Coastal Community

Thank you to those who joined us for an informative evening with Bryan Yu, Chief Economist with Central 1 Credit Union. We learned from Bryan that while Canada’s economy remains in a state of constant flux, the next phase is clear. In his presentation, Bryan noted that interest rates were declining as inflation normalizes and were still expected to continue on a downward trend. He explained that economic risks are mounting while the government is implementing wide policies around population and housing. Bryan believes the US is likely to add tariffs on most Canadian goods and services once Trump takes office and he spoke about how this will affect Canada. Speaking to an audience of Islanders, Bryan described how the Vancouver Island economy is affected and how he sees a positive economic outlook for the Island more so than other places in Canada. Island-based businesses are experiencing challenges today, yet Bryan says they may feel an overall sense of optimism when they look at potential results over the longer term. Bryan leads a team conducting macro- and regional economic analysis for Central 1 and the broader credit union system. He consults regularly with a network of economists and other experts in North America. He holds a Master’s Degree in Economics from Simon Fraser University and serves on the boards of S.U.C.C.E.S.S., the B.C. Paraplegic Foundation and the Canadian Association for Business Economics. Bryan gave us much to think about as we set our personal and business financial goals for the coming year. Thank you, Bryan, for sharing your expertise with all of us! ~This event was co-hosted by our Commercial Services and Wealth teams. Coastal Community Private Wealth Group

Jessica shares how the Circle of Security parent program at the Nanaimo Child Development Centre (NCDC) has helped her family. The program provides resources and reduces barriers for families so they can attend programming at the Centre. The Centre serves over 1,900 families each year, providing early intervention services and school age services, including speech therapy and support for children living with ADHD. Coastal Community donated to the Circle of Security parenting program through our Sharing Our Success initiative: https://lnkd.in/gaXFvb9t

𝐒𝐚𝐯𝐢𝐧𝐠𝐬 𝐞𝐯𝐚𝐩𝐨𝐫𝐚𝐭𝐢𝐧𝐠? myFinHealth will help you understand how to better manage your money, reduce stress, and gain more control. It’s free, completely private and brought to you by Coastal Community. Join at https://lnkd.in/gQ7ZUyhv

🔑Unlock Your Path to Homeownership with an FHSA!🔑 Save for your first home with our First Home Savings Account (FHSA) and support our Island communities. Maximize Your Contribution: Deposit $8,000 and we'll donate $50 to Habitat for Humanity Vancouver Island. Not sure if an FHSA is right for you? Learn more here: https://ow.ly/4VxX50U7uw2

𝐊𝐧𝐨𝐰 𝐦𝐨𝐫𝐞, 𝐬𝐚𝐯𝐞 𝐦𝐨𝐫𝐞 myFinHealth will help you understand how to better manage your money, reduce stress, and gain more control. It’s free, completely private and brought to you by Coastal Community. Join at https://lnkd.in/gQ7ZUyhv

Students in grades 4-8 pitched their business ideas to Coastal Community staff at a PowerPlay Young Entrepreneurs Showcase Event in Courtenay. PowerPlay Young Entrepreneurs is an educational program that helps students in grades 4 through 8 develop an entrepreneurial mindset. At this event, the students set up tables and displays to show their business products to mentors from Coastal Community. The mentors evaluated the business ventures and spent time talking with each student about their ideas. Thank you to Kathy Roberts, Tracy Trotter, Lydia Moulder, Erika Nessman, Amber Leiterman, Karen Furber, Kristin Hocking (organizer), and Allyson Prescesky, AVP, Community Impact, for spending time with the students and sharing your business expertise! Over 150,0000 grades 4-8 students have participated in the PowerPlay Young Entrepreneurs Program in Canada to date! Learn more about Power Play: https://lnkd.in/ehfuPwR Coastal Community has been partnering with PowerPlay Young Entrepreneurs since 2006. This Showcase Event was made possible by our Sharing our Success initiative. Learn more: https://lnkd.in/gaXFvb9t

We were already thrilled to announce we've been certified as a Great Place to Work® for the sixth year in a row by the Great Place to Work Institute® Canada. Now Coastal Community is delighted to announce that we've also been recognized on their 2024 Best Workplaces® in British Columbia list®! Thank you to all our employees who help create our positive and supportive work culture. Sheri Gauthier, VP, Human Resources for Coastal Community, and Bruno Dragani, our Chief People & Administration Officer, attended the celebratory event in Vancouver.

𝐒𝐰𝐢𝐦𝐦𝐢𝐧𝐠 𝐢𝐧 𝐝𝐞𝐛𝐭? myFinHealth will help you understand how to better manage your money, reduce stress, and gain more control. It’s free, completely private and brought to you by Coastal Community. Join at https://lnkd.in/gQ7ZUyhv

“The lodge is going to make a big difference in a lot of people’s lives,” says Stacey Marsh Executive Director with the Campbell River Hospital Foundation. Marsh says the hospital serves 32 communities on north Vancouver Island and the outer islands. People living in the northern region have to travel long distances to be with their loved ones who are undergoing medical treatment. The lodge will be a place for them to stay that's close to the hospital, with 10 rooms, a communal kitchen, laundry facilities and communal living and dining rooms. Coastal Community is one of many island businesses who have donated to the Just Like Home Lodge at Campbell River Hospital. Funds were made possible by our Sharing Our Success initiative. The Foundation’s goal is to raise $2 million to make the lodge a reality. Learn more: https://lnkd.in/gZTWKE3Y

𝐍𝐞𝐞𝐝 𝐚 𝐛𝐢𝐠𝐠𝐞𝐫 𝐧𝐞𝐬𝐭 𝐞𝐠𝐠? myFinHealth will help you understand how to better manage your money, reduce stress, and gain more control. It’s free, completely private and brought to you by Coastal Community. Join at https://lnkd.in/gQ7ZUyhv