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Nov 13 2024

OEA/CABE Luncheon: The State of the Economy and Government Finances

Canada may have dodged a recession, but declining productivity and investment challenges persist. Canada’s economy is not out of the woods just yet, which is why economists are eagerly awaiting the release of the upcoming Fall Economic Statement.

Through Budget 2024, the federal government showed a commitment to meet the fiscal guardrails set in the 2023 Fall Economic Statement; however, growth projections for GDP over the next few years are marginal. Slow growth, combined with the federal government’s announcement of new costly initiatives (national pharmacare, renewed defence policy review and accelerated housing programs), could make it difficult to maintain fiscal discipline, unless GDP growth exceeds forecasts. Moreover, the persistent productivity problem, caused primarily by declining business investment, could lead to lower living standards in Canada.

Join OEA and CABE for a presentation by Yves Giroux, the Parliamentary Budget Officer, on the current state of our economy and public finances.

The event will take place on November 13th, 2024. Registration opens at 11:30 AM, followed by lunch at 12:00 PM, and the presentation with a Q&A session from 12:30 to 1:30 PM. Don’t miss this chance to hear expert analysis and engage in an important discussion on economic policy!

Yves Giroux Yves Giroux Parliamentary Budget Officer

Yves Giroux was appointed by the Governor in Council to serve as Parliamentary Budget Officer (PBO), effective September 4, 2018. Mr. Giroux entered the federal public service in 1995. Over the course of his career, he assumed progressively senior level positions and increased responsibilities, joining the executive ranks in 2003. Mr. Giroux has in-depth tax, fiscal and financial, and social policy knowledge and expertise, and considerable experience with stakeholder relations, and the management of large teams and multi-million dollar budgets. For more than 20 years, he has been closely involved in the federal Budget process in various capacities and is highly regarded as an expert on federal budget making and the Government’s expenditure system. Throughout his career, Mr. Giroux served in many executive level positions, especially with the Canada Revenue Agency, at the Privy Council Office and the Department of Finance Canada. Mr. Giroux is a graduate of the Université de Montréal, where he earned a Master’s and a Bachelor’s degree, both in Economics. He is married and has two adult children.

Event Details

Rideau Club
99 Bank Street, 15th Floor, Ottawa, ON Get Directions
Nov 13, 2024 11:30AM - 1:30PM EST

Event Registration

Public Attendee List

  • Mario Baker
  • Andrew Sharpe