Feb 7, 2017
Airbnb injects more than $417 million annually in the Toronto economy, according to a report released Wednesday by the short-term rental company's San Francisco-based global policy director. That works out to about $233 a day spent by 423,000 Airbnb guests who came to Toronto last year. Most of that money went to restaurants, shopping and entertainment in the city, according to the report. Chris Lehane was also in town Wednesday preaching what he called “the democratization of capitalism," at a sold-out lunch at the Economic Club of Canada.
Tess Kalinowski, The Star
Jan 19, 2017
TORONTO - The Liberals will unveil a plan to address Ontario’s sky-rocketing hydro costs before the next provincial budget, Premier Kathleen Wynne says. But just when that will be is still unclear. Wynne told Toronto business leaders during a speech Thursday to the Economic Club of Canada that her government has to create opportunities and make life more affordable in Ontario. Again echoing signals she has sent in recent months, she said part of that will be a new plan to address the cost of hydro.
Shawn Jeffords, Toronto Sun
Jan 13, 2017
Between shots at his province’s previous NDP government and the federal Liberals, Manitoba Premier Brian Pallister made an investment pitch to Bay Street Friday in his first speech to the Economic Club of Canada since his Progressive Conservatives won a majority in May.
Ainslie Cruickshank, ipolitics.ca
Jan 5, 2016
Canada's resource sector has been slammed as the price of crude has fallen from a high above $105 US a barrel in June 2014 to below $40 US over the past few months, just as other commodities are at or near multi-year lows. Speaking at an event hosted by the Economic Club of Canada, Porter said it looks like last year was one of the worst years for economic growth in decades outside of a full-on recession, and Canada is looking at a 2016 growth rate not much higher than last 2015.
The Canadian Press, CBC.ca
Nov 13, 2015
Policy makers, industry leaders, and government officials are all in Calgary Friday to take part in the fourth annual Energy Summit. Hundreds from all across North America will be meeting at the Palliser Hotel for the conference, which is expected to give an inside look into the country’s energy future. Officials with the Economic Club of Canada, who are hosting the event, say the focus of this year’s summit is to locate new opportunities and identify the challenges that lie ahead.
Michael Franklin, CTV News Calgary
Sep 28, 2015
Canadian energy companies looking south for new opportunities should cast their eyes beyond the U.S., according Mexican politicians and businessmen attending an event at Calgary's Petroleum Club on Monday. The delegation, speaking at a forum hosted by the Economic Club of Canada, said Mexico's energy sector is open for business now that the country has lifted the state monopoly that existed for more than 75 years.
Canadian Press, The Province
Mar 16, 2015
Doug Black is an Alberta-elected senator and member of the Senate Committee on Energy, Environment and Natural Resources. He will be hosting a series of cross-Canada forums this spring with the Economic Club of Canada called Canada’s Energy Agenda: Getting it Right.
Doug Black, Financial Post
Jan 29, 2015
A wide range of industries were represented Thursday when the city of Ottawa, in partnership with the Economic Club of Canada, handed out the third annual Immigrant Entrepreneur Awards.
OBJ Staff, Ottawa Business Journal
Jan 27, 2015
Tom Mulcair is poised to nail down more planks in the NDP election platform, unveiling promises of tax relief for small businesses and manufacturers. The NDP leader is to announce the latest proposals Tuesday in a speech to the Economic Club of Canada.
Joan Bryden, Canadian Press, National Post
Jan 6, 2015
Falling oil prices will shift the balance of power among Canada’s provinces this year, with Alberta expected to see its growth rate slashed in half, according to Bank of Montreal chief economist Douglas Porter. Meanwhile, Ontario and British Columbia will battle it out for who will see the fastest growth in 2015, Porter said during a panel discussion hosted by the Economic Club of Canada. “Unfortunately it’s a bit of a race of the turtles as we’re looking at maybe 2.5 per cent growth in those two provinces,” Porter said Tuesday.
The Canadian Press, Metro News
Jan 6, 2015
A reeling energy market, turmoil oversees and a high-flying southern neighbour are reshaping Canada’s economic prospects for the coming year. The market watchers weighed in on these new conditions in the context of other global fiscal policy and geopolitical changes at an Economic Club of Canada event Tuesday.
Jacqueline Nelson, Globe and Mail
Oct 7, 2014
“Canadians are active users of Internet services and are spending 41 hours a month online – second only to the U.S. market but in terms of competitiveness, [Canada] is lagging behind G20 nations,” said Hauwa Otori, the Internet Association’s director of legal and regulatory policy, who will promote the idea during a panel presentation at the Economic Club of Canada in Ottawa Tuesday.
Bill Curry, The Globe and Mail
Sep 30, 2014
Jeremy Rudin, Canada’s new Superintendent of Financial Institutions, chose his words carefully when asked about potential risks in the mortgage-insurance and mortgage-lending markets. “There’s always risk in financial services – that’s why we’re here,” Mr. Rudin said following his keynote address at the Economic Club of Canada in Toronto.
Rita Trichur, Wall Street Journal
Jun 27, 2014
"What I hear everywhere I go in the province, and I hear it from frontline workers, from people in the system, that it is not time for a major reorganization of the entire system but it is time that we began to decentralize," he told reporters following a lunch-hour speech to the Economic Club of Canada.
Dave Dormer, Calgary Sun
Jun 17, 2014
Olivia Chow proposed a new regional economic development agency and pointedly mentioned rival John Tory’s past as a Rogers executive in a speech to the Economic Club of Canada on Tuesday.
Daniel Dale, Toronto Star
May 29, 2014
As the Children's Hospital of Eastern Ontario turns 40, the hospital's CEO and president Alex Munter has some ideas for how children's care can advance in the future. Speaking to a small crowd at an Economic Club of Canada luncheon, he said he wants people to start thinking about the way we invest in children's healthcare the way we're used to thinking about investing in education to help the economy. He says kids who are healthier are more likely to do well in school, and find success elsewhere.
Cassie Aylward, 580 CFRA
May 23, 2014
Almost four out of 10 Canadians who don't have a job have completely given up hope of ever finding one, a new survey suggests. In a poll carried out by Harris Poll and published Friday by employment agency Express Employment Professionals, the company surveyed 1,502 unemployed Canadians. None of them had a job, and not all of them were receiving EI benefits.
Pete Evans, CBC
May 16, 2014
Pat Foran, CTV News
May 8, 2014
Mayoral candidate John Tory used a speech in Toronto on Thursday to map out his economic plan for the city — including more employment outside downtown, better education and business investment, and even a medical school for York University. During a half-hour talk to 180 members of the Economic Club of Canada, Tory unveiled a four-point economic platform that he insists is needed for the city to compete with other municipalities.
Terry Davidson, Toronto Sun
May 8, 2014
Mr. Tory, who released his plan in a speech to the Economic Club of Canada Thursday afternoon, said that some of the city’s most pressing challenges – transit and youth unemployment – can be partly addressed by attracting businesses and new jobs to areas outside the downtown core.
Ann Hui, The Globe and Mail
Apr 25, 2014
Finance Minister Joe Oliver said Friday he’s working hard to bring Alberta onside with federal plans for a national securities regulator but the provincial government insists it won’t cede its oversight role to Ottawa. Oliver, speaking to an Economic Club of Canada breakfast at the Fairmont Palliser Hotel, said he met with Premier Dave Hancock and Finance Minister Doug Horner a day earlier to pitch the Conservative government’s blueprint for a voluntary national regulator of financial markets.
James Wood, Calgary Herald
Apr 24, 2014
The federal government is proposing to create a new voluntary target benefit pension plan to help all Canadians save for their retirement, Minister of State for Finance Kevin Sorenson said in Toronto today. The target benefit plan is "a new, innovative proposal that will help support affordable and sustainable pensions for Canadians," Sorenson said during a lunch speech at the Economic Club of Canada.
James Fitz-Morris, CBC News
Apr 24, 2014
Democratic Reform Minister Pierre Poilievre took the podium at the Chateau Laurier in Ottawa Thursday to discuss "the facts" surrounding his controversial proposal to rewrite Canada's election laws. After spending several minutes on other topics, including the upcoming Supreme Court response to the government's reference on Senate reform, Poilievre noted that those who follow the news might think that "every element [in the election bill] is controversial."
Kady O'Malley, CBC News
Apr 23, 2014
In just over a week, Charles Sousa will table a budget that’s likely to spur a springtime provincial election — and speaking to the Economic Club of Canada on Wednesday, it sounded like the campaign had already started. Rather than attacking Tim Hudak’s Progressive Conservatives, however, the provincial finance minister came after the federal Conservatives.
BJ Siekierski, iPolitics
Apr 23, 2014
Canadians need to start saving more for their retirement sooner, and the Ontario Liberals thinks it has a way to help. That was the message Ontario's finance minister Charles Sousa delivered Wednesday during a luncheon at the Westin Hotel hosted by the Economic Club of Canada.
Denis Armstrong, Ottawa Sun
Apr 22, 2014
During a question-and-answer session after his speech to the Economic Club of Canada, he was asked to reflect on some of the decisions he made while in the leadership role.
Brian Milner, The Globe and Mail
Apr 22, 2014
Ben Bernanke said one of his few regrets from his tenure as chair of the U.S. Federal Reserve is that he was unable to persuade a larger chunk of American public that the steps taken by the central bank at the height of the financial crisis were aimed at helping the entire country, not just the banks. “There was a sense we were favouring Wall Street as opposed to Main Street,” Mr. Bernanke said in a speech to business leaders in Toronto on Tuesday. “That is unfortunate [but I'm] not sure what we could have done differently.”
John Greenwood, Financial Post
The head of the CRTC says the agency is exploring a range of new investigative tools, including international operations to catch rogue telemarketers who operate outside of Canada. “There are few jobs, few sectors and few aspects of our lives that remain untouched by digital technologies. Therefore, the integrity of the system must be continually maintained and enhanced,” CRTC chairman Jean-Pierre Blais told the Economic Club of Canada in a morning speech.
David Paddon, Canadian Press, Financial Post
A second-half rebound in oil prices, a U.S. economy hitting its stride, deflationary fears in Europe and slightly higher equity prices are just some of what’s in store for investors this year, say Canada’s top bank economists. A group of seven economists gathered in downtown Toronto on Tuesday morning at the Economic Club of Canada’s annual outlook breakfast. They believe 2015 will be another challenging year for the global economy, one marked by slow growth, low inflation and highly accommodative monetary policy despite the prospects of higher rates in the U.S. Here’s more of what they had to say.
David Pett, Financial Post
Premier Kathleen Wynne says the Liberal government is putting up $4 million to finance 11 socially conscious enterprise projects across the province. “A society where everyone has the opportunity to contribute in a positive way is the foundation of our future prosperity. We’re proud to invest in savvy entrepreneurs who will improve life for people in Ontario, while driving economic growth and creating jobs,” Wynne told the Economic Club of Canada Thursday. The premier said the $4 million contribution from the Social Enterprise Demonstration Fund is expected to leverage more than $6 million in investment from other sources, including the private sector.
Richard J. Brennan, Toronto Star