With the US elections less than a month away, all eyes are focused on whether Donald Trump or Hilary Clinton will win the most important job in the world. Either one’s victory will unleash tremendous changes into a world that is witness to a radical transformation the likes of which haven’t been seen in a quarter century.
Globalization, the economic phenomenon that defined the economics for the last three decades is slowly unraveling. Brexit is not the only glaring example of this trend. The closing of economic borders may be far away, but the trends are unmistakable.
With oil prices unlikely to rise to the staggering heights that it were perched at for the longest times, the Canadian economy is likely to go through a patch of turbulence and turmoil. The housing market across Canada is precarious, and consumers find themselves dealing with extraordinary debt loads. Canadians will be depending more on exports and trade-related business investment for near-term economic growth. So, what are the prospects for the next year or two?
Peter Hall, Vice President & Chief Economist, Export Development Canada, will delineate the likely policy trends and give us an in-depth understanding of the direction in which the economic winds are blowing.
Peter Hall, Vice President & Chief Economist EDC
Peter Hall joined Export Development Canada (EDC) in November 2004. He has over 20 years of experience in domestic and international economic analysis and forecasting. Mr. Hall is responsible for overseeing economic and political risk analysis, special research and the corporate library. In addition to advising senior management at EDC, Mr. Hall is a featured speaker at conferences across the country and internationally and regularly appears in television, radio and print media commenting on recent economic developments and implications for the outlook.
Prior to joining EDC, Mr. Hall directed the economic forecasting activities of the Conference Board of Canada. Mr. Hall has served as president of both the Canadian Association for Business Economics, a 800-member national association of professional economists, and its largest local chapter, the Ottawa Economics Association. He has also been a volunteer board and committee member for two Ottawa area private schools.
Mr. Hall has degrees in economics from both Carleton University and the University of Toronto.
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