Three of Canada’s top economists will gather in Toronto to offer their opinions on whether the Great Recession is over, and what that means for insurance and financial industry professionals.
The Great Recession: Are We Truly Out of the Woods? is a debate hosted by The Receivables Insurance Association of Canada, September 26, at the Arcadian Loft in Toronto, Ont.
This event is targeted at insurance and financial industry professionals who need to understand the implications of our current economic situation and what it means for clients, says Paul Brent, a communications strategist with market2worldcommunications inc., adding that it will also be valuable for business owners operating in domestic or export markets who need to understand not only the economy but how to apply risk management tools such as receivables insurance to protect what is often their largest corporate asset.
The country’s top economists that will discuss the key issues in the 90-minute session will consist of: Peter Hall, Chief Economist at Export Development Canada; Dan North, Chief Economist, North America for Euler Hermes; and David Watt, Chief Economist at HSBC Bank Canada.
This trio of economic experts will make opening comments, then debate and discuss the issues and take questions from those in attendance.
The lingering effects of the Great Recession may indeed finally be disappearing, if the latest numbers from Statistics Canada mean anything.
According to the Friday numbers from StatsCan, the economy accelerated at its fastest pace in more than two years in the second quarter, fresh evidence the country could be emerging from a period of uninspiring growth.
Gross domestic product expanded at an annual rate of 3.1 percent in the second quarter, led by exports and household spending, Statistics Canada reported. GDP grew 0.3 percent in June from May, Statscan said.
