In this episode, Marnie and Russell sit down with Canada’s widely recognized economist, Stephen Poloz, to learn the outlook for business – particularly looking at technology and the ageing demographic. Stephen Poloz has nearly 40 years of experience in financial markets, forecasting, and economic policy, including 35 years in the public sector. He served as the 9th Governor of the Bank of Canada from 2013 to 2020. Today, Stephen serves as an advisor and board member to several major organizations, and regularly writes and speaks about the economy. During the episode, he shares his expertise on the volatility we’re seeing in Canada, but more importantly, he’s offering advice on how Canadians and employers can adapt to thrive into the future.
After this episode, you'll learn:
- How volatility is the new norm, and ways employers can capitalize on an otherwise disruptive and uncertain future.
- The impact of inflation over the next decade, and why Baby Boomers need to pay attention now.
- A secret to demographic research that doesn’t hit headlines often.
- One key action that is anticipated to stimulate Canada’s economy and support women diversity in the workplace.
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Biography
Stephen is a widely recognized economist with nearly 40 years of experience in financial markets, forecasting, and economic policy, including 35 years in the public sector.
Prior to joining Osler, Stephen was the 9th Governor of the Bank of Canada, Canada’s central bank. Stephen was Governor of the Bank for seven years after having previously spent 14 years there during 1981-95 occupying a range of increasingly senior positions.
Stephen is also the author of the upcoming book titled The Next Age of Uncertainty: How the World Can Adapt to a Riskier Future that maps out the powerful economic forces that are shaping our future and the ideas that will allow us to master them.
Prior to joining the Bank of Canada, Stephen spent 14 years at Export Development Canada, as Chief Economist (1999-2008), Head of Lending (2008-2011) and finally as President and CEO (2011-2013). He also spent four years at BCA Research, where he was Managing Editor of the International Bank Credit Analyst, one of their flagship publications.
Stephen is a Certified International Trade Professional and a graduate of Columbia University’s Senior Executive Program. He has been a visiting scholar at the International Monetary Fund in Washington, D.C., and at the Economic Planning Agency in Tokyo, Japan. He is a frequent speaker and writer and has taught economics at the University of Western Ontario, Concordia University and Queen’s School of Business.
At Osler, Stephen provides clients with his significant expertise and strategic guidance regarding the financial system, trade, and economic policy both domestically and on a global scale.