February 17, 2022
Economist and Financial Consultant
Glen Hodgson
Chief Economist, Canadian Chamber of Commerce
Stephen Tapp
Like many countries worldwide, the Canadian economy is quickly recovering, but with many complications. Inflation increased rapidly during 2021. This has raised concerns about whether government spending is driving inflation and the implications for wage growth, and the recovery’s sustainability. The recent moves by the Bank of Canada to announce a change in strategy, while holding the overnight rate at 0.25%, continues to fuel the debate. Can we expect increased consumer spending, and strong growth in jobs, exports and investment, if/when the virus fades? Will supply-chain challenges persist and keep fueling inflation?
Moreover, structural forces are also at play. Aging demographics are dragging down long-term growth potential. Climate change is beginning to reshape the economy. Severe weather events are disrupting near-term growth, and the transformation to a low-emissions economy could impact jobs, businesses and investment – but also create new opportunities.
Glen Hodgson recently briefed new Parliamentarians and Senators on these issues. Join the OEA and CABE for an extended version of the presentation on February 17. Following the presentation, Stephen Tapp will have an in-depth and informed discussion with Mr. Hodgson to highlight some critical points.
Do not miss this timely and exciting OEA-CABE webinar featuring two leading minds in Canadian economics.
Resources
Download the slides in PDF format: OEA Webinar – COVID Recovery, Inflation, Demographics and Climate Change
Economist and Financial Consultant
Glen Hodgson
Glen Hodgson has 40 years of experience in global and Canadian macroeconomics, international trade analysis and finance, fiscal and tax policy, and other “big picture” topics. Prior to joining the C.D. Howe as Senior Fellow, Glen’s career spanned the International Monetary Fund (IMF) in Washington D.C., the federal Department of Finance, Export Development Canada (EDC), and the Conference Board of Canada. He has travelled the world and Canada as an economic analyst and public speaker, financial negotiator, and advisor to governments, businesses and international organizations.
Topics of expertise and interest include: global, U.S., Canadian and provincial economic performance; globalization, trade and disruption; managing catastrophic risk; the emerging low-carbon economy; fiscal and tax policy; and the business economics of sports.
Glen has co-authored two books and over 450 reports, briefings and articles, with a regular commentary in the Globe and Mail. He has delivered many presentations to audiences of all types and sizes, and done numerous media interviews via print, TV, radio and social media.
Chief Economist, Canadian Chamber of Commerce
Stephen Tapp
Stephen Tapp is the Chief Economist at the Canadian Chamber of Commerce. In this role, he is a key member of the Chamber’s executive leadership team, responsible for economic analysis and research. His focus is on developing data, analytics and forecasting capacities to provide real-time and forward-looking insights for Canadian businesses of all sizes, in all sectors and regions of the country.
Stephen brings over 20 years of diverse experiences at many of Canada’s top economic organizations including at: Export Development Canada as the Deputy Chief Economist, the Bank of Canada, Parliamentary Budget Office, Finance Canada, two think tanks as well as academia.
He is a recognized thought leader, frequent commentator, and sought-out spokesperson on economic issues in Canada. Stephen’s research was awarded the Purvis prize for Canadian economic policy and has been published in academic journals, such as the Canadian Journal of Economics and Canadian Public Policy. He has a Ph.D. and M.A. in Economics from Queen’s University and an Honors B.A from Western. During his undergrad, he studied in the Netherlands and was the owner-operator of a student painting company.
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