Presentation by Helmut Pastrick (Chief Economist for Central 1 Credit Union) with graphical aids summarized by the following points. Global economic slowdown extends through 2016; policy stimulus and market adjustments lead to firming growth in 2017. Low interest rates and low dollar ahead. Tight interest margin for credit unions in 2016. Good growth prospects for B.C. Kootenay region economy and housing will continue to underperform; local market differences exist. Local markets less dependent on met. coal to perform better. Loan arrears to remain high in those markets. Loan growth +/- 2%. Deposit growth 2% to 4%. High liquiditiy ratio. Low ROE and ROA.