central 1 News
/ 27 Mar 2020
Economics
/ 20 Mar 2020
Economics
/ 20 Mar 2020
Economics
/ 13 Mar 2020
Economics
/ 13 Mar 2020
Economics
/ 06 Mar 2020
Central 1 Financial Results
/ 21 Feb 2020
Central 1 News
/ 19 Feb 2020
Central 1 News
/ 18 Feb 2020
Central 1 News
/ 10 Feb 2020
Economics
/ 07 Feb 2020
Economics
/ 07 Feb 2020
Economics
/ 31 Jan 2020
Central 1 News
/ 27 Jan 2020
Economics
/ 24 Jan 2020
Economics
/ 24 Jan 2020
Economics
/ 17 Jan 2020
Economics
/ 17 Jan 2020
Economics
/ 10 Jan 2020
Central 1 News, Media Releases
/ 09 Jan 2020
Central 1 News
/ 19 Dec 2019
Central 1 News
/ 13 Dec 2019
Economics
/ 13 Dec 2019
Economics
/ 13 Dec 2019
Economics
/ 06 Dec 2019
Economics
/ 06 Dec 2019
Economics
/ 29 Nov 2019
Economics
/ 29 Nov 2019
Central 1 News
/ 25 Nov 2019
Economics
/ 22 Nov 2019
Economics
/ 15 Nov 2019
Economics
/ 08 Nov 2019
Central 1 News
/ 04 Nov 2019
Economics
/ 25 Oct 2019
Economics
/ 25 Oct 2019
Economics
/ 18 Oct 2019
Economics
/ 04 Oct 2019
Economics
/ 27 Sep 2019
Economics
/ 20 Sep 2019
Economics
/ 13 Sep 2019
Economics
/ 13 Sep 2019
Central 1 News, Industry News, Product News
/ 11 Sep 2019
Central 1 News, Media Releases
/ 10 Sep 2019
Economics
/ 06 Sep 2019
Economics
/ 06 Sep 2019
Economics
/ 30 Aug 2019
Central 1 Financial Results, Central 1 News
/ 23 Aug 2019
Strong Treasury Earnings in the Second Quarter of 2019 Furthering Strategic Investments
VANCOUVER, B.C., Aug 23, 2019 – Central 1 Credit Union (Central 1) today announced its second quarter 2019 financial results. Financial income more than doubles to $28.7 million, up $15.7 million compared to the same period last year, driven by strong Treasury performance. Higher earnings...
Economics
/ 23 Aug 2019
Economics
/ 23 Aug 2019
Economics
/ 16 Aug 2019
Economics
/ 16 Aug 2019
Central 1 News, Economics, Media Releases
/ 15 Aug 2019
Economics
/ 09 Aug 2019
Economics
/ 09 Aug 2019
Central 1 News, Media Releases, Product News
/ 07 Aug 2019
Central 1 News, Industry News, Media Releases
/ 01 Aug 2019
Central 1 Launches Full Suite of Digital Products Transforming Digital Offering
Using Central 1’s Forge Digital Banking Platform, credit unions and other financial institutions can offer Canadians leading digital experiences in today's fast-evolving fintech landscape VANCOUVER, BC, August 1, 2019 – Central 1 Credit Union is pleased to announce the launch of its full retail suite...
Economics
/ 26 Jul 2019
Central 1 News, Economics, Media Releases
/ 24 Jul 2019
Economics
/ 12 Jul 2019
Economics
/ 12 Jul 2019
Economics
/ 08 Jul 2019
Economics
/ 05 Jul 2019
Economics
/ 28 Jun 2019
Economics
/ 21 Jun 2019
Central 1 News
/ 21 Jun 2019
B.C. credit unions raise more than $340,000 for vital equipment at B.C. Children’s Hospital
B.C. Children’s Hospital Foundation’s Miracle Weekend Credit Union Committee presented $340,022 to the B.C. Children’s Hospital to fund lifesaving technological equipment on June 2, 2019. Over the past year, 60 per cent of B.C.’s 41 credit unions took part in a campaign to raise funds...
Economics
/ 07 Jun 2019
Economics
/ 07 Jun 2019
Central 1 News, Economics
/ 06 Jun 2019
Economics
/ 31 May 2019
Central 1 Financial Results, Central 1 News
/ 23 May 2019
Central 1’s First Quarter 2019 Delivers Higher Financial Income
VANCOUVER, B.C. – Central 1 Credit Union (Central 1) today announced its first quarter 2019 financial results, which saw higher financial income (up $23 million over 2018) and continued investments in strategic initiatives. “Our number one priority is to enable our clients’ success through the...
Economics
/ 17 May 2019
Economics
/ 10 May 2019
Economics
/ 03 May 2019
Central 1 News
/ 01 May 2019
Distinguished Service Awards presented by Credit Union Foundation of BC
VANCOUVER – Central 1 Credit Union (Central 1), on behalf of the Credit Union Foundation of BC, is pleased to congratulate Emmet McGrath, Board Director of Westminster Savings, and Jeremy Trigg, Director of Facility and Environmental Management at Vancity, as recipients of the 2019 Distinguished...
Central 1 News
/ 26 Apr 2019
Central 1 Announces Voting Results from Annual General and Special Meeting
VANCOUVER — Central 1 Credit Union (“Central 1”) is pleased to announce that its members have passed a special resolution approving amendments to its Constitutions and Rules (“Rules”), three dues resolutions and a resolution re-appointing its auditors, at its Annual General and Special Meeting held...
Economics
/ 26 Apr 2019
Central 1 News
/ 25 Apr 2019
Announcing the 2019 Gary Gillam Award Recipient
VANCOUVER, BC – Alterna Savings and Central 1 Credit Union (Central 1) are pleased to announce Liz Arkinstall, Corporate Social Responsibility Manager, Libro Credit Union, as the recipient of the 2019 Gary Gillam Award. Jointly sponsored by Alterna Savings and Central 1, the Gary Gillam...
Economics
/ 18 Apr 2019
Economics
/ 18 Apr 2019
Economics
/ 12 Apr 2019
Economics
/ 12 Apr 2019
Central 1 News
/ 04 Apr 2019
Central 1 to transition Credit Union Advantage Insurance Brokerage to The Co-operators
Central 1 Credit Union and The Co-operators are pleased to announce that they have reached an agreement to transfer the ownership of Credit Union Advantage Insurance Brokerage Ltd. (CUAIB) to The Co-operators. Concurrent with this, CUMIS, a fully owned subsidiary of The Co-operators, will become the...
Economics
/ 22 Mar 2019
Economics
/ 22 Mar 2019
Central 1 News, Economics
/ 21 Mar 2019
Economics
/ 19 Mar 2019
Is Canada’s economy slipping into recession?
Recent Gross Domestic Product (GDP) readings on Canada’s economy have indicated considerable weakness, and when taken in conjunction with the housing downturn, some observers are...
Economics
/ 15 Mar 2019
Central 1 News, Product News
/ 13 Mar 2019
Central 1 Delivers First-in-Canada combined Request Money and Small Business Invoicing using Interac e-Transfer®
Small business owners can now send an invoice and request quick payment via Interac e-Transfer! VANCOUVER, B.C. – Central 1 today announces the launch of Request Money integration into Central 1’s small business online invoicing and payments product. The integrated solution combines Central 1’s small business...
Economics
/ 09 Mar 2019
Central 1 News
/ 04 Mar 2019
Central 1 Announces Elected and Appointed Members to its Board
VANCOUVER, BC — Central 1 Credit Union (Central 1) is pleased to announce the re-election of Bill Kiss and the election of Mary Falconer and Cheryl Wallace to Central 1’s Board of Directors (Board). In addition, Meridian Credit Union Limited has elected to appoint Sunny...
Central 1 News
/ 25 Feb 2019
Central 1 Financial Results, Central 1 News
/ 22 Feb 2019
Economics
/ 22 Feb 2019
Economics
/ 22 Feb 2019
Economics
/ 15 Feb 2019
Central 1 News, Industry News
/ 14 Feb 2019
Central 1 News
/ 05 Feb 2019
Economics
/ 01 Feb 2019
Ontario briefing for February 1: employment, small business confidence, motor and vehicle parts manufacturing GDP
Payroll employment increased by 29,209 net new workers in November, Small-business confidence increased 1.3 points to 60.4 in January, Motor and vehicle parts manufacturing GDP...
Economics
/ 01 Feb 2019
B.C. briefing for February 1: wage earnings and employment, small business confidence
Wage earnings and employment creep higher in November, Year-over-year weekly earnings gain of 3.2 per cent among highest in Canada, Small business confidence softens to...
Economics
/ 26 Jan 2019
Economics
/ 25 Jan 2019
Economics
/ 11 Jan 2019
Economics
/ 18 Dec 2018
Economics
/ 17 Dec 2018
Is the yield curve signaling recession?
Recent bond yield movements have inverted a portion of the yield curve, heightening concerns about an economic recession.
Economics
/ 14 Dec 2018
Economics
/ 07 Dec 2018
Economics
/ 07 Dec 2018
Central 1 News
/ 22 Nov 2018
Economics
/ 20 Nov 2018
Economics
/ 16 Nov 2018
Economics
/ 09 Nov 2018
Economics
/ 09 Nov 2018
Economics
/ 02 Nov 2018
Industry News
/ 30 Oct 2018
Coast Capital Savings Approved to Become a Federal Credit Union
October 30, 2018 - Central 1 congratulates Coast Capital Savings for receiving approval to become a federal credit union by Minister of Finance Bill Morneau, effective November 1, 2018. “We know that Canadians value the alternative to traditional banks that our members provide, and as...
Central 1 News
/ 29 Oct 2018
Economics
/ 18 Oct 2018
Ontario economy expected to slow as consumer demand stumbles, according to new Central 1 report
New Ontario Economic Outlook Report 2018–2020 Ontario’s economy slows and is expected to grow less than two per cent annually in 2019 and 2020, according to the latest Central 1 Credit Union (Central 1) forecast. The Ontario Economic Forecast Update 2018-2020 report looks at residential...
Central 1 News
/ 09 Oct 2018
Economics
/ 28 Sep 2018
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.